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Green Bay, WI housing market

Green Bay, WI metro median sale price $365K in Jul–Sep 2026, up 4.9% year over year. Also days on market, price cuts, affordability and ZIP-code figures.

The median sale price in the Green Bay, WI metro is $365K over Jul–Sep 2026, up 4.9% from the same 3 months a year earlier. The gain is larger than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro agrees within 0.1 points (up 5.0% through Q2 2026).

On median sale price, Green Bay ($365K) ranks 3rd of the 13 Wisconsin metros Pecan Street tracks, between Milwaukee ($385K) and Appleton ($349K). On median days on market, Green Bay (44 days) ranks 6th of the 13 Wisconsin metros, between Wausau (45 days) and Appleton (40 days). On share of listings with a price cut, Green Bay (26%) ranks 10th of the 13 Wisconsin metros, between Milwaukee (27%) and Fond du Lac (25%).

Listings spent a median 44 days on market in Sep 2026, fewer than in most of the 385 metros. 26% of active listings carry a price cut; the 3-month average vs a year earlier is 14.2 points lower. That share is the 37th-lowest of the 385 metros. Building permits authorized 137 new housing units in Sep 2026.

At the 7.12% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,964 a month; at 28% of gross income, that takes about $84K a year. The median sale price equals about 18 years of HUD Fair Market Rent, a ratio down 4.5% from a year earlier. That ratio is higher than in most of the 373 metros. Active listings ask a median $212 per square foot; the 3-month average vs a year earlier is down 5.2%.

In five of the seven ZIP codes in the table below, median list prices are lower than a year earlier; two are higher.

Headline

Median sale price

Jul–Sep 2026

$365K

+4.9% year-over-year

How it’s calculated

Average of the last three monthly median sale prices vs. the same three months a year earlier.

Mortgage rate

Nov 4, 2026

7.12%

30-year fixed

Where it comes from

National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.

The same rate appears on every market page.

Monthly payment

Principal & interest

$1,964/mo

$84K/yr income needed

How it’s calculated

Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.

Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.

How Green Bay compares to other U.S. metros

Price cuts↓349th of 385
Days on market↓326th of 385
Price-to-rent↑70th of 373 (top 19%)
Home-price growth↑92nd of 383 (top 25%)

Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.

Affordability

Price-to-rent ratio≈ 18 -4.5% YoY
↑70th of 373 (top 19%)
Asking price / sq ft$212 -5.2% 3-month average vs a year earlier

Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market pressure

Listings with a price cut≈ 26% -14.2 pts 3-month average vs a year earlier
↓349th of 385
New housing units permitted137

Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market facts

ZIPs with listing data7 shown of 27
MLS board of record—
Price methodologyRedfin vs FHFA HPI
Sale-price windowJul–Sep 2026

Recent signals

No signals flagged for this market right now.

Recent notable readings

Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.

Housing Economy

Green Bay · ConstructionCOPIED

Green Bay builders pulled 23.0% more single-family permits than a year earlier

Single-family building permits in the Green Bay metro area, by month, one line per year, units

AprJulOct2040608010020252026
AprJulOct2040608010020252026
2024
Chart data
Month202420252026
Dec3043—
Nov5465—
Oct6879—
Sep645889
Aug776288
Jul566897
Jun807275
May586093
Apr838569
Mar667972
Feb464360
Jan343447

Source: U.S. Census Bureau, Building Permits Survey · data through September 2026

Builders in the Green Bay metro area pulled 877 single-family permits in the twelve months through September 2026, 23.0% more than in the twelve months before. So far in 2026, permits are running 23.0% above the same months of 2025.

Why it matters. Permits come before starts, and starts come before new homes for sale, so this is the earliest read on how much new building is planned in the Green Bay area. When the permit pipeline shrinks, buyers see fewer new-build options later; when it grows, sellers of existing homes face more competition from builders.

Green Bay · Home pricesCOPIED

Green Bay home prices are 5.0% higher than a year ago

Home prices in the Green Bay metro area, change from a year earlier, FHFA all-transactions index, quarterly, percent; shaded bars mark recessions

