Is Sun Prairie, WI 53590 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Sun Prairie is a seller’s market. With about 2.4 months of supply and 39% 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.

Competition score68/ 100

More competitive than 72% of U.S. ZIP codes, and #140 of 319 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.4Under 4 months = seller’s market
Sold above original list38.6%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$224▲ +6.0% vs. last year

The Sun Prairie housing market right now

In the three months ending August 31, 2026, 39% of homes in Sun Prairie, WI 53590 sold above their list price, the typical home went under contract in 49 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 195 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold about as fast and the median sale price held steady to $479,692. Overall, Sun Prairie is less competitive than a year ago, which gives buyers more room.

Within Dane County, homes here sell faster than in 61% of the county’s ZIP codes, and sell more often over asking than in 58%. On our competition score, Sun Prairie ranks #140 of 319 WI ZIP codes with enough sales (score 68 out of 100).

Nearby, buyers who want less competition could look at Blue Mounds 53517 (0% sold over asking) or Cross Plains 53528 (21% sold over asking), while Dane 53529 (67% sold over asking) and Madison 53715 (63% sold over asking) are even more competitive.

Nearby markets

Belleville 53508Seller’s market $230 /sq ftBlack Earth 53515Balanced $218 /sq ftBlue Mounds 53517Buyer’s market $193 /sq ftCambridge 53523Buyer’s market $219 /sq ft Browse all markets →

Where Sun Prairie is

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Questions about Sun Prairie real estate

Is Sun Prairie a buyer’s or seller’s market?

A seller’s market: there were 2.4 months of supply in Sun Prairie, WI 53590 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 Sun Prairie?

The typical home went under contract in 49 days in the latest three months.

Do homes in Sun Prairie sell over asking?

39% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in Sun Prairie?

About 1.63% of a home’s value a year in Dane County, or roughly $6,520 on a $400,000 home.

What is the median home price in Sun Prairie?

The median sale price was $479,692 in the three months ending August 31, 2026, about $224 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