Home Values

Town of Sun Prairie Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$194,500

  • 3.6% 1-year change
  • 1.7% 1-year forecast

The median home value in Town of Sun Prairie is $194,500. Town of Sun Prairie home values have gone up 3.6% over the past year and Zillow predicts they will rise 1.7% within the next year. The median list price per square foot in Town of Sun Prairie is $107, which is lower than the Madison Metro average of $139. The median price of homes currently listed in Town of Sun Prairie is $209,900 while the median price of homes that sold is $204,100. The median rent price in Town of Sun Prairie is $1,000.

Foreclosures will be a factor impacting home values in the next several years. In Town of Sun Prairie 1.5 homes are foreclosed (per 10,000). This is the same as the Madison Metro value of 1.5 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Sun Prairie is 4.1%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Sun Prairie homeowners underwater on their mortgage is 10.1%, which is lower than Madison Metro at 10.5%.

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Relative ZHVI
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Town of Sun Prairie Market Overview

Data through Jan 31, 2015
  • $194,500 ZHVI
  • 1.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $209,900 Median listing price
  • $204,100 Median sale price
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Town of Sun Prairie Market Health

Data through Jan 31, 2015
  • 4.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 10.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.5 homes Town of Sun Prairie
1.5 homes Madison Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Bristol $300,700
Medina $267,900
Town of Cottage Grove $244,500
Name Median ZHVI
Mc Farland $229,400
Town of Windsor $228,900
Monona $211,600
Name Median ZHVI
Town of Deerfield $200,900
De Forest $194,600
Marshall $162,700

Listings & Sales

Data through Jan 31, 2015
  • $107 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
24.5%
Sold below listing
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Town of Sun Prairie Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,233 Town of Sun Prairie
    $1,392 Madison Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,000 Rent list price
  • No data Rent list price / sq ft
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