1990200020102020-7%0%7%14%21%Green Bay
1990200020102020-7%0%7%14%21%Green Bay
No changeRecession
Chart data
DateGreen Bay
Jun 20265%
Mar 20264.2%
Dec 20255.9%
Sep 20256.2%
Jun 20256.9%
Mar 20257.4%
Dec 20246.1%
Sep 20246.9%
Jun 20248%
Mar 202413%
Dec 20239.2%
Sep 202311.7%
Jun 202311%
Mar 202312.5%
Dec 202216.8%
Sep 202216.4%
Jun 202218.7%
Mar 202216.9%
Dec 202115.7%
Sep 202115.3%
Jun 202112.1%
Mar 20216.2%
Dec 20205.5%
Sep 20204%
Jun 20203.5%
Mar 20204.3%
Dec 20194.7%
Sep 20194.3%
Jun 20194.5%
Mar 20195.8%
Dec 20186.3%
Sep 20184.8%
Jun 20185.7%
Mar 20184.7%
Dec 20174.8%
Sep 20177%
Jun 20175.6%
Mar 20175.8%
Dec 20164.6%
Sep 20165.3%
Jun 20164.5%
Mar 20162.4%
Dec 20153.6%
Sep 20152.1%
Jun 20153%
Mar 20154.4%
Dec 20142.6%
Sep 20142.1%
Jun 20140.1%
Mar 2014-1.3%
Dec 2013-1.8%
Sep 2013-1.2%
Jun 20130.7%
Mar 20130.6%
Dec 20120.4%
Sep 20120.5%
Jun 20120.2%
Mar 2012-0.9%
Dec 2011-2.2%
Sep 2011-3.1%
Jun 2011-2.8%
Mar 2011-1.4%
Dec 2010-1%
Sep 2010-1.1%
Jun 2010-4.4%
Mar 2010-5.6%
Dec 2009-3.9%
Sep 2009-2.8%
Jun 2009-2.4%
Mar 2009-2.5%
Dec 2008-2.9%
Sep 2008-2.5%
Jun 2008-1.1%
Mar 20080.1%
Dec 20070.1%
Sep 20070.9%
Jun 20071.2%
Mar 20070.2%
Dec 20060.9%
Sep 20060.2%
Jun 20061.1%
Mar 20063.1%
Dec 20053.3%
Sep 20053.5%
Jun 20055.1%
Mar 20055.9%
Dec 20045.8%
Sep 20046.8%
Jun 20045.6%
Mar 20044.7%
Dec 20035.1%
Sep 20033.5%
Jun 20033.1%
Mar 20033.7%
Dec 20024%
Sep 20024.1%
Jun 20024.4%
Mar 20024.6%
Dec 20014.4%
Sep 20015.1%
Jun 20015.5%
Mar 20014.3%
Dec 20005.9%
Sep 20005%
Jun 20003.9%
Mar 20005.1%
Dec 19993.7%
Sep 19993.6%
Jun 19994.2%
Mar 19993.9%
Dec 19983.2%
Sep 19983.4%
Jun 19984.5%
Mar 19984.5%
Dec 19974.9%
Sep 19975.8%
Jun 19974.2%
Mar 19974.5%
Dec 19963.8%
Sep 19963.8%
Jun 19964.9%
Mar 19967.1%
Dec 19956.5%
Sep 19955.6%
Jun 19957.1%
Mar 19957.4%
Dec 199411.5%
Sep 199411.7%
Jun 19949.9%
Mar 19948.1%
Dec 19934.4%
Sep 19935.4%
Jun 19935%
Mar 19935.3%
Dec 19925.8%
Sep 19925.6%
Jun 19926.9%
Mar 19924.3%
Dec 19914.5%
Sep 19913.5%
Jun 19912.9%
Mar 19914.7%
Dec 19903.3%
Sep 19904.2%
Jun 19903%
Mar 19902.1%
Dec 19892.5%
Sep 19891.6%
Jun 19894.8%
Mar 19894.1%
Dec 19884.2%
Sep 19884.2%
Jun 19881.8%
Mar 19883%
Dec 19873%
Sep 19872.8%
Jun 19871.8%
Mar 19872.9%
Dec 19863.1%
Sep 19862.4%

Source: FHFA house price index; recession dates from NBER · data through Q2 2026

FHFA's all-transactions index for the Green Bay metro area in the second quarter of 2026 was 5.0% above its level a year earlier. Since 1986, prices have risen an average of 4.2% a year. Nationally, prices were 3.0% higher than a year earlier.

Why it matters. Long-run context shows how the latest change in Green Bay home prices compares with the market's own history, including the recessions shaded on the chart. When appreciation slows, sellers have less room for a list price to run ahead of recent sales, and buyers feel less pressure to stretch to keep up; when it speeds up, the reverse holds: list prices can run ahead of recent sales and buyers compete harder.

Price reconciliation

normal · 0.1pp

Redfin (metro)

+4.9%

FHFA HPI · Q2 2026

+5.0%

Year-over-year home-price change from two independent methods — Redfin (sale prices over the last 3 months) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.

More markets in WI

AppletonEau ClaireFond du LacJanesvilleKenoshaLa CrosseMadisonMilwaukeeOshkoshRacineSheboyganWausau

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ZIP-level data

ZIPMedian list priceActive listingsNew listingsPrice reductionsDays on marketHome value
54115$517K↓149↑40↓28↓56↑$426K↑
54301$390K↑95↑32↓12↑59↑$301K↑
54302$270K↓45↓12↑20↑33↑$259K↑
54303$250K↑57↑16↑20↑36↑$254K↑
54304$384K↓104↑32↓20↑36↑$299K↑
54311$470K↓134↑32↑48↑46↑$394K↑
54313$460K↓121↑48↓40↑38↓$416K↑

ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.