Is City of Green Bay, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$240,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in City of Green Bay have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in City of Green Bay was $240,000 in March 2024, up 9.1% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142K | $123.5K | -13.0% |
| 2 Bedrooms | $170K | $185K | +8.8% |
| 3 Bedrooms | $225K | $245.2K | +9.0% |
| 4 Bedrooms | $255K | $292.6K | +14.7% |
| 5+ Bedrooms | $267.6K | $377K | +40.9% |
Summary: City of Green Bay housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 40.9%.
Housing Supply in City of Green Bay, WI
How many homes are available in City of Green Bay, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 161 | 190 | +18.0% |
Summary: The City of Green Bay real estate market had 190 homes for sale in March 2024, a 18.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 45 | 48 | +6.7% |
| 3 Bedrooms | 78 | 86 | +10.3% |
| 4 Bedrooms | 26 | 44 | +69.2% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The City of Green Bay housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 55 | 40 | -27.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in City of Green Bay, you could pay more than the asking price. 65% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in City of Green Bay in March 2024, down by 27.3% month-over-month. Of the 40 sold homes, 18% were sold under asking, 18% were sold at asking, and 65% 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
