The story of this market
The typical home in ZIP 53580 sells for about $445,000, or $218 per square foot.
Prices are up +6% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 53580 — Rewey
The housing market in 53580 shows a median sale price of $445,000 with a year-over-year increase of 6%. Many specific metrics such as months of supply, sale-to-list ratio, and effective tax rates are not determinable at the ZIP level from current public sources. Market activity is characterized by a median of 38 days on market and approximately 250 active listings.
This ZIP is ideal for families and young professionals seeking a suburban lifestyle with high-quality schools and easy access to Madison's employment core.
Median prices moved up 6.0% year over year.
Homes spend a median of 38 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 53580
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Sun Prairie generally reports lower crime rates compared to the broader Madison metropolitan area, with property crime being the most common concern. Local law enforcement maintains a proactive community policing strategy.
The Sun Prairie Area School District is highly regarded, with most schools maintaining strong performance ratings and modern facilities that serve a growing student population.
The area faces moderate risk from severe thunderstorms and occasional flooding in low-lying areas near local creeks, though wildfire risk is minimal.
Sun Prairie serves as a major residential and commercial growth hub for the Madison metro, with significant expansion in retail and mixed-use developments along the Highway 151 corridor.
Property taxes are assessed at the municipal and county levels, with the Sun Prairie Area School District accounting for the largest portion of the tax bill; Wisconsin does not have a state-level property tax.
Residents primarily commute via Highway 151, providing a direct 15-20 minute drive to downtown Madison and the University of Wisconsin campus.
The area features extensive park systems including Sheehan Park and the Sun Prairie Family Aquatic Center, with numerous bike trails and proximity to the Madison lakes.
The rental market is tight with low vacancy rates, driven by the influx of professionals working in the Madison tech and healthcare sectors.
The economy is anchored by the Madison metro area's strong healthcare, education, and technology sectors, with significant local employment in retail and light manufacturing.
The area is served by the Highway 151 corridor, with limited public transit options connecting directly to the Madison Metro bus system.
Ongoing development focuses on high-density residential projects near the city center and commercial expansion along the Highway 151 corridor.
The Dane County Assessor's office manages property valuations, typically reassessing properties to maintain market value alignment.
Parcels are subject to Sun Prairie Area School District taxes and various municipal utility districts for water and sewer services.
Property insurance premiums are stable, though homeowners are advised to maintain coverage for wind and hail damage common in the region.
Wisconsin continues to see modest net domestic migration gains, particularly in the Madison metropolitan area.
Wisconsin is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a Real Estate Condition Report disclosing known defects to potential buyers.
not determinable
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large community park with sports fields and picnic areas.
Popular seasonal water park facility.
Major regional shopping and dining destination.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.