The housing market in the Janesville-Beloit, WI Metro Area is thriving. The median value of a home in this area is $225,500, which is significantly lower than the US house median value of $338,100. In addition, the one-year appreciation rate for homes in this area is 16.22%, significantly higher than the US average of 8.27%. With these attractive rates and values, it is no wonder that many people are looking to move into this area and take advantage of the great housing opportunities it provides.
The median home cost in Janesville-Beloit Metro Area is $225,500. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Janesville-Beloit Metro Area is up 15.0%.
Average Age of Homes
- The median age of Janesville-Beloit Metro Area real estate is 49 years old
The Rental Market in Janesville-Beloit Metro Area
- Renters make up 28.0% of the Janesville-Beloit Metro Area population
- 0.8% of houses and apartments in Janesville-Beloit Metro Area, 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.