$110,000
0.76 Acres
Land
#1989611, Wyatt Gaber, Listing Office: Stark Company, REALTORS
Is Sun Prairie, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
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.
Housing Prices in Sun Prairie, WI
How much do homes in Sun Prairie, WI cost?
Median Sold Price
$431,600
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,000(+7.7%)
Key Takeaway
Homes in Sun Prairie have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Sun Prairie was $431,600 in October 2024, up 7.7% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $177K | -11.5% |
| 2 Bedrooms | $295K | $299.9K | +1.7% |
| 3 Bedrooms | $382K | $412.7K | +8.0% |
| 4 Bedrooms | $490K | $513K | +4.7% |
| 5+ Bedrooms | $575K | $622K | +8.2% |
Summary: Sun Prairie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 8.2%.
Housing Supply in Sun Prairie, WI
How many homes are available in Sun Prairie, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 160 | 158 | -1.3% |
Summary: The Sun Prairie real estate market had 158 homes for sale in October 2024, a 1.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 18 | -21.7% |
| 3 Bedrooms | 69 | 70 | +1.4% |
| 4 Bedrooms | 52 | 58 | +11.5% |
| 5+ Bedrooms | 16 | 12 | -25.0% |
Summary: The Sun Prairie housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 38 | -9.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sun Prairie, you could pay more than the asking price. 44.7% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in Sun Prairie in October 2024, down by 9.5% month-over-month. Of the 38 sold homes, 34% were sold under asking, 21% were sold at asking, and 45% 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
