Janesville, WI home prices
Typical home $296,850 · +6.2% in a year · income needed $91,800
The Janesville, WI metro area ranks 329 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +6.2% in a year and +39.1% over five years. With 20% down at 7.11%, the typical home costs about $2,141 a month including 1.6% property tax (Rock County rate).
Mortgage on the typical Janesville home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,370 | $237,480 | $1,598 | $0 | $544 | $2,141 | $91,800 |
| 10% down | $29,685 | $267,165 | $1,797 | $111 | $544 | $2,452 | $105,100 |
| 5% down | $14,842 | $282,007 | $1,897 | $118 | $544 | $2,559 | $109,700 |
| 3.5% down (FHA) | $10,390 | $291,473 | $1,961 | $131 | $544 | $2,636 | $113,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.6% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Janesville area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Rock County, WI | $296,846 | +6.2% | 1.6% |
What can you afford in Wisconsin on your salary? · Wisconsin home prices · Salaries in Wisconsin
Frequently asked questions
How much is a house in Janesville?
The typical home in the Janesville, WI metro area is worth $296,850 (Zillow, September 2026).
What salary do you need to buy a house in Janesville?
About $91,800 a year for the typical home with 20% down at 7.11%.