Sunset Village, Madison, WI—53705
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sunset Village, Madison, WI
As of Oct '25, the median home price in Sunset Village, Madison, WI is $540,000, with a year-over-year change of 5.0%. This indicates that home prices in Sunset Village, Madison, WI are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $540,000 | 5.0% |
| Single Family | $587,000 | 5.6% |
| Condos | $247,000 | 2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $240,000 | 4.3% |
2 Bed | $393,000 | 5.6% |
3 Bed | $542,000 | 5.4% |
4 Bed | $693,000 | 6.1% |
| 5 Bed | $809,000 | 5.8% |
% of Housing Stock
Rental Trends — Sunset Village, Madison, WI
As of July '25, Rentcast reports the average rent in Sunset Village, Madison, WI is $1,930, with a year-over-year rent change of 9.0%. Per bedroom, the median rent as of July '25 in Sunset Village, Madison, WI is studios: $1,250, 1-bedrooms: $1,330, 2-bedrooms: $1,640, 3-bedrooms: $4,390, 4-bedrooms: $4,380. The most common rental property sizes in Sunset Village, Madison, WI are 2-bedroom and 1-bedroom, accounting for 47.0% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,930 |
| Studio Rent | $1,100 | $1,250 |
| 1 Bed Rent | $1,220 | $1,330 |
| 2 Bed Rent | $1,600 | $1,640 |
| 3 Bed Rent | $2,800 | $4,390 |
| 4 Bed Rent | $4,250 | $4,380 |
% of Rental Stock
Property Listings — Sunset Village, Madison, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Sunset Village, Madison, WI is 47. This is a decrease of -9.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $507,000 | -5.0% |
Listing Count | 63 | 44.0% |
| Listings as % of Homes | 0.2% | 44.0% |
Days on Market | 47 | -9.0% |
Demographics — Sunset Village, Madison, WI
As of the latest ACS Survey released in 2023, Sunset Village, Madison, WI has a population of 25,000, which has remained stable by -0.5% over the past 5 years. Sunset Village, Madison, WI is a moderately popular place for families, as children make up 17.0% of the population. The area has a highly educated workforce, with 75.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,000 | -0.5% |
% Under 18 | 17.0% | -3.4% |
% Seniors | 17.5% | 4.8% |
% WFH | 19.9% | 226.2% |
% w/ College Degree | 75.3% | -2.1% |
As of the latest ACS Survey released in 2023, Sunset Village, Madison, WI is a predominantly white area, with 70.8% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Sunset Village, Madison, WI is asian, making up 13.9% of the population. Foreign-born residents account for 19.2% of the population in Sunset Village, Madison, WI, and this percentage has decreased by 10.3% 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 | 70.8% | 2.2% |
% Black | 2.3% | -36.1% |
% Hispanic | 7.1% | 14.5% |
% Asian | 13.9% | -15.8% |
% Foreign Born | 19.2% | -10.3% |
Mortgage and Risk — Sunset Village, Madison, WI
According to HUD data as of 2023, there were 423 mortgage originations in Sunset Village, Madison, WI, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Sunset Village, Madison, WI. Investor activity is low, as 2.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 423 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Sunset Village, Madison, WI
As of 2024, the percent of homes in Sunset Village, Madison, WI under the Section 8 program is 3.8%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Sunset Village, Madison, WI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 267 |
Total Units Section 8 | 247 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 90.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $1,220 | $1,320 |
| 2 Bedroom | -$90 | $1,600 | $1,510 |
| 3 Bedroom | -$820 | $2,800 | $1,980 |
| 4 Bedroom | -$2,030 | $4,250 | $2,220 |
Affordability — Sunset Village, Madison, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $540,000 |
| Median Household Income | $82,300 |