Why Live in Old Fourth Ward
Old Fourth Ward in Janesville is a historic neighborhood characterized by its diverse architectural styles, including Italianate, Queen Anne, and Foursquare homes. Over recent years, the area has seen a shift from renters to homeowners, partly due to the Janesville Home Buyer Assistance Program. While some multi-family homes remain, many have been converted into single-family residences. The neighborhood's proximity to the Rock River means that homes near the water are in a flood zone, necessitating flood insurance. Safety has improved over the past decade, thanks to the Fourth Ward Neighborhood Action Team's collaboration with local police. Monterey Park, a 42-acre space along the Rock River, features fishing spots, a paved trail for cross-country skiing, and Monterey Stadium, known for its historical significance in football. The Born Learning Trail in Fourth Ward Park offers interactive activities for children, while the nearby Rotary Botanical Gardens hosts an annual Holiday Light Show. Residents enjoy easy access to downtown Janesville, including the Janesville Farmers Market and various dining options like Drafthouse and Sandwich Bar. Public transportation is convenient with numerous bus stops, and major roads like River and Court Streets facilitate easy travel. The neighborhood is also close to Mercyhealth Hospital and Trauma Center and has good connectivity to Interstate 90. For air travel, Chicago/Rockford International Airport and Dane County Regional Airport are within a 45-mile radius.
Frequently Asked Questions
Is Old Fourth Ward a good place to live?
Old Fourth Ward is a good place to live. Old Fourth Ward is considered somewhat walkable and very bikeable with some transit options. Old Fourth Ward has 3 parks for recreational activities. It is somewhat dense in population with 9.4 people per acre and a median age of 34. The average household income is $55,105 which is below the national average. College graduates make up 6.3% of residents. A majority of residents in Old Fourth Ward are renters, with 62.9% of residents renting and 37.1% of residents owning their home. A
local real estate agent serving Old Fourth Ward can help you decide if this neighborhood is the right one for you. Learn more on our
Old Fourth Ward neighborhood guide.
How much do you need to make to afford a house in Old Fourth Ward?
The median home price in Old Fourth Ward is $169,000. If you put a 20% down payment of $33,800 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $860 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $37K a year to afford the median home price in Old Fourth Ward. The average household income in Old Fourth Ward is $55K.
What are the best public schools in Old Fourth Ward?
The best public schools that serve Old Fourth Ward are:
What are the best private schools in Old Fourth Ward?
The best private schools that serve Old Fourth Ward are:
What are the most popular zip codes in Old Fourth Ward, Janesville, WI?
What are the most popular neighborhoods near Old Fourth Ward, Janesville, WI?
Home Trends in Old Fourth Ward, WI
On average, homes in Old Fourth Ward, Janesville sell after 17 days on the market compared to the national average of 52 days. The median sale price for homes in Old Fourth Ward, Janesville over the last 12 months is $171,250, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$171,250
Median Single Family Sale Price
$167,500
Average Price Per Sq Ft
$113
Number of Homes for Sale
7
Last 12 months Home Sales
26
Median List Price
$169,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%