Sun Prairie, WI 53590 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Sun Prairie, WI—53590

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$432,000

2.4% YoY Growth

Household Income

$96,500

28.2% YoY Growth

Days on Market

14.0% Shorter YoY

Home Price Forecast

2.0%

Median Rent

$1,400

12.8% YoY Growth

1-Bed Rent

$1,400

21.5% YoY Growth

2-Bed Rent

$1,400

18.8% YoY Growth

3-Bed Rent

$2,400

0.4% YoY Growth

Home Price Trends — Sun Prairie, WI

As of Dec '25, the median home price in Sun Prairie, WI is $432,000, with a year-over-year change of 2.4%. This indicates that home prices in Sun Prairie, WI are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$432,000	2.4%
Single Family	$452,000	2.5%
Condos	$307,000	1.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Sun Prairie, WI

As of July '25, Rentcast reports the average rent in Sun Prairie, WI is $1,670, with a year-over-year rent change of 12.8%. Per bedroom, the median rent as of July '25 in Sun Prairie, WI is studios: $1,240, 1-bedrooms: $1,300, 2-bedrooms: $1,520, 3-bedrooms: $2,300, 4-bedrooms: $2,930. The most common rental property sizes in Sun Prairie, WI are 2-bedroom and 1-bedroom, accounting for 44.9% and 28.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,670
Studio Rent	$1,260	$1,240
1 Bed Rent	$1,400	$1,300
2 Bed Rent	$1,400	$1,520
3 Bed Rent	$2,400	$2,300
4 Bed Rent	$2,850	$2,930

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% of Rental Stock

Studio

10.2%

1 Bedroom

28.5%

2 Bedrooms

44.9%

3 Bedrooms

12.8%

4 Bedrooms

2.8%

5+ Bedrooms

0.7%

Property Listings — Sun Prairie, WI

As of Dec '25, Realtor.com reports that the median days on market for a home in Sun Prairie, WI is 40. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$555,000	15.0%
Listing Count	97	15.0%
Listings as % of Homes	0.3%	15.0%
Days on Market	69	-14.0%

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Demographics — Sun Prairie, WI

As of the latest ACS Survey released in 2023, Sun Prairie, WI has a population of 44,000, which has increased by 9.7% over the past 5 years. Sun Prairie, WI is a popular place for families, as children make up 25.4% of the population. The area has a highly educated workforce, with 51.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	44,000	9.7%
% Under 18	25.4%	-4.5%
% Seniors	14.3%	9.2%
% WFH	18.7%	306.5%
% w/ College Degree	51.6%	15.7%

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As of the latest ACS Survey released in 2023, Sun Prairie, WI is a predominantly white area, with 76.9% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Sun Prairie, WI is asian, making up 7.1% of the population. Foreign-born residents account for 7.5% of the population in Sun Prairie, WI, and this percentage has increased by 1.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	76.9%	-2.2%
% Black	7.0%	-4.1%
% Hispanic	4.2%	-28.8%
% Asian	7.1%	34.0%
% Foreign Born	7.5%	1.4%

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Mortgage and Risk — Sun Prairie, WI

According to HUD data as of 2023, there were 1346 mortgage originations in Sun Prairie, WI, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Sun Prairie, WI. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	1,346
% Conventional Loans	94.0%
% Government Loans	6.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Sun Prairie, WI

As of 2024, the percent of homes in Sun Prairie, WI under the Section 8 program is 6.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Sun Prairie, WI, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	454
Total Units Section 8	426
% Rentals under Section 8	6.9%
% Occupied Section 8	82.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$120	$1,400	$1,280
2 Bedroom	$70	$1,400	$1,470
3 Bedroom	-$470	$2,400	$1,930
4 Bedroom	-$690	$2,850	$2,160

Sun Prairie, WI—53590

Key Metrics at a Glance

Home Price Trends — Sun Prairie, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sun Prairie, WI

% of Rental Stock

Property Listings — Sun Prairie, WI

Demographics — Sun Prairie, WI

Race and Ethnicity

Mortgage and Risk — Sun Prairie, WI

Mortgages

Rentals and Section 8 — Sun Prairie, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Sun Prairie, WI

Home Price to Income Ratio

Sun Prairie, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Door Creek, Madison, WI

De Forest, WI

Windsor, WI

Medina, WI

Cottage Grove, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$432,000
Median Household Income	$96,500

Sun Prairie, WI—53590

Key Metrics at a Glance

Home Price Trends — Sun Prairie, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sun Prairie, WI

% of Rental Stock

Property Listings — Sun Prairie, WI

Demographics — Sun Prairie, WI

Race and Ethnicity

Mortgage and Risk — Sun Prairie, WI

Mortgages

Rentals and Section 8 — Sun Prairie, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Sun Prairie, WI

Home Price to Income Ratio

Sun Prairie, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Door Creek, Madison, WI

De Forest, WI

Windsor, WI

Medina, WI

Cottage Grove, WI

Frequently Asked Questions

What is the average home price in Sun Prairie, WI 53590?

How have home prices in Sun Prairie, WI 53590 changed over the past year?

What is the home price projection for Sun Prairie, WI 53590?

What are the demographics of Sun Prairie, WI 53590?

How long does it take homes to sell in Sun Prairie, WI 53590?

What is the average rent price in Sun Prairie, WI 53590?