Delafield, WI—53018
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Delafield, WI
As of Oct '25, the median home price in Delafield, WI is $658,000, with a year-over-year change of 4.6%. This indicates that home prices in Delafield, WI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $658,000 | 4.6% |
| Single Family | $683,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $594,000 | 5.9% |
4 Bed | $765,000 | 5.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Delafield, WI
As of July '25, Rentcast reports the average rent in Delafield, WI is $2,130, with a year-over-year rent change of 6.5%. Per bedroom, the median rent as of July '25 in Delafield, WI is 1-bedrooms: $1,640, 2-bedrooms: $2,330, 4-bedrooms: $2,600. The most common rental property sizes in Delafield, WI are 2-bedroom and 3-bedroom, accounting for 40.3% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,590 | $1,640 |
| 2 Bed Rent | $2,400 | $2,330 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,600 | $2,600 |
% of Rental Stock
Property Listings — Delafield, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Delafield, WI is 35. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 52.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $768,000 | 25.0% |
Listing Count | 27 | 5.0% |
| Listings as % of Homes | 0.1% | 5.0% |
Days on Market | 35 | -5.0% |
Demographics — Delafield, WI
As of the latest ACS Survey released in 2023, Delafield, WI has a population of 7,880, which has remained stable by -0.7% over the past 5 years. Delafield, WI is a moderately popular place for families, as children make up 23.0% of the population. The area has a highly educated workforce, with 53.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,880 | -0.7% |
% Under 18 | 23.0% | 0.4% |
% Seniors | 21.8% | 6.9% |
% WFH | 16.8% | 100.0% |
% w/ College Degree | 53.8% | -2.2% |
As of the latest ACS Survey released in 2023, Delafield, WI is a predominantly white area, with 84.4% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Delafield, WI is hispanic, making up 9.2% of the population. Foreign-born residents account for 2.7% of the population in Delafield, WI, and this percentage has decreased by 25.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.4% | -10.0% |
% Black | 2.2% | 22.2% |
% Hispanic | 9.2% | 666.7% |
% Asian | 1.7% | 183.3% |
% Foreign Born | 2.7% | -25.0% |
Mortgage and Risk — Delafield, WI
According to HUD data as of 2023, there were 329 mortgage originations in Delafield, WI, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Delafield, WI. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 329 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Delafield, WI
Delafield, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 110 |
Total Units Section 8 | 110 |
% Rentals under Section 8 | 14.6% |
% Occupied Section 8 | 81.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,590 | $1,530 |
| 2 Bedroom | -$580 | $2,400 | $1,820 |
| 3 Bedroom | N/A | N/A | $2,260 |
| 4 Bedroom | -$140 | $2,600 | $2,460 |
Affordability — Delafield, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $658,000 |
| Median Household Income | $131,000 |