Green Bay, WI - House Price Index (HPI)
Green Bay Real Estate Market Forecast
The House Price Index (HPI) shows changes in Green Bay, WI single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis, statistics
and appreciation rates are provided below.
Green Bay Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  2627.56
3rd Quarter, 2018 Housing Statistics: Green Bay, Wisconsin


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      89%

LittleBigHomes.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Green Bay housing market for the 12
months ending with the 3rd Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Green Bay is 89%. In other words, when tested against historical
data, the forecasting methodology was correct 89% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Green Bay is 89% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2019 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Green Bay
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      85%

The forecast for the trend in the Green Bay housing market for the 3 years
ending with the 3rd Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Green Bay is 85%. In other words, when tested against historical
data, the forecasting methodology was correct 85% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Green Bay is 85% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2021 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Green Bay
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: Green Bay, Wisconsin


Historical Home Price Appreciation
Last Quarter                                     1.91%
Last Year . . . . . . . . . . . . . . . . . . . .  6.4%
Last 5 Years                                     26%
Last 10 Years . . . . . . . . . . . . . . . . . 16%
Last 20 Years                                   56%



Annual Home Price Appreciation Rates
1988      4.29%
1989      2.41%
1990      3.46%
1991      4.41%
1992      5.85%
1993      4.42%
1994      11.59%
1995      6.40%
1996      3.81%
1997      4.91%
1998      3.22%
1999      3.61%
2000      5.90%
2001      4.41%
2002      3.96%
2003      5.04%
2004      5.79%
2005      3.28%
2006      0.91%
2007      0.09%
2008      -2.90%
2009      -3.88%
2010      -1.12%
2011      -2.13%
2012      0.39%
2013      -1.85%
2014      2.69%
2015      3.62%
2016      4.49%
2017      6.08%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.91%         Rank: 148 of 381 (61st Percentile)
Last Year  . . . . . . . . . . . . . . . .  6.4%           Rank: 179 of 381 (53rd Percentile)
Last 5 Years                              26%            Rank: 170 of 381 (55th Percentile)
Last 10 Years  . . . . . . . . . . . .   16%            Rank: 196 of 381 (48th Percentile)
Last 20 Years                            56%            Rank: 300 of 379 (20th Percentile)


The change in home prices for Green Bay, WI are shown above for five time
periods. For example: Green Bay appreciated 1.91% in the Last Quarter. At
that rate, the Green Bay Real Estate Market was ranked 148th out of 381
metropolitan Real Estate Markets. Green Bay was in the 61st percentile. So
Green Bay, WI performed better in the Last Quarter than 61% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: Green Bay, Wisconsin

The all time high in the Green Bay Home Price Index was 186.0 in the 3rd
Quarter, of 2018.  The Home Price Index indicates that the Green Bay Market is
up 16% over the last 10 years. Home prices in the Green Bay Real Estate
Market have gained 6.37% over the last 12 months. Over the last thirty years, it
is up 155%.

The 3rd Quarter index value was 3.48 points higher than the 2nd Quarter, 2018
index value of 182.52, resulting in a 1.91% rise in the 3rd Quarter for the Green
Bay Market.

The Green Bay Home Price Index has increased for the last 3 consecutive
quarters. The current record holders for consecutive increases in the Home
Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with increases in
the last 29 consecutive quarters. The current record holders for consecutive
declines in the Home Price Index are Winchester, VA; Trenton, NJ; Peoria, IL;
Great Falls, MT and Fayetteville, NC, with declines in the last 2 consecutive
quarters.

The highest annual change in the value of houses in the Green Bay Real
Estate Market was 12% in the twelve months ended with the 3rd Quarter of
1994. The worst annual change in home values  in the Green Bay Market was
-6% in the twelve months ended with the 1st Quarter of 2010.

The highest growth in home values in the Green Bay Real Estate Market over a
three year period was 24% in the three years ended with the 3rd Quarter of
1995. The worst performance over a three year period in the Green Bay Market
was -9% in the three years ended with the 2nd Quarter of 2011.

This page provides a long term graph of the Green Bay Home Price Index
(above). For information about Wisconsin home values, click Real Estate
Market Forecasts in the navigation bar at the top of this page.  You'll see long
term charts and analysis that will provide tremendous insight into the historical
trends of residential property values. Bookmark this page! Then
LittleBigHomes.com's detailed research and statistics about Green Bay Home
Prices will be at your fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Green Bay Market. The terms House Price Index and Home Price Index, as
used in this site, refer to the Federal Housing Finance Agency (FHFA) House
Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Green Bay Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
3rd Quarter, 2018 Housing Data: Green Bay, Wisconsin

The trend of Green Bay Home Prices relative to 380 other metropolitan areas is
detailed below. Each metropolitan area contains one or more cities. Five
different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period.

Last Quarter:
During the 3rd Quarter of 2018, Green Bay Home Prices had a rank of 148,
with appreciation of 1.91%. The top performing real estate market during the
3rd Quarter was Sumter, SC, with a rise of 13.55%. The worst market during
that period was Cumberland, MD, with appreciation of -5.75%.
The median for all cities during the 3rd Quarter was 1.57%. The average for all
markets during the quarter was 1.54%.

Last Year:
During the last 12 months, Green Bay Home Prices had a rank of 179, with
appreciation during the year of 6.37%. The top performing market during the
last year was Las Vegas, NV, with an increase of 18.1%. The worst real estate
market during that period was Cumberland, MD, with appreciation of -5.6%.
The median for all markets during this period was 6.14%. The average was
6.07%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2018, Green Bay Home Prices
ranked 170, with a total appreciation of 26.1%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 81%.
The worst market during that period was Jacksonville, NC, with appreciation of
-2%.
The median for all cities during this time period was 24%. The average over the
5 years was 28%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2018, Green Bay Home Prices
had a rank of 196, with appreciation during the decade of 16%. The top
performing market during the period was Denver, CO, with a rise of 83%. The
worst real estate market during the 10 year time period was Vineland, NJ, with
appreciation of -19%.
The median for all markets during the last 10 years was 18%. The average for
the cities over that time frame was 20%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2018, Green Bay Home Prices
had a rank of 300, with total growth over the 20 year period of 56%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 289%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 21%.
The median for all cities during the last 20 years was 83%. The average for the
markets over that time frame was 92%.

Historical research data on the Home Price Index for the Green Bay Real Estate
Market is available back to the 3rd Quarter, of 1985. All calculations are based
on the quarterly value of the House Price Index for Green Bay. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Saturday, December 29, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.





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