How much house does $500,000 buy you in Janesville?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Janesville?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Janesville right now. Listings below $500,000 were included if necessary.
643 Park Ave, Beloit, WI 53511
- Price: $429,900
- 6 bedrooms, 3.5 bathrooms
- Square feet: 4,376
- See 643 Park Ave, Beloit, WI 53511 on Redfin.com
L55 N Newville Trails Dr, Edgerton, WI 53534
- Price: $474,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,880
- See L55 N Newville Trails Dr, Edgerton, WI 53534 on Redfin.com
4587 N Brentwood Dr, Milton, WI 53563
- Price: $500,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 4,003
- See 4587 N Brentwood Dr, Milton, WI 53563 on Redfin.com
118 Windmill Ridge Rd, Evansville, WI 53536
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,089
- See 118 Windmill Ridge Rd, Evansville, WI 53536 on Redfin.com
4322 Tydl Dr, Janesville, WI 53546
- Price: $469,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,008
- See 4322 Tydl Dr, Janesville, WI 53546 on Redfin.com
8936 N Jacobs Dr, Milton, WI 53563
- Price: $499,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,366
- See 8936 N Jacobs Dr, Milton, WI 53563 on Redfin.com
3029 Ruger Ave, Janesville, WI 53546
- Price: $439,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,048
- See 3029 Ruger Ave, Janesville, WI 53546 on Redfin.com
4304 N River Rd, Janesville, WI 53545
- Price: $490,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,857
- See 4304 N River Rd, Janesville, WI 53545 on Redfin.com
3629 Candlewood Dr, Janesville, WI 53546
- Price: $439,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,793
- See 3629 Candlewood Dr, Janesville, WI 53546 on Redfin.com
3276 Danbury Dr E, Janesville, WI 53546
- Price: $430,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,576
- See 3276 Danbury Dr E, Janesville, WI 53546 on Redfin.com
126 Deanna Dr, Evansville, WI 53536
- Price: $429,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,340
- See 126 Deanna Dr, Evansville, WI 53536 on Redfin.com
680 W Main St, Evansville, WI 53536
- Price: $449,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,200
- See 680 W Main St, Evansville, WI 53536 on Redfin.com
2919 Dartmouth Dr, Janesville, WI 53548
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,320
- See 2919 Dartmouth Dr, Janesville, WI 53548 on Redfin.com
4828 N Brentwood Dr, Milton, WI 53563
- Price: $469,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,967
- See 4828 N Brentwood Dr, Milton, WI 53563 on Redfin.com
7 Valley Rd, Beloit, WI 53511
- Price: $434,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,547
- See 7 Valley Rd, Beloit, WI 53511 on Redfin.com
1236 Somerset Ct, Janesville, WI 53546
- Price: $440,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,334
- See 1236 Somerset Ct, Janesville, WI 53546 on Redfin.com
70 Evergreen Ln, Milton, WI 53563
- Price: $429,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,033
- See 70 Evergreen Ln, Milton, WI 53563 on Redfin.com
850 E Mckearn Ln, Beloit, WI 53511
- Price: $450,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,968
- See 850 E Mckearn Ln, Beloit, WI 53511 on Redfin.com
1263 N Parker Dr, Janesville, WI 53545
- Price: $450,000
- 4 bedrooms, 1.5 bathrooms
- Square feet: 2,480
- See 1263 N Parker Dr, Janesville, WI 53545 on Redfin.com
8829 S Creek Rd, Beloit, WI 53511
- Price: $449,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,377
- See 8829 S Creek Rd, Beloit, WI 53511 on Redfin.com
22 S Garfield Ave, Janesville, WI 53545
- Price: $463,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,878
- See 22 S Garfield Ave, Janesville, WI 53545 on Redfin.com
110 Windmill Ridge Rd, Evansville, WI 53536
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,534
- See 110 Windmill Ridge Rd, Evansville, WI 53536 on Redfin.com
3638 Voda Dr, Milton, WI 53563
- Price: $469,500
- 3 bedrooms, 2 bathrooms
- Square feet: 1,745
- See 3638 Voda Dr, Milton, WI 53563 on Redfin.com
1010 Journey Hills Rd, Milton, WI 53563
- Price: $444,990
- 3 bedrooms, 2 bathrooms
- Square feet: 1,728
- See 1010 Journey Hills Rd, Milton, WI 53563 on Redfin.com
119 E Evergreen Ln, Milton, WI 53563
- Price: $439,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,718
- See 119 E Evergreen Ln, Milton, WI 53563 on Redfin.com
3831 Avery Ln, Janesville, WI 53546
- Price: $472,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,618
- See 3831 Avery Ln, Janesville, WI 53546 on Redfin.com
4416 Scottys Dr, Janesville, WI 53546
- Price: $440,500
- 3 bedrooms, 2 bathrooms
- Square feet: 1,615
- See 4416 Scottys Dr, Janesville, WI 53546 on Redfin.com
2724 E State Line Rd, Beloit, WI 53511
- Price: $459,993
- 3 bedrooms, 1 bathroom
- Square feet: 700
- See 2724 E State Line Rd, Beloit, WI 53511 on Redfin.com
116 Swift St, Edgerton, WI 53534
- Price: $475,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,773
- See 116 Swift St, Edgerton, WI 53534 on Redfin.com
395 E Ellendale Rd, Edgerton, WI 53534
- Price: $469,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,008
- See 395 E Ellendale Rd, Edgerton, WI 53534 on Redfin.com
