Is Green Bay, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$282,874
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Green Bay have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Green Bay was $282,874 in April 2024, up 13.1% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142K | $140.2K | -1.3% |
| 2 Bedrooms | $185K | $207.7K | +12.3% |
| 3 Bedrooms | $249.9K | $280.5K | +12.2% |
| 4 Bedrooms | $280.6K | $327.2K | +16.6% |
| 5+ Bedrooms | $349.7K | $510K | +45.8% |
Summary: Green Bay housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 45.8%.
Median Sold Price Compared To Nearby Cities
| Ashwaubenon | $273.4K | $320K | +17.0% |
| Allouez | $252K | $290K | +15.1% |
| Green Bay | $250K | $282.8K | +13.1% |
| Bellevue | $334.3K | $376.2K | +12.5% |
| Howard | $349.8K | $355K | +1.5% |
Housing Supply in Green Bay, WI
How many homes are available in Green Bay, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 387 | 450 | +16.3% |
Summary: The Green Bay real estate market had 450 homes for sale in April 2024, a 16.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 78 | 85 | +9.0% |
| 3 Bedrooms | 173 | 214 | +23.7% |
| 4 Bedrooms | 102 | 111 | +8.8% |
| 5+ Bedrooms | 27 | 31 | +14.8% |
Summary: The Green Bay housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 14.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 103 | 137 | +33.0% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
85 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Bay, you could pay more than the asking price. 62% of homes here sold above asking price last month.
Summary: A total of 137 homes were sold or pending in Green Bay in April 2024, up by 33.0% month-over-month. Of the 137 sold homes, 24% were sold under asking, 14% were sold at asking, and 62% were sold over asking.
Days on Market for Green Bay, WI
How long does it take to sell a home in Green Bay, WI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Green Bay are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 137 homes were sold in Green Bay; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
