Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$296,850+6.2% YoY · prices are rising fast
Market right nowSeller's marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$64,351About 0.9× the local median income ($73,982): affordable for a typical household
Days on market50 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+5.2%Zillow expects prices to rise strongly
The typical home in Janesville-Beloit, WI is worth $296,850, up 6.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $230,945, so the area is 28.5% overvalued. It is a seller's market: homes take about 50 days to sell, listings are up 5% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 5.2% over the next year. A household needs about $64,351 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,982. Typical rent is $1,292 a month, or $1,608 for a house. In the latest IRS figures, 223 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$296,850
Change in 1 year
+6.2%
Overvalued %
+28.5%
Show 7 more
Fair home value
$230,945
Change in 5 years
+39.1%
Zillow forecast, next 12 months
+5.2%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,609
Income needed to afford it
$64,351
Property tax rate
1.60%
Rent and investing
Typical rent
$1,292
Typical rent for houses
$1,608
Price-to-rent ratio
19.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,280
Gross rental yield
5.22%
Cap rate (estimate)
3.39%
Market activity
Listings vs a year ago
+5.1%
Days on market
50
Listings with a price cut
20.0%
Show 3 more
Homes for sale
351
Pending sales per 100 listings
58
Asking price per sq ft
$200
People and jobs
Median household income
$73,982
Population change (1 year)
+0.5%
Unemployment rate
3.8%
Show 4 more
Population
166,472
Income adjusted for cost of living
$78,956
Net moves in (IRS)
+223
Cost of living (US = 100)
93.7
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
86.4
Unhealthy air days a year
2
Show 4 more
Flood risk score
87.6
Wildfire risk score
26.8
Walkability (1 to 20)
10.2
Road, rail and air noise
53 dB
Questions people ask
Is Janesville-Beloit, WI overvalued?
Home prices in Janesville-Beloit, WI are well above what local incomes have historically supported: fair value is about $230,945, so the area is 28.5% overvalued.
Is Janesville-Beloit, WI a buyer's or seller's market?
Janesville-Beloit, WI is a seller's market: homes take about 50 days to sell, listings are up 5% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Janesville-Beloit, WI?
Home values in Janesville-Beloit, WI are up 6.2% over the last year. Zillow's forecast for the next 12 months is +5.2%.
How much do you need to earn to buy a home in Janesville-Beloit, WI?
A household needs about $64,351 a year to afford the typical home in Janesville-Beloit, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,982.