Is Sun Prairie, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Sun Prairie has remained a Seller's Market.
Housing Prices in Sun Prairie, WI
How much do homes in Sun Prairie, WI cost?
Median Sold Price
$416,866
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sun Prairie was $416,866 in May 2024, up 22.6% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195.5K | $177K | -9.5% |
2 Bedrooms | $242K | $306K | +26.4% |
3 Bedrooms | $345K | $402.9K | +16.8% |
4 Bedrooms | $496.5K | $502.5K | +1.2% |
5+ Bedrooms | $535K | $615K | +15.0% |
Summary: Sun Prairie housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 15%.
Housing Supply in Sun Prairie, WI
How many homes are available in Sun Prairie, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
186 | 203 | +9.1% |
Summary: The Sun Prairie real estate market had 203 homes for sale in May 2024, a 9.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 88 | 94 | +6.8% |
4 Bedrooms | 57 | 71 | +24.6% |
5+ Bedrooms | 24 | 23 | -4.2% |
Summary: The Sun Prairie housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 52 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Sun Prairie in May 2024, the same as the previous month. Of the 52 sold homes, 23% were sold under asking, 19% were sold at asking, and 58% were sold over asking.
Days on Market for Sun Prairie, WI
We’re sorry, we don't have information for this market at the moment