Sun Prairie Wisconsin Real Estate Market Update
$431K median price • 14 median days on market • 2.13 months of supply
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Sun Prairie Wisconsin Housing Market Analysis – October 2025
Quick Market Facts
Hyper-Local Market Overview
Still tight, a touch slower than spring: Inventory edged up to 2.13 months with a 14-day median DOM. That’s firm seller leverage, but buyers have slightly more breathing room than peak season.
Price mix and demand: Median price printed at $431K (+1.4% YoY) while the average was $415,167 (–3.0% YoY), signaling more transactions in mid-price bands and fewer upper-tier outliers this month.
Activity snapshot: Prior month closings totaled 37 (–33.9% YoY). New supply and demand softened month-over-month with 50 new listings and 40 new pendings. Active listings at the Oct 1 snapshot were 108.
Sun Prairie Market Geography
Primary Coverage Area: Sun Prairie, Wisconsin (53590)
Extended Service Area: Madison metro and greater Dane County
Current Market Conditions & Trends
- Seller leverage persists at 2.13 months of supply, but buyers can negotiate on homes lingering past two weeks.
- Average sale price dipped as luxury activity cooled; mid-band homes remain the velocity leaders.
- Average sale-to-list ran ~1% below list (–0.97%), a nudge toward balanced negotiation.
- Year-to-date (Jan 1–Oct 1): 477 sales, with YTD median at $431K and YTD average at $461,784 (avg $/sqft $224).
Sun Prairie vs. Nearby Communities – Price Comparison
*Recent benchmarks; latest local MLS releases may vary by month.
New Listings & Market Activity
Big Picture: Rates & Competition
As affordability nudges buyers to be selective, modest rate relief can quickly translate into stronger weekend traffic and tighter multiple-offer pockets—especially for homes priced right and prepped well.
Integrity Homes’ view: In a seller-leaning market at ~2.13 months, a small dip in rates often lifts demand first, not supply. Expect sharper competition on the best-located and best-prepped listings.
Market Forecast & Buyer/Seller Recommendations
Sun Prairie Outlook
Expect steady seller advantage into late fall. With 2.13 months of supply and 14-day median DOM, well-prepped, correctly priced properties should continue to move efficiently. Homes that lag two-plus weeks should reassess pricing/condition.
What Sellers Need to Know
- Win the first 14 days: That’s the window where the market pays the most. Hit the market turnkey and price inside the lane buyers are searching.
- Leverage showing feedback fast: If traffic is soft by weekend two, adjust (price, paint, lighting, landscaping) before staleness sets in.
- Flexible terms = leverage: With sale-to-list near -1% on average, occupancy flexibility and pre-inspection can still draw strong offers.
What Buyers Need to Know
- Be offer-ready: Pre-underwrite, know your payment bands, and set “go/no-go” criteria. Attractive homes still go quickly.
- Hunt the edges: If you’re at a crowded price point, look just above/below to reduce bidding friction.
- Negotiate strategically: With averages closing ~1% under list, target listings past 14 DOM for credits or modest price improvements.
Frequently Asked Questions
For Home Buyers in Sun Prairie, WI
Aim for a DTI under 43% and get fully pre-approved to lock a rate. Budget 2–5% for closing costs. With 2.13 months of supply and a 14-day median on market, underwriting early and comparing multiple lenders (including buydown options) improves your odds.
Average sale-to-list this month ran just under list (–0.97%), opening the door for credits on longer-DOM homes.
If you're financially ready, buying now can make sense; you can refinance later if rates fall. A rate cut may bring more buyers off the sidelines, increasing competition; inventory sits at 2.13 months with homes selling in about two weeks at the median.
Focus on homes that have crossed the 14–21 DOM window for stronger negotiation leverage.
Minimums: 3% conventional, 3.5% FHA, 0% VA/USDA if eligible. Many first-time buyers use assistance. Qualifying buyers—veterans, first responders, teachers, healthcare workers—can explore Reward Our Heroes for added benefits.
With a $431K median, a 20% down payment is ~$86K—but plenty of buyers succeed with less using credits and assistance.
Move-in-ready homes with updated kitchens/baths, energy-efficient upgrades, home office space, and good access to parks and schools remain top priorities.
Modernized systems and a clean inspection report are outperformers as buyers compare monthly payment to ownership risk.
It leans seller-favorable with 2.13 months of supply. Expect competition on well-priced homes; succeed with full underwriting, clean contingencies, and flexible possession terms.
Target properties past 14 DOM for improved terms or credits.
For Home Sellers in Sun Prairie, WI
Use recent comps (last 60–90 days) and price to capture the first two weeks of activity. In a 2.13-month market, turnkey + right price = fast results.
Average price softness this month reflects mix, not necessarily value erosion—know your micro-comp set.
Given 2.13 months of supply and healthy demand, now remains a strong window. Seasonal shifts are mild when homes are prepped and priced right.
If rates adjust lower, expect buyer traffic to tick up—and well-prepped listings to benefit first.
Focus on high-ROI refreshes: paint, lighting, landscaping, and punch-list items. Stage to highlight light, storage, and floor plan.
Consider a pre-inspection and flexible occupancy terms to maximize offer quality.
Median time to accepted offer is about 14 days (average ~33). If you’re not seeing strong activity by weekend two, recalibrate pricing/condition.
Best-in-class prep and competitive pricing win attention fastest.
Budget 6–10% of sale price for total selling costs (brokerage, title/transfer, minor repairs, staging). Many sellers qualify for primary residence tax exclusions—consult your tax professional.
In this market, clean, flexible terms can reduce concessions and protect your net.