Delavan, IL 61734 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Delavan, IL—61734

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$150,000

10.1% YoY Growth

Household Income

$71,600

19.7% YoY Growth

Days on Market

14.0% Longer YoY

Home Price Forecast

2.5%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Delavan, IL

As of Dec '25, the median home price in Delavan, IL is $150,000, with a year-over-year change of 10.1%. This indicates that home prices in Delavan, IL 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	$150,000	10.1%
Single Family	$150,000	8.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Delavan, IL

Delavan, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

14.9%

2 Bedrooms

33.7%

3 Bedrooms

29.1%

4 Bedrooms

14.9%

5+ Bedrooms

7.4%

Property Listings — Delavan, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Delavan, IL is 53. This is a decrease of 0.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$236,000	52.0%
Listing Count	12	67.0%
Listings as % of Homes	0.7%	67.0%
Days on Market	65	14.0%

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Demographics — Delavan, IL

As of the latest ACS Survey released in 2023, Delavan, IL has a population of 2,500, which has decreased by -9.6% over the past 5 years. Delavan, IL is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,500	-9.6%
% Under 18	26.4%	17.3%
% Seniors	24.0%	34.1%
% WFH	6.5%	47.7%
% w/ College Degree	22.4%	16.7%

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As of the latest ACS Survey released in 2023, Delavan, IL is a predominantly white area, with 94.5% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Delavan, IL is hispanic, making up 3.0% of the population. Foreign-born residents account for 0.5% of the population in Delavan, IL, and this percentage has decreased by 86.8% 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	94.5%	0.2%
% Black	0.0%	-100.0%
% Hispanic	3.0%	-28.6%
% Asian	0.2%	-50.0%
% Foreign Born	0.5%	-86.8%

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Mortgage and Risk — Delavan, IL

According to HUD data as of 2023, there were 74 mortgage originations in Delavan, IL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Delavan, IL. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	74
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	3.0%

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Rentals and Section 8 — Delavan, IL

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

Section 8 Market Size

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

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$760
2 Bedroom	N/A	N/A	$960
3 Bedroom	N/A	N/A	$1,240
4 Bedroom	N/A	N/A	$1,310

Delavan, IL—61734

Key Metrics at a Glance

Home Price Trends — Delavan, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Delavan, IL

% of Rental Stock

Property Listings — Delavan, IL

Demographics — Delavan, IL

Race and Ethnicity

Mortgage and Risk — Delavan, IL

Mortgages

Rentals and Section 8 — Delavan, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Delavan, IL

Home Price to Income Ratio

Delavan, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Hartsburg, IL

Hopedale, IL

San Jose, IL

Tremont, IL

Green Valley, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.8
Median Home Price	$150,000
Median Household Income	$71,600

Delavan, IL—61734

Key Metrics at a Glance

Home Price Trends — Delavan, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Delavan, IL

% of Rental Stock

Property Listings — Delavan, IL

Demographics — Delavan, IL

Race and Ethnicity

Mortgage and Risk — Delavan, IL

Mortgages

Rentals and Section 8 — Delavan, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Delavan, IL

Home Price to Income Ratio

Delavan, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Hartsburg, IL

Hopedale, IL

San Jose, IL

Tremont, IL

Green Valley, IL

Frequently Asked Questions

What is the average home price in Delavan, IL 61734?

How have home prices in Delavan, IL 61734 changed over the past year?

What is the home price projection for Delavan, IL 61734?

What are the demographics of Delavan, IL 61734?

How long does it take homes to sell in Delavan, IL 61734?

What is the average rent price in Delavan, IL 61734?