Is Delavan, 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, Delavan was a Seller's Market.
Key Takeaway
Delavan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Delavan, WI
How much do homes in Delavan, WI cost?
Median Sold Price
$287,500
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Delavan have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Delavan was $287,500 in March 2024, up 6.5% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $160.5K | +100.6% |
| 2 Bedrooms | $183K | $247.5K | +35.2% |
| 3 Bedrooms | $305K | $312K | +2.3% |
| 4 Bedrooms | $330K | $345K | +4.5% |
| 5+ Bedrooms | $509.6K | $631.5K | +23.9% |
Summary: Delavan housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100.6%, 2 bedroom homes increased by 35.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 23.9%.
Housing Supply in Delavan, WI
How many homes are available in Delavan, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 65 | 68 | +4.6% |
Summary: The Delavan real estate market had 68 homes for sale in March 2024, a 4.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 22 | 17 | -22.7% |
| 3 Bedrooms | 27 | 30 | +11.1% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Delavan housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 22.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Delavan, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Delavan in March 2024, down by 30.8% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Delavan, WI
We’re sorry, we don't have information for this market at the moment
