Janesville, IA—50647
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Janesville, IA
As of Oct '25, the median home price in Janesville, IA is $304,000, with a year-over-year change of 3.6%. This indicates that home prices in Janesville, IA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $304,000 | 3.6% |
| Single Family | $304,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $207,000 | 5.1% |
3 Bed | $306,000 | 3.7% |
4 Bed | $346,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Janesville, IA
Janesville, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Janesville, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Janesville, IA is 55. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $365,000 | 5.0% |
Listing Count | 6 | -43.0% |
| Listings as % of Homes | 0.4% | -43.0% |
Days on Market | 55 | -22.0% |
Demographics — Janesville, IA
As of the latest ACS Survey released in 2023, Janesville, IA has a population of 2,070, which has increased by 1.8% over the past 5 years. Janesville, IA is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 27.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,070 | 1.8% |
% Under 18 | 23.2% | -3.7% |
% Seniors | 17.7% | -10.2% |
% WFH | 7.2% | -21.7% |
% w/ College Degree | 27.8% | 26.4% |
As of the latest ACS Survey released in 2023, Janesville, IA is a predominantly white area, with 96.1% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Janesville, IA is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.6% of the population in Janesville, IA, and this percentage has decreased by 14.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.1% | -2.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.3% | 333.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.6% | -14.3% |
Mortgage and Risk — Janesville, IA
Janesville, IA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Janesville, IA
Janesville, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | N/A | N/A | $1,350 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Janesville, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $304,000 |
| Median Household Income | $98,100 |