Janesville, Wisconsin, is a medium-sized city in southern Wisconsin and the largest city in Rock County. Affectionately named “Wisconsin’s Park Place,” Janesville, WI is situated about 40 miles southeast of Madison and approximately 75 miles west of Milwaukee, strategically positioned along Interstate 39/90, making it a prominent transportation hub in the greater southern Wisconsin region. Janesville proudly celebrates a history steeped in agriculture and manufacturing, and looks toward the future with robust developments in healthcare and education.
Nestled in the heart of Rock County, Janesville, WI is a thriving city that offers an appealing mix of affordability, community, and geographic convenience. As of the 2020 census, Janesville had a population of around 65,000 residents, making it the largest city in Rock County and the 10th largest in the state of Wisconsin. The city earns its nickname – “Wisconsin’s Park Place” – from its expansive 2,600-acre parks system composed of community parks, trails, and recreation areas enjoyed by visitors and residents alike.
Established in 1835, Janesville is one of the oldest cities in the state, and this long history lives on in the town’s well-preserved architecture and numerous historical sites. Originally an industrial town and formerly home to the largest General Motors plant in the world, Janesville has developed a robust economy with growing sectors in healthcare, education, and retail. The city’s convenient location off of I-39/90 is only 45 minutes from Madison, 1 hour and 30 minutes from Milwaukee, and 2 hours and 30 minutes from Chicago, making it a great option for commuters or frequent travelers.
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2715 Kennedy Road
Janesville, WI 53545
Janesville’s real estate market has been on the rise in recent years following a period of flat performance. In fact, home sales in Janesville have increased by 22.4% in the past year according to Redfin.com. Increased inventory in recent months has been driving continued growth and the market currently favors sellers due to the number of active buyers. The median home price is currently well below the Wisconsin state average at around $260,000, though this number is certain to increase as the market remains competitive. With a steady growth rate and relatively low home prices, Janesville is once again becoming a desirable location for families, retirees, and young professionals alike.
Steady demand for housing has also spurred new developments and the renovation of Janesville’s existing properties. The city’s commitment to preserving its historic architecture in the downtown area while also encouraging modern development means that buyers have a wide range of housing styles to choose from. Janesville’s housing market features diverse options, from historic Victorian homes in Courthouse Hill to modern developments in family-friendly neighborhoods like the far east and west sides. Whether you’re looking for a regal historic property or a spacious new build, Janesville’s real estate market is likely to have a home that meets most buyers’ needs.
Overall, the Janesville real estate market is enjoying a renewed period of growth and increased activity, leading to rising home prices and a competitive seller’s market. With its affordable home values and strategic location, Janesville continues to attract buyers, contributing to a positive outlook for the future. Both buyers and investors should stay informed about local market trends and inventory levels to make informed decisions, and buyers should consider working with a local real estate agent whenever possible.
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Aside from its recovering real estate market, Janesville has plenty of other benefits and amenities to offer residents. The city has a low cost of living compared to the national average, making it an attractive option for homebuyers interested in living frugally. The average commute time for a Janesville resident is 23 minutes thanks to its central location, and its proximity to Madison, Milwaukee, and Chicago grants easy access to three major cities.
True to its moniker of “Wisconsin’s Park Place,” Janesville also offers a wealth of opportunity for outdoor recreation. The city has over 2,500 acres of parks, trails, and green spaces for residents to enjoy. These areas serve as a communal backyard for the city, hosting community events, providing space for sports, and offering a natural retreat from Janesville’s urban areas. Popular parks include Riverside Park, with its idyllic riverfront views, Palmer Park, known for its extensive sports facilities, and Traxler Park, Janesville’s own Central Park located along the Rock River.
Between ample outdoor recreation options, abounding natural beauty, rich enduring history, and affordable living in a strategic location, Janesville is an appealing destination for many. First-time homebuyers will find relief in its below-average home prices, outdoor enthusiasts will love its exemplary parks system, and day-trippers will take advantage of its central location. It’s no surprise that Janesville is bouncing back from recent downturns in real estate so quickly and becoming an increasingly popular place to live.
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