Commercial Real Estate Market in Green Bay, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
352 active listings and 4,171 off-market properties in Green Bay, WI. Commercial property asks $79/SF to buy and $14.35/SF/Yr to lease.
Market Trends
Green Bay, WI spans 202.2 square miles in Brown County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Green Bay, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Green Bay, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Green Bay, WI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Green Bay, WI asks $165/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Green Bay, WI has 192,269 residents in 83,192 households. Density runs 951 people per square mile. Median household income here is $76,520 and median gross rent $976 a month.
192,269
Population
83,192
Households
2.3
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
202.2 sq mi
ZIP Area
951
Density / Sq Mi
$76,520
Median Household Income
$44,153
Median Earnings
$976
Median Rent
$224,966
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Allouez | — | — |
| Bellevue | — | — |
| Howard | — | — |
| Ashwaubenon | — | — |
Commercial property in Green Bay, WI asks $79/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Green Bay?
Commercial property in Green Bay, WI asks an average of $79 per square foot. The 5 most recent recorded sales traded at a median of $191/SF. Multifamily carries the highest asking price at $165/SF.
How much does it cost to lease commercial space in Green Bay?
Asking lease rates in Green Bay, WI average $14.35 per square foot per year.
Where does Realmo's Green Bay market data come from?
Realmo compiles Green Bay, WI figures from 8 recent recorded sales, 300 active sale listings, 52 active lease listings, 4,171 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 300 active for-sale and 52 active for-lease listings in Green Bay, WI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
