Green Bay, WI 54311 Real Estate Market Report

ZIP Code: 54311
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Green Bay, WI is characterized by a median sold price of $368,950, reflecting a stable market where recent transactions indicate ongoing buyer interest. The neighborhood has increased 0% since 2023, suggesting a period of price stability. While the median listing price stands at $622,400, the significant gap between listing and sold prices may indicate some pricing friction as sellers adjust expectations to align with buyer willingness to pay.

The market exhibits moderate sales activity with median days on market at 274 days, indicating slower transaction velocity. This extended timeframe for sales may suggest that buyers have more time to evaluate their options compared to previous years. Additionally, the current inventory conditions reveal elevated inventory levels, which could lead to a more balanced market as buyers navigate their choices in a neutral market temperature.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $368,950 indicates a stable market with no recent price increase since 2023, suggesting flat conditions.

2. With a median listing price of $622,400, there is a notable gap between asking and sold prices, which may create pricing friction for sellers.

3. The median days on market of 274 days reflects a slower sales velocity, indicating that buyers are taking their time in decision-making.

4. The market temperature is currently neutral, suggesting a balanced environment where supply and demand are relatively aligned.

5. Elevated inventory levels may provide buyers with more options, potentially leading to moderate competition among listings.

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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.