Is City of Green Bay, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing City of Green Bay is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, City of Green Bay has remained a Seller's Market.

Key Takeaway

City of Green Bay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in City of Green Bay, WI

How much do homes in City of Green Bay, WI cost?

Median Sold Price

$250,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,600(+4.4%)

Key Takeaway

Homes in City of Green Bay have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in City of Green Bay was $250,000 in November 2024, up 4.4% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $117.7K$155K
+31.6%
2 $180K$199.9K
+11.1%
3 $242.3K$255K
+5.2%
4 $290.6K$290K
-0.2%
5+ $345K$427.5K
+23.9%

Summary: City of Green Bay housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.6%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 23.9%.

Housing Supply in City of Green Bay, WI

How many homes are available in City of Green Bay, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
248242-2.4%

Summary: The City of Green Bay real estate market had 242 homes for sale in November 2024, a 2.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 4844
-8.3%
3 132133
+0.8%
4 5958
-1.7%
5+ 76
-14.3%

Summary: The City of Green Bay housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7057-18.6%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in City of Green Bay, you could pay more than the asking price. 59.6% of homes here sold above asking price last month.

Summary: A total of 57 homes were sold or pending in City of Green Bay in November 2024, down by 18.6% month-over-month. Of the 57 sold homes, 26% were sold under asking, 14% were sold at asking, and 60% were sold over asking.

Days on Market for City of Green Bay, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in City of Green Bay, WI

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