Is Sullivan, WI 53178 a buyer’s or seller’s market?
Sullivan is a seller’s market. With about 0.5 months of supply and 57% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Sullivan housing market right now
In the three months ending August 31, 2026, 57% of homes in Sullivan, WI 53178 sold above their list price, the typical home went under contract in 40 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold faster (63 days then) and the median sale price rose 8% to $499,784. Overall, Sullivan is more competitive than a year ago, so tougher for buyers.
Within Jefferson County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 89%.
Nearby, buyers who want less competition could look at Lake Mills 53551 (28% sold over asking) or Waterloo 53594 (29% sold over asking), while Helenville 53137 (60% sold over asking) is even more competitive.
Run the numbers for 53178
Nearby markets
Fort Atkinson 53538Seller’s market $201 /sq ftHelenville 53137Seller’s market $251 /sq ftIxonia 53036Balanced $200 /sq ftJefferson 53549Seller’s market $207 /sq ft Browse all markets →Towns like Sullivan nearby
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Questions about Sullivan real estate
Is Sullivan a buyer’s or seller’s market?
A seller’s market: there were 0.5 months of supply in Sullivan, WI 53178 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Sullivan?
The typical home went under contract in 40 days in the latest three months.
Do homes in Sullivan sell over asking?
57% of homes sold above their original list price, and the typical sale closed at 103.1% of the list price.
What are property taxes in Sullivan?
About 1.46% of a home’s value a year in Jefferson County, or roughly $5,840 on a $400,000 home.
What is the median home price in Sullivan?
The median sale price was $499,784 in the three months ending August 31, 2026, about $239 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology