Is Sun Prairie, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sun Prairie is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Sun Prairie has remained a Seller's Market.

Key Takeaway

Sun Prairie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Sun Prairie, WI cost?

Median Sold Price

$315,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$93,550(+42.2%)

Key Takeaway

Homes in Sun Prairie have sold for 42.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $180K$176.9K
-1.7%
2 $202K$235K
+16.3%
3 $233K$319K
+36.9%
4 $215K$439.9K
+104.6%
5+ $296K$598.5K
+102.2%

How many homes are available in Sun Prairie, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
142146+2.8%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 1111
0.0%
3 6973
+5.8%
4 4950
+2.0%
5+ 1312
-7.7%

Number of Homes Sold

Mar 2022Apr 2022%
4050+25.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sun Prairie, you could pay more than the asking price. 66% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Sun Prairie, WI

Homes for sale in Sun Prairie, WI have reached 146. The number of homes for sale in Sun Prairie, WI increased by 2.8% between March 2022 and April 2022. Real estate listing prices changed between March 2022 and April 2022: prices of 1 bedroom properties went down by 1.7%, prices of 2 bedrooms properties increased by 16.3%, prices of 3 bedrooms properties went up by 36.9%, prices of 4 bedrooms properties went up by 104.6%, prices of 5 bedrooms properties went up by 102.2%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, 2 bedrooms homes did not move, volume of 3 bedrooms homes went up by 5.8%, number of 4 bedrooms homes increased by 2%, 5 bedrooms homes inventory decreased by 7.7%. In April 2022, from all listings sold in Sun Prairie, WI there were more than 33 sold above asking price, over 8 sold below and more than 9 were sold right at the asked price.

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