The housing market in the Green Bay, WI Metro Area has been experiencing strong growth in recent years. The median value for homes in the area is currently $261,700, which is much lower than the US median of $338,100. However, due to increased demand and appreciation over the last year, home values have appreciated by 12.92%, which is more than double the national rate of 8.27%. This rapid appreciation of housing prices may be indicative of a healthier market which could encourage future investments in the Green Bay area.
The median home cost in Green Bay Metro Area is $261,700. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Green Bay Metro Area is up 17.3%.
Average Age of Homes
- The median age of Green Bay Metro Area real estate is 39 years old
The Rental Market in Green Bay Metro Area
- Renters make up 27.5% of the Green Bay Metro Area population
- 1.0% of houses and apartments in Green Bay Metro Area, 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.