Is Delafield, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Delafield was a Buyer's Market.
Key Takeaway
Delafield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delafield, WI
How much do homes in Delafield, WI cost?
Median Sold Price
$556,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Delafield have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Delafield was $556,000 in March 2024, up 3.4% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179.7K | $197.4K | +9.8% |
| 2 Bedrooms | $274.5K | $322.5K | +17.5% |
| 3 Bedrooms | $426K | $500K | +17.4% |
| 4 Bedrooms | $740K | $646.6K | -12.6% |
| 5+ Bedrooms | $856K | $1.3M | +53.7% |
Summary: Delafield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 53.7%.
Median Sold Price Compared To Nearby Cities
| Summit | $635K | $671.9K | +5.8% |
| Delafield | $537.5K | $556K | +3.4% |
Housing Supply in Delafield, WI
How many homes are available in Delafield, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Summary: The Delafield real estate market had 19 homes for sale in March 2024, a 13.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Delafield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Delafield, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Delafield in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Delafield, WI
We’re sorry, we don't have information for this market at the moment
