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JANESVILLE, IA 50647

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The JANESVILLE, IA real estate market (50647) currently shows 10 active listings, with 1 pending sales. Homes are averaging 115 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 115 days on market compared to 208 days last year.

The median listing price has risen 10.2% year-over-year, from $358,500 to $394,900.

Whether you are buying or selling in JANESVILLE, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,032  ·  Density: 25.8/mi²  ·  Median household income: $94,898

Typical home value: $266,832  ·  Homeownership: 94.9%

Market Overview

Active Listings
10
⇧ 42.9% vs 7 last year
Pending
1
10% pending ratio
Median Price
$394,900
⇧ 10.2% vs $358,500 last year
Average Price
$394,717
⇧ 27.3% vs $310,000 last year
Days on Market
115
⇩ 44.7% vs 208 days last year

Price Per Square Foot

Median $/sqft
$173
⇧ 23.6% vs $140/sqft last year
Median Home Size
2,202 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 7 last year
  • Days on market: 115 now vs 208 last year

Median & Average Pricing

Year over Year
  • Median: $394,900 (+10.2% YoY)
  • Average: $394,717 (+27.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.2 miles — 406 listings ($92,652,439 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50647Janesville, IA 506470.0 mi11$4,111,800$369,900$373,800
50622Denver, IA 506227.7 mi11$3,911,556$309,250$355,596
50677Waverly, IA 506778.3 mi57$20,471,379$346,525$359,147
50703Waterloo, IA 5070312.2 mi69$7,866,000$84,500$114,000
50619Clarksville, IA 5061913.9 mi4$769,800$192,450$192,450
50666Plainfield, IA 5066614.7 mi1$149,000$149,000$149,000
50665Parkersburg, IA 5066515.5 mi12$3,029,652$242,075$252,471
50702Waterloo, IA 5070215.7 mi84$15,807,204$168,650$188,181
50701Waterloo, IA 5070117.4 mi131$32,388,047$209,700$247,237
50667Raymond, IA 5066717.9 mi3$729,975$243,325$243,325
50629Fairbank, IA 5062920.3 mi4$928,820$216,200$232,205
50658Nashua, IA 5065821.1 mi17$2,205,206$103,500$129,718
50642Holland, IA 5064222.2 mi2$284,000$142,000$142,000

Frequently Asked Questions

How many homes are for sale in JANESVILLE, IA 50647?

As of March 2026, there are 10 active listings in JANESVILLE, IA (zip code 50647), compared to 7 the prior year.

What is the median home price in JANESVILLE, IA 50647?

The median listing price in JANESVILLE, IA 50647 is $394,900 as of March 2026, a 10.2% increase from $358,500 the prior year.

How long do homes stay on the market in JANESVILLE, IA?

Homes in JANESVILLE, IA 50647 spend an average of 115 days on the market before going under contract, compared to 208 days the prior year.

Is it a seller's or buyer's market in JANESVILLE, IA 50647?

Based on current inventory and days-on-market data as of March 2026, JANESVILLE, IA 50647 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 115 days on market compared to 208 days last year.

How much can I save on real estate commission in JANESVILLE, IA?

With SELL123.com's maximum 3% commission, sellers in JANESVILLE, IA 50647 save an estimated $7,898 compared to a typical 5% commission on the median listing price of $394,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.