Sullivan, WI—53178
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sullivan, WI
As of Oct '25, the median home price in Sullivan, WI is $412,000, with a year-over-year change of 5.3%. This indicates that home prices in Sullivan, WI are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $412,000 | 5.3% |
| Single Family | $412,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sullivan, WI
As of July '25, Rentcast reports the average rent in Sullivan, WI is $1,450, with a year-over-year rent change of 20.8%. Per bedroom, the median rent as of July '25 in Sullivan, WI is 2-bedrooms: $1,450. The most common rental property sizes in Sullivan, WI are 1-bedroom and 2-bedroom, accounting for 41.5% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,450 | $1,450 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sullivan, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Sullivan, WI is 52. This is a increase of 18.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $772,000 | -1.0% |
Listing Count | 7 | 41.0% |
| Listings as % of Homes | 0.2% | 41.0% |
Days on Market | 52 | 18.0% |
Demographics — Sullivan, WI
As of the latest ACS Survey released in 2023, Sullivan, WI has a population of 2,740, which has remained stable by 0.1% over the past 5 years. Sullivan, WI is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,740 | 0.1% |
% Under 18 | 17.9% | 2.3% |
% Seniors | 21.5% | 26.5% |
% WFH | 8.9% | 43.5% |
% w/ College Degree | 23.6% | 3.1% |
As of the latest ACS Survey released in 2023, Sullivan, WI is a predominantly white area, with 96.9% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Sullivan, WI is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.8% of the population in Sullivan, WI, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.9% | 0.5% |
% Black | 0.0% | N/A |
% Hispanic | 1.4% | -6.7% |
% Asian | 0.6% | 500.0% |
% Foreign Born | 0.8% | -20.0% |
Mortgage and Risk — Sullivan, WI
According to HUD data as of 2023, there were 75 mortgage originations in Sullivan, WI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Sullivan, WI. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Sullivan, WI
Sullivan, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | -$220 | $1,450 | $1,230 |
| 3 Bedroom | N/A | N/A | $1,600 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Sullivan, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $412,000 |
| Median Household Income | $94,500 |