Population: 4,267 · Density: 13.5/mi² · Median household income: $80,688
Typical home value: $200,204 · Homeownership: 87.0%
Data as of January 2026. Source: Realtor.com.
The JANESVILLE, MN real estate market (56048) currently shows 6 active listings, with 2 pending sales. Homes are averaging 95 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 95 days on market compared to 86 days last year.
The median listing price has fallen 4.8% year-over-year, from $312,450 to $297,450.
Whether you are buying or selling in JANESVILLE, MN, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56048 | Janesville, MN 56048 | 0.0 mi | 6 | $2,123,226 | $297,450 | $353,871 |
| 56080 | Saint Clair, MN 56080 | 7.1 mi | 2 | $454,800 | $227,400 | $227,400 |
| 56028 | Elysian, MN 56028 | 9.0 mi | 3 | $1,739,700 | $579,900 | $579,900 |
| 56093 | Waseca, MN 56093 | 10.1 mi | 23 | $5,717,271 | $219,900 | $248,577 |
| 56091 | Waldorf, MN 56091 | 12.3 mi | 2 | $298,000 | $149,000 | $149,000 |
| 56065 | Mapleton, MN 56065 | 15.0 mi | 8 | $2,130,488 | $199,900 | $266,311 |
| 56050 | Kasota, MN 56050 | 16.2 mi | 3 | $1,192,200 | $397,400 | $397,400 |
| 55052 | Morristown, MN 55052 | 16.7 mi | 4 | $1,759,760 | $449,900 | $439,940 |
| 56037 | Good Thunder, MN 56037 | 17.3 mi | 4 | $1,272,900 | $316,950 | $318,225 |
| 56003 | Mankato, MN 56003 | 20.2 mi | 27 | $11,610,000 | $359,900 | $430,000 |
| 56032 | Freeborn, MN 56032 | 23.4 mi | 1 | $279,900 | $279,900 | $279,900 |
| 56069 | Montgomery, MN 56069 | 23.8 mi | 30 | $10,583,850 | $345,400 | $352,795 |
| 55060 | Owatonna, MN 55060 | 24.4 mi | 79 | $28,186,173 | $339,950 | $356,787 |
As of January 2026, there are 6 active listings in JANESVILLE, MN (zip code 56048), compared to 5 the prior year.
The median listing price in JANESVILLE, MN 56048 is $297,450 as of January 2026, a 4.8% decrease from $312,450 the prior year.
Homes in JANESVILLE, MN 56048 spend an average of 95 days on the market before going under contract, compared to 86 days the prior year.
Based on current inventory and days-on-market data as of January 2026, JANESVILLE, MN 56048 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 95 days on market compared to 86 days last year.
With SELL123.com's maximum 3% commission, sellers in JANESVILLE, MN 56048 save an estimated $5,949 compared to a typical 5% commission on the median listing price of $297,450. 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.