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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,490 people, 3,539 houses or apartments, and a median cost of homes of $275,224, Delavan real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Delavan, accounting for 57.06% of the city's housing units. Other types of housing that are prevalent in Delavan include large apartment complexes or high rise apartments ( 23.59%), duplexes, homes converted to apartments or other small apartment buildings ( 10.74%), and a few row houses and other attached homes ( 8.30%).
People in Delavan primarily live in small (one, two or no bedroom) single-family detached homes. Delavan has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Delavan 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 Delavan built between 1940-1969 ( 26.97%). A lesser amount of the housing stock also hails from before 1939 ( 24.46%). There's also some housing in Delavan built between 2000 and later ( 14.67%).
Appreciation rates for homes in Delavan have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.16%, which ranks in the top 40% nationwide. This equates to an annual average Delavan house appreciation rate of 7.35%.
Appreciation rates are so strong in Delavan that despite a nationwide downturn in the housing market, Delavan real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Delavan appreciation rates continue to be some of the highest in America, at 9.89%, which is higher than appreciation rates in 86.84% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Delavan. Delavan appreciation rates in the latest quarter were at 1.16%, which equates to an annual appreciation rate of 4.73%.
Relative to Wisconsin, our data show that Delavan's latest annual appreciation rate is higher than 80% of the other cities and towns in Wisconsin.
$275,224
for Wisconsin
for nation
3,539
$1,357 / per month