Sullivan, WI Real Estate

Sullivan Community Properties

Sullivan is a village in Jefferson County, Wisconsin with a population of approximate 688 people. In 2009, the estimated median house value in Sullivan was $179,824. Known as a quiet rural farming area, Sullivan is located just a few miles off of interstate 94 between Madison and Milwaukee. This makes it an easy commute for work, recreational or cultural activities. The National Weather Forecast Service Office is located in Sullivan, reporting and warning southeastern Wisconsin residents of threatening and severe weather conditions. Sullivan is also known as the home of “The World’s Greatest Junk Parade.”

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Sullivan Elementary School  (Sullivan) Jefferson School District Public 180 13 SULLIVAN ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 2,815 85,836 5,852,878
Total Households 1,172 32,960 2,349,819
Total Families 808 22,458 1,516,725
Percent Male 50% 50% 50%
Percent Female 50% 50% 50%
White Collar Jobs 49% 52% 58%
Blue Collar Jobs 51% 48% 42%

Top Occupations

Professions Population Employed
Professional Services 60
Construction 52
Sales 43
Maintenance 39
Manufacturing 25
Transportation 23
Healthcare 20
Management 20
Education 18
Social Services 12

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 96 3,043 224,571
High School Graduate 835 20,526 1,256,597
Some College 472 12,282 833,955
Associates Degree 231 6,212 410,260
Bachelors Degree 236 9,467 747,113
Graduate Degree 119 4,148 384,121

Education Attainment


Market Conditions
Market Conditions for Sullivan - March 2024 | Shorewest Realtors®
March 2024

Market Conditions for Sullivan

Median Sale Price Graph

Median Sale Price

The median sale price for homes in March was $465,000. The median sales price for homes in March rose by $165,000 compared to last month. This represents a 55% increase from February. Compared to the same month last year, the median price of homes rose by $115,000 representing a 32.85% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 2 in March to 1. This represents 66.66% decrease from February when 3 homes were on the market. Compared to the same month last year when there were 2 homes for sale, the inventory of homes for sale has fallen by 1 representing a -50% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 3 homes sold in March was 1 more than in February. This represents a 50% increase in sales from February. Compared to the same month last year, the number of homes sold increased by 2, a 200% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in March (18) decreased by 48 days compared to February. This represents a 72.72% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 150, a -89.28% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 97.78% in March fell by 2.59% compared to February and increased 4.74% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in March (0) fell by 1 compared to February, a 0% change. Compared to March 2023, the number of new listings decreased by 2, a 0% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in March was $0. The median list price for homes in March fell by ($399,900) compared to last month. This represents a 0% decrease from February. Compared to the same month last year, the median list price of homes decreased ($330,000) representing a 0% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.