Is Green Bay, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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
$274,625
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Green Bay have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Green Bay was $274,625 in November 2023, up 13.4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142K | $135.4K | -4.6% |
| 2 Bedrooms | $182.4K | $201K | +10.2% |
| 3 Bedrooms | $243.8K | $274.9K | +12.8% |
| 4 Bedrooms | $280K | $310K | +10.7% |
| 5+ Bedrooms | $347K | $417.5K | +20.3% |
Summary: Green Bay housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 20.3%.
Median Sold Price Compared To Nearby Cities
| Allouez | $238.7K | $271K | +13.5% |
| Green Bay | $242.1K | $274.6K | +13.4% |
| Ashwaubenon | $265.1K | $300K | +13.2% |
| Bellevue | $335K | $365K | +9.0% |
| Howard | $350.6K | $349.4K | -0.4% |
Housing Supply in Green Bay, WI
How many homes are available in Green Bay, WI?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 479 | 454 | -5.2% |
Summary: The Green Bay real estate market had 454 homes for sale in November 2023, a 5.2% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 11 | +37.5% |
| 2 Bedrooms | 106 | 92 | -13.2% |
| 3 Bedrooms | 252 | 235 | -6.7% |
| 4 Bedrooms | 90 | 97 | +7.8% |
| 5+ Bedrooms | 23 | 19 | -17.4% |
Summary: The Green Bay housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 17.4%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 138 | 132 | -4.3% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
66 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Bay, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 132 homes were sold or pending in Green Bay in November 2023, down by 4.3% month-over-month. Of the 132 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
