Market Overview
Home Prices in Janesville, CA
The median home value in Janesville, CA is $323,370 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Janesville are priced21% below average. Janesville is part of the Susanville, CA metro area.
Over the past five years, Janesville home values have fallen by approximately1.8%, reflecting softening conditions in this market.
Price History
Janesville Home Price Trend
City Comparison
Janesville vs. National Median
At $323,370, homes in Janesville cost 21% below the national median of $410,000. This makes Janesville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Janesville?
20% Down Payment
$64,674
on $323,370
Monthly P&I
$1,687/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,142/mo
incl. taxes & insurance
Income Needed
$85,680
gross annual (30% rule)
10% Down Option
$32,337
+ PMI applies
Loan Amount (20% dn)
$258,696
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Janesville, CA?
The median home value in Janesville is $323,370 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Janesville?
Over the past year, home values in Janesville have increased by 0.7%. Over five years, prices have fallen approximately 1.8%.
How much do I need to earn to buy a home in Janesville?
To comfortably afford the median home price of $323,370 with a 20% down payment ($64,674) at today's rates (6.8%), you'd need a gross annual income of approximately $85,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Janesville compare to the national average home price?
The national median home value is approximately $410,000. At $323,370, homes in Janesville are 21% below the national average.
What metro area is Janesville part of?
Janesville is part of the Susanville, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.