Cities with the most expensive homes in the Janesville metro area
Cities with the most expensive homes in the Janesville metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights affordability plays a huge role for buyers.
The typical home value in the United States was a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Janesville metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#17. Beloit, WI
- Typical home value: $167,850
- 1-year price change: +9.0%
- 5-year price change: +70.4%
#16. Orfordville, WI
- Typical home value: $228,618
- 1-year price change: +6.4%
- 5-year price change: +47.0%
#15. Janesville, WI
- Typical home value: $253,052
- 1-year price change: +5.8%
- 5-year price change: +50.6%
#14. Clinton, WI
- Typical home value: $260,709
- 1-year price change: +8.6%
- 5-year price change: +57.2%
#13. Edgerton, WI
- Typical home value: $264,126
- 1-year price change: +4.7%
- 5-year price change: +57.9%
#12. Brodhead, WI
- Typical home value: $267,991
- 1-year price change: +5.6%
- 5-year price change: +53.3%
#11. Rock, WI
- Typical home value: $294,056
- 1-year price change: +9.1%
- 5-year price change: +48.9%
#10. Milton, WI
- Typical home value: $300,313
- 1-year price change: +7.9%
- 5-year price change: +54.0%
#9. Evansville, WI
- Typical home value: $306,877
- 1-year price change: +4.7%
- 5-year price change: +49.3%
#8. Turtle, WI
- Typical home value: $323,569
- 1-year price change: +5.8%
- 5-year price change: +46.6%
#7. Fulton, WI
- Typical home value: $347,653
- 1-year price change: +8.4%
- 5-year price change: +59.0%
#6. Plymouth, WI
- Typical home value: $356,448
- 1-year price change: +5.3%
- 5-year price change: +52.0%
#5. Newark, WI
- Typical home value: $366,106
- 1-year price change: +5.7%
- 5-year price change: +61.2%
#4. Harmony, WI
- Typical home value: $398,890
- 1-year price change: +4.1%
- 5-year price change: +47.6%
#3. Center, WI
- Typical home value: $417,768
- 1-year price change: +7.2%
- 5-year price change: +55.4%
#2. Union, WI
- Typical home value: $417,852
- 1-year price change: +3.9%
- 5-year price change: +50.3%
#1. Porter, WI
- Typical home value: $442,291
- 1-year price change: +4.1%
- 5-year price change: +50.7%
This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.
