Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$196,089
$1,031

Housing Market Overview

Metric Janesville Wisconsin Avg US Average
Median Home Price $196,089 $176,921 $242,182
Price Trend (Annual %) 12.9% 5.3% 8.2%
Median Gross Rent $1,031 $1,045 $1,342
Rent Trend (Annual %) 4.6% 4.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Janesville
Wisconsin
United States
Year Janesville Wisconsin United States
Median Rent Over Time
Janesville
Wisconsin
United States
Year Janesville Wisconsin United States

Affordability

On average, housing unit costs 2.9 yearly household incomes in Janesville.

Metric Janesville Wisconsin Avg US Average
Median Home Price $196,089 $176,921 $242,182
Median Household Income $67,658 $75,766 $78,145
Price-to-Income Ratio 2.9 2.3 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Janesville Wisconsin Avg US Average
Homeownership Rate 61.0% 60.4% 58.2%
Rental Rate 34.5% 28.6% 31.3%
Vacancy Rate 4.5% 11.1% 10.6%
Median Tenure (years) 15.0 16.0 15.0
Median Year Moved In 2011 2010 2011

Housing Stock

Metric Janesville Wisconsin Avg US Average
Average Household Size 2.29 people 2.35 people 2.54 people
Median Structure Built Year 1968 1973 1978
Median Number of Rooms 5.6 5.6 5.5