Green Bay housing market

Buyer's marketGreen Bay, WI metro areaData through Sep 2026
Typical home value
$346K
▲ 5.4% 1 yr
Typical rent
$1,119/mo
▲ 3.8% 1 yr
12-month forecast
+5.2%
#7 of 546 metros
Gross rent yield
3.9%
#518 of 546 · U.S. 6.3%
Days to pending
56 days
▲ +5 days 1 yr
Listings with a price cut
17%
▲ +2.9 pts 1 yr

Key takeaways

  • 1The typical home is worth $346,366, up 5.4% in a year and up 39% over five years.
  • 2Zillow forecasts home values rising 5.2% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,119/mo (+3.8% YoY), a 3.9% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,903/mo in principal and interest, $784 more than renting.
  • 5Homes go under contract in 56 days (+5 days vs last year); 17% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 39/100, #296 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $346K
$177K$229K$282K$335K2016201920222025
Typical monthly rent
Latest $1,119
$806$905$1,004$1,103202120232025

How fast homes are selling

Days to go under contract
Latest 56
4563819920182020202220242026
Share of listings with a price cut
Latest 17.1%
4.8%8.8%12.7%16.6%20182020202220242026
Homes for sale vs new listings
Latest 1,279
For saleNew listings
2938451,3981,95020182020202220242026
Share of homes sold above list price
Latest 50.7%
27.3%42.9%58.4%74.0%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $98K
To buy (20% down)To rent
$36K$55K$75K$94K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Green Bay compares

MeasureGreen BayUnited StatesRank of 546
Home value, 1-yr change+5.4%+1.2%#52
Home value, 5-yr change+39.4%+19.7%
12-month forecast+5.2%+1.1%#7
Rent, 1-yr change+3.8%+2.7%#219
Gross rent yield3.9%6.3%#518
Price-to-rent ratio25.815.8
Mortgage P&I on typical home$1,903$2,012
Income needed to buy$98,230$100,902
Days to pending5656

Cities in the Green Bay metro

1 cities with home value and rent data.

Green Bay$286K▲ 5.1%$1,088▲ 5.0%4.6%

Run the numbers

Other Wisconsin metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.