Green Bay, WI home prices and housing market

The story in Green Bay right now is steady demand meeting a fairly tight market. The typical home is worth about three hundred three thousand dollars, and that value is up around 6 percent over the past year. That is real appreciation, not a market cooling off. Homes are selling in about thirty-three days, so buyers are not sitting on their hands. There are around 511 homes for sale, and only about 214 new listings came on this month, so fresh supply is thin. Just under ten percent of listings have cut their price, which tells you most sellers are getting close on price the first time. The median list price sits near three hundred forty-two thousand dollars, above that typical value, which reflects the pricier homes moving now. For a homeowner here, the message is simple. Priced right, your home should draw interest quickly. This is still a seller's market, but a fast one, so buyers will notice if you overreach. Come in near the comps and you should not sit long.