In December 2023, home prices in the United States increased 3.7 percent compared to last year, reaching a median price of $403,164, according to recent data from Redfin.
According to a recent report by Zumper on rent prices, the average cost of rent in Green Bay has remained steady at $895 from December 2022 to December 2023.
Here in Wisconsin, home prices increased by 6.6 percent compared to last year, with a median selling price of $306,900.
Here in Wisconsin, home prices increased by 6.0 percent compared to last year, with a median selling price of $297,100.
To many people, the image of a nuclear family in a stand-alone house with a green lawn and white picket fence still represents a fulfillment of the American dream.
To address its growing shortage of affordable housing, Wisconsin needs to build 120,000 additional rental units, Elmer Moore Jr., CEO of the Wisconsin Housing and Economic Development Authority (WHEDA), told an Assembly committee at a public hearing Thursday.
Housing costs, including rental prices, are on the path to stabilizing but evidence of this won’t show up in inflation measures anytime soon, economists say.
The average rent nationwide for a one-bedroom home is $1,105 per month and $1,342 for a two-bedroom home.
Governor Tony Evers has announced a new fund for the development of affordable housing throughout the state of Wisconsin.