The housing market in Janesville, MN is extremely strong, with the median value of houses at $236,000 and a one-year house appreciation of 11.33%. This is significantly higher than the national median value of $338,100 and the US one year house appreciation rate of 8.27%. This makes Janesville an attractive option for people looking to buy or invest in a home. The strong appreciation rate indicates that houses in this area are likely to continue increasing in value over time.
The median home cost in Janesville is $236,000. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Janesville is up 11.6%.
Average Age of Homes
- The median age of Janesville real estate is 42 years old
The Rental Market in Janesville
- Renters make up 13.3% of the Janesville population
- 1.5% of houses and apartments in Janesville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.