Green Bay, WI is an attractive area for those looking to purchase a home due to its relatively low housing median value compared to the US house median value and its high one year house appreciation rate. The median value of homes in Green Bay is $212,700 whereas the US median value is $338,100. Additionally, while the US has had a one year house appreciation rate of 8.27%, Green Bay has had an even higher rate of 17.51%. This data suggests that people have seen greater returns on their housing investments when purchasing in Green Bay, making it an attractive option for prospective homebuyers.
The median home cost in Green Bay is $212,700. Home appreciation the last 10 years has been 77.6%. Home Appreciation in Green Bay is up 15.2%.
Average Age of Homes
- The median age of Green Bay real estate is 48 years old
The Rental Market in Green Bay
- Renters make up 39.7% of the Green Bay population
- 1.8% of houses and apartments in Green Bay, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.