Janesville, WI Real Estate

Janesville, Wisconsin Real Estate

Janesville, Wisconsin is a city in Rock County with a population of just over 60,000 people. Known as the “City of Parks,” Janesville has one of the highest parkland acreages per capita in Wisconsin. Aside from its scenic natural attractions, Janesville has much to offer to anyone looking to raise a family; it’s a great community in which to live, work and play.

Janesville has a vibrant business culture, with many prominent companies headquartered in town. Companies like Mercy Health System, Blain’s Farm & Fleet and Woodman’s Food Market call Janesville home. The city is very conducive to economic development. Its “Speed to Market” initiative speaks to its commitment in assisting business growth through providing efficient services to those looking to start a business.

The city of Janesville also has an excellent primary education system, which has consistently surpassed state graduation rates for the last many years. It provides its students with access to college preparatory and language classes, which is not often available at other schools. Janesville also has many opportunities in the area of secondary education – Blackhawk Technical College and UW-Rock County are located within the city limits. Located nearby are UW-Madison, Beloit College and UW-Whitewater.

Janesville’s architectural climate is something spectacular. Twenty percent of Wisconsin’s buildings listed on the National Register of Historic Places can be found in Janesville. The city’s downtown area is an amalgam of historic architectural buildings and modern shops and store fronts.
Janesville’s nickname, “City of Parks,” isn’t an anomaly. The city has a 2,500 acre park system, which includes 53 parks, boat launches, golf courses and nature trails. The two golf courses in Janesville include the Riverside Golf Course, an 18-hole course, and Blackhawk Golf Course, a nine-hole course. Riverside has repeatedly been given 3+ star ratings from Golf Digest. Janesville also has a public, internationally-themed botanical garden at Rotary Gardens. It’s a 20-acre non-profit botanic garden home to many dramatic and themed gardens, including Japanese, Scottish, French Formal, Italian and English Cottage Gardens.

Other entertainment options in Janesville include the Armory Dinner Theatre, Janesville Jets Hockey and the Janesville Performing Arts Center. The Armory is a historical building in downtown Janesville offering three distinct dining and entertainment experiences. The Janesville Jets are an expansion team in the North American Hockey League. You can see Jets hockey action at the Janesville Ice Arena. The Janesville Performing Arts Center offers performances and events produced by 15 local non-profit arts groups. The center has a 633-seat theatre, lobby and art gallery. Each year, the center hosts over 100 public and private events. Some of the performances include musicals, symphony, dance, concerts, comedic and dramatic theatre, educational programs and more. To find out more, visit the center’s website.

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Adams Elementary School (Janesville) Janesville School District Public 330 14 ADAMS ELEMENTARY SCHOOL GreatSchools Rating
Arise Virtual Academy (Janesville) Janesville School District Public 48 15 ARISE VIRTUAL ACADEMY GreatSchools Rating
Craig High School (Janesville) Janesville School District Public 1700 14 CRAIG HIGH SCHOOL GreatSchools Rating
Edison Middle School (Janesville) Janesville School District Public 580 13 EDISON MIDDLE SCHOOL GreatSchools Rating
Franklin Middle School (Janesville) Janesville School District Public 675 12 FRANKLIN MIDDLE SCHOOL GreatSchools Rating
Harrison Elementary School (Janesville) Janesville School District Public 280 14 HARRISON ELEMENTARY SCHOOL GreatSchools Rating
Jackson Elementary School (Janesville) Janesville School District Public 330 11 JACKSON ELEMENTARY SCHOOL GreatSchools Rating
Jefferson Elementary School (Janesville) Janesville School District Public 300 12 JEFFERSON ELEMENTARY SCHOOL GreatSchools Rating
Kennedy Elementary School (Janesville) Janesville School District Public 346 13 KENNEDY ELEMENTARY SCHOOL GreatSchools Rating
Lincoln Elementary School (Janesville) Janesville School District Public 350 12 LINCOLN ELEMENTARY SCHOOL GreatSchools Rating
Madison Elementary School (Janesville) Janesville School District Public 416 13 MADISON ELEMENTARY SCHOOL GreatSchools Rating
Marshall Middle School (Janesville) Janesville School District Public 850 13 MARSHALL MIDDLE SCHOOL GreatSchools Rating
Monroe Elementary School (Janesville) Janesville School District Public 400 14 MONROE ELEMENTARY SCHOOL GreatSchools Rating
Parker High School (Janesville) Janesville School District Public 1190 14 PARKER HIGH SCHOOL GreatSchools Rating
Rock University High (Janesville) Janesville School District Public 46 23 ROCK UNIVERSITY HIGH GreatSchools Rating
Roosevelt Elementary School (Janesville) Janesville School District Public 380 14 ROOSEVELT ELEMENTARY SCHOOL GreatSchools Rating
Tagos Leadership Academy (Janesville) Janesville School District Public 68 19 TAGOS LEADERSHIP ACADEMY GreatSchools Rating
Van Buren Elementary School (Janesville) Janesville School District Public 360 13 VAN BUREN ELEMENTARY SCHOOL GreatSchools Rating
Washington Elementary School (Janesville) Janesville School District Public 313 14 WASHINGTON ELEMENTARY SCHOOL GreatSchools Rating
Wilson Elementary School (Janesville) Janesville School District Public 220 9 WILSON ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 73,997 163,344 5,852,878
Total Households 29,890 64,140 2,349,819
Total Families 19,710 43,224 1,516,725
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 60% 58% 58%
Blue Collar Jobs 40% 42% 42%

Top Occupations

Professions Population Employed
Professional Services 8,562
Healthcare 5,575
Sales 5,027
Manufacturing 3,029
Maintenance 2,790
Transportation 2,255
Food 2,070
Management 1,876
Construction 1,198
Social Services 1,182

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 3,230 8,326 224,571
High School Graduate 18,455 40,126 1,256,597
Some College 11,500 24,009 833,955
Associates Degree 5,161 11,411 410,260
Bachelors Degree 7,399 15,211 747,113
Graduate Degree 3,717 7,792 384,121

Education Attainment


Market Conditions
Market Conditions for Janesville - July 2020 | Shorewest Realtors®
July 2020

Market Conditions for Janesville

Median Sale Price Graph

Median Sale Price

The median sale price for homes in July was $191,650. The median sales price for homes in July rose by $8,900 compared to last month. This represents a 4.87% increase from June. Compared to the same month last year, the median price of homes rose by $17,650 representing a 10.14% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 5 in July to 171. This represents 2.84% decrease from June when 176 homes were on the market. Compared to the same month last year when there were 141 homes for sale, the inventory of homes for sale has risen by 30 representing a 21.27% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 106 homes sold in July was 12 more than in June. This represents a 12.76% increase in sales from June. Compared to the same month last year, the number of homes sold decreased by 5, a -4.5% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in July (23) increased by 6 days compared to June. This represents a 35.29% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 1, a 4.54% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 100.16% in July rose by 0.98% compared to June and increased 1.24% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in July (104) fell by 13 compared to June, a 11.11% change. Compared to July 2019, the number of new listings decreased by 17, a -14.04% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in July was $192,450. The median list price for homes in July rose by $12,550 compared to last month. This represents a 6.97% increase from June. Compared to the same month last year, the median list price of homes increased $19,950 representing a 11.56% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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