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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Bay is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Green Bay, WI

How much do homes in Green Bay, WI cost?

Median Sold Price

$297,630

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,642(+8.2%)

Key Takeaway

Homes in Green Bay have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Green Bay was $297,630 in November 2024, up 8.2% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135.4K$169.9K
+25.5%
2 $201K$217.7K
+8.3%
3 $274.7K$296.5K
+7.9%
4 $310K$349.9K
+12.9%
5+ $417.5K$596.9K
+43.0%

Summary: Green Bay housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 43%.

Median Sold Price Compared To Nearby Cities

Ashwaubenon
+20.0%
Allouez
+8.7%
Green Bay
+8.2%
Howard
+4.6%
Bellevue
+4.2%

Housing Supply in Green Bay, WI

How many homes are available in Green Bay, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
485450-7.2%

Summary: The Green Bay real estate market had 450 homes for sale in November 2024, a 7.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 9177
-15.4%
3 255242
-5.1%
4 109103
-5.5%
5+ 2726
-3.7%

Summary: The Green Bay housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 3.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13993-33.1%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

49 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Bay, you could pay more than the asking price. 52.7% of homes here sold above asking price last month.

Summary: A total of 93 homes were sold or pending in Green Bay in November 2024, down by 33.1% month-over-month. Of the 93 sold homes, 33% were sold under asking, 14% were sold at asking, and 53% were sold over asking.

Days on Market for 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 17 Days Ago

Newest Listings in Green Bay, WI

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