Sun Prairie, Wisconsin Housing Market Prices
Sun Prairie Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 81% below the Wisconsin median$32,621
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Median rent 32% above the Wisconsin median$1,434
Housing Market Overview
| Metric | Sun Prairie | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $32,621 | $170,479 | $248,835 |
| Price Trend (Annual %) | 8.8% | 4.2% | 7.5% |
| Median Gross Rent | $1,434 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sun Prairie is about 81% lower than in Wisconsin. Rent is about 32% higher than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Sun Prairie, up about 8.8% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Sun Prairie rose about 49.0% between 2015 and 2024, from $962 to $1,434. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 0.4 yearly household incomes in Sun Prairie.
Buying the median-priced home in Sun Prairie costs roughly 1.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Sun Prairie. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Sun Prairie | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $32,621 | $170,479 | $248,835 |
| Median Household Income | $86,667 | $77,698 | $80,455 |
| Price-to-Income Ratio | 0.4 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Sun Prairie fell about 82.0%, while median household income rose about 43.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Sun Prairie | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.4% | 60.5% | 58.5% |
| Rental Rate | 41.7% | 28.7% | 31.2% |
| Vacancy Rate | 1.9% | 10.8% | 10.2% |
| Median Tenure (years) | 11.0 | 16.0 | 15.0 |
| Median Year Moved In | 2015 | 2010 | 2011 |
Sun Prairie has a homeownership rate of 56.4%, lower than the Wisconsin average of 60.5%. Its housing vacancy rate is 1.9%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Sun Prairie | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.33 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1993 | 1974 | 1978 |
| Median Number of Rooms | 5.5 | 5.6 | 5.5 |
The typical housing unit in Sun Prairie was built around 1993. On average, 2.3 people live in a home with about 5.5 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Sun Prairie, Wisconsin.
What is the median home price in Sun Prairie, Wisconsin?
The median home price in Sun Prairie, Wisconsin is $32,621, lower than the Wisconsin average of $170,479.
What is the average home price in Sun Prairie, Wisconsin?
The typical home price in Sun Prairie, Wisconsin, reported as the median sale price, is $32,621. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Sun Prairie, Wisconsin?
The median gross rent in Sun Prairie, Wisconsin is $1,434 per month, higher than the Wisconsin average of $1,087.
What was the median gross rent in Sun Prairie in 2020?
In 2020, the median gross rent in Sun Prairie, Wisconsin was $1,134 per month.
What is the price-to-rent ratio in Sun Prairie, Wisconsin?
The price-to-rent ratio in Sun Prairie, Wisconsin is about 1.9, meaning it would take roughly 1.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Sun Prairie.
Are home prices or rent rising faster in Sun Prairie, Wisconsin?
Both home prices and rent are rising in Sun Prairie, up about 8.8% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Sun Prairie, Wisconsin?
56.4% of households in Sun Prairie, Wisconsin own their home, lower than the Wisconsin average of 60.5%.
What is the vacancy rate in Sun Prairie, Wisconsin?
The housing vacancy rate in Sun Prairie, Wisconsin is 1.9%, lower than the Wisconsin average of 10.8%.
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