Delavan, WI—53115
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Delavan, WI
As of Oct '25, the median home price in Delavan, WI is $325,000, with a year-over-year change of 2.0%. This indicates that home prices in Delavan, WI are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $325,000 | 2.0% |
| Single Family | $337,000 | 2.1% |
| Condos | $235,000 | 2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $252,000 | 4.1% |
3 Bed | $347,000 | 4.2% |
4 Bed | $446,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Delavan, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Delavan, WI is 47. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 14.0% |
Listing Count | 90 | -12.0% |
| Listings as % of Homes | 0.5% | -12.0% |
Days on Market | 47 | 1.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Delavan, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $325,000 |
| Median Household Income | $70,900 |