Green Bay, WI 54311 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's $367,000 median sold price serves as the primary indicator of realized market value and recent transaction activity for SFR and condo properties in ZIP 54311; the gap between the $367,000 median sold price and the $584,900 median listing price suggests meaningful pricing friction between seller expectations and completed sales.
2. Given the $367,000 median sold price, observed market velocity appears slow: the 310 median days on market points to extended time to contract and slower sales velocity, which may indicate that sellers need to temper asking prices or offer concessions to reach buyers.
3. The $264 median price per square foot anchors unit pricing assumptions for valuation and underwriting; combined with a $367,000 median sold price, this suggests buyers and appraisers should prioritize comparables tightly matched by size and condition to avoid appraisal compression.
4. Macroeconomic and rental context: the market-level indicators show price trends and rents are rising (up for price and rent year-over-year trends), market temperature is neutral, and interest rate pressure is moderate—notably, Current 30-year fixed mortgage rates in Green Bay, WI, are averaging 6.6%, which may constrain buyer purchasing power and supports a cautious approach to pricing and hold vs. sell decisions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.