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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Delafield, WI Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Delafield, WI Housing Market Trends

With 7,177 people, 3,182 houses or apartments, and a median cost of homes of $648,297, Delafield house prices are not only among the most expensive in Wisconsin, Delafield real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Delafield, accounting for 64.27% of the city's housing units. Other types of housing that are prevalent in Delafield include large apartment complexes or high rise apartments ( 22.60%), duplexes, homes converted to apartments or other small apartment buildings ( 8.29%), and a few row houses and other attached homes ( 4.84%).

The most prevalent building size and type in Delafield are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.57% owning and 35.43% renting.

There is a lot of housing in Delafield built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Delafield built between 2000 and later ( 25.10%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.97%). There's also some housing in Delafield built before 1939 ( 6.53%).

Delafield Home Appreciation Rates

Real estate appreciation rates in Delafield's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.10% during the period.

Appreciation rates are so strong in Delafield that despite a nationwide downturn in the housing market, Delafield real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Delafield appreciation rates continue to be some of the highest in America, at 8.50%, which is higher than appreciation rates in 75.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Delafield. Delafield appreciation rates in the latest quarter were at 2.73%, which equates to an annual appreciation rate of 11.39%.

Relative to Wisconsin, our data show that Delafield's latest annual appreciation rate is higher than 60% of the other cities and towns in Wisconsin.

Average Home Values

Median Home Value

$648,297

Delafield, WI Home Prices
> $1,422,000
$1,066,001 - $1,422,000
$711,001 - $1,066,000
$569,001 - $711,000
$427,001 - $569,000
$284,001 - $427,000
$142,001 - $284,000
$71,001 - $142,000
$0 - $71,000
10.6%
10.6%
9.1%
9.1%
25.7%
25.7%
17.5%
17.5%
15.2%
15.2%
14.7%
14.7%
5.2%
5.2%
0.1%
0.1%
1.9%
1.9%
0% 100.0%
% of Homes
Very High

for Wisconsin

Very High

for nation

Number of Homes And Apartments:

3,182

Delafield Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,089 / per month

Homeownership Rate

Owners
Renters
64.6%
64.6%
35.4%
35.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.5%
5.5%
94.5%
94.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.1%
25.1%
44.4%
44.4%
24.0%
24.0%
6.5%
6.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
64.3%
64.3%
4.8%
4.8%
8.3%
8.3%
22.6%
22.6%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
12.6%
12.6%
23.7%
23.7%
36.2%
36.2%
22.4%
22.4%
5.1%
5.1%
0% 100.0%
% of Homes