Delavan, WI 53115 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Delavan, WI—53115

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$343,000

4.9% YoY Growth

Household Income

$70,900

23.8% YoY Growth

Days on Market

10.0% Shorter YoY

Home Price Forecast

0.4%

Median Rent

$1,400

3.8% YoY Growth

1-Bed Rent

$999

N/A

2-Bed Rent

$1,400

6.7% YoY Growth

3-Bed Rent

$1,700

19.7% YoY Growth

Home Price Trends — Delavan, WI

As of May '26, the median home price in Delavan, WI is $343,000, with a year-over-year change of 4.9%. This indicates that home prices in Delavan, WI are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$343,000	4.9%
Single Family	$356,000	5.0%
Condos	$245,000	-0.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Delavan, WI

As of July '25, Rentcast reports the average rent in Delavan, WI is $1,640, with a year-over-year rent change of 3.8%. Per bedroom, the median rent as of July '25 in Delavan, WI is 1-bedrooms: $1,070, 2-bedrooms: $1,590, 3-bedrooms: $2,250. The most common rental property sizes in Delavan, WI are 2-bedroom and 1-bedroom, accounting for 45.3% and 27.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,640
Studio Rent	N/A	N/A
1 Bed Rent	$999	$1,070
2 Bed Rent	$1,400	$1,590
3 Bed Rent	$1,700	$2,250
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.1%

1 Bedroom

27.0%

2 Bedrooms

45.3%

3 Bedrooms

16.0%

4 Bedrooms

10.3%

5+ Bedrooms

0.3%

Property Listings — Delavan, WI

As of May '26, Realtor.com reports that the median days on market for a home in Delavan, WI is 43. This is a decrease of -10.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$428,000	2.0%
Listing Count	80	-15.0%
Listings as % of Homes	0.5%	-15.0%
Days on Market	43	-10.0%

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Demographics — Delavan, WI

As of the latest ACS Survey released in 2023, Delavan, WI has a population of 16,100, which has remained stable by -0.2% over the past 5 years. Delavan, WI is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	16,100	-0.2%
% Under 18	18.5%	-20.3%
% Seniors	21.4%	16.9%
% WFH	7.0%	55.6%
% w/ College Degree	25.4%	27.0%

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As of the latest ACS Survey released in 2023, Delavan, WI is a predominantly white area, with 77.7% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Delavan, WI is hispanic, making up 19.7% of the population. Foreign-born residents account for 7.2% of the population in Delavan, WI, and this percentage has decreased by 33.3% 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	77.7%	0.3%
% Black	1.0%	11.1%
% Hispanic	19.7%	-1.0%
% Asian	0.2%	-83.3%
% Foreign Born	7.2%	-33.3%

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Mortgage and Risk — Delavan, WI

According to HUD data as of 2023, there were 280 mortgage originations in Delavan, WI, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Delavan, WI. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	280
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	4.0%
% Second Loans	10.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Delavan, WI

Delavan, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	306
Total Units Section 8	306
% Rentals under Section 8	N/A
% Occupied Section 8	83.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$139	$999	$860
2 Bedroom	-$270	$1,400	$1,130
3 Bedroom	-$280	$1,700	$1,420
4 Bedroom	N/A	N/A	$1,800

Delavan, WI—53115

Key Metrics at a Glance

Home Price Trends — Delavan, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Delavan, WI

% of Rental Stock

Property Listings — Delavan, WI

Demographics — Delavan, WI

Race and Ethnicity

Mortgage and Risk — Delavan, WI

Mortgages

Rentals and Section 8 — Delavan, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Delavan, WI

Home Price to Income Ratio

Delavan, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Darien, WI

Sharon, WI

Walworth, WI

Bradford, WI

Williams Bay, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$343,000
Median Household Income	$70,900

Delavan, WI—53115

Key Metrics at a Glance

Home Price Trends — Delavan, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Delavan, WI

% of Rental Stock

Property Listings — Delavan, WI

Demographics — Delavan, WI

Race and Ethnicity

Mortgage and Risk — Delavan, WI

Mortgages

Rentals and Section 8 — Delavan, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Delavan, WI

Home Price to Income Ratio

Delavan, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Darien, WI

Sharon, WI

Walworth, WI

Bradford, WI

Williams Bay, WI

Frequently Asked Questions

What is the average home price in Delavan, WI 53115?

How have home prices in Delavan, WI 53115 changed over the past year?

What is the home price projection for Delavan, WI 53115?

What are the demographics of Delavan, WI 53115?

How long does it take homes to sell in Delavan, WI 53115?

What is the average rent price in Delavan, WI 53115?