Delavan, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Delavan, WI Real Estate Data


Delavan Housing Market Information

With a population of 8,389, 3,134 total housing units (homes and apartments), and a median house value of $170,339, 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 55.58% of the city's housing units. Other types of housing that are prevalent in Delavan include large apartment complexes or high rise apartments ( 23.89%), duplexes, homes converted to apartments or other small apartment buildings ( 14.51%), and a few row houses and other attached homes ( 6.03%).

The most prevalent building size and type in Delavan are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.93% owning and 43.07% renting.

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 before 1939 ( 25.49%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.82%). There's also some housing in Delavan built between 2000 and later ( 12.82%).

Delavan Home Appreciation Rates

Delavan's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Delavan during the period has been just -1.24%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Delavan's appreciation rate, at 4.59%, has been at or slightly above the national average. In the latest quarter, Delavan's appreciation rate has been 1.22%, which annualizes to a rate of 4.99%.

Relative to Wisconsin, our data show that Delavan's latest annual appreciation rate is lower than 70% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$170,339

Delavan, WI HOME PRICES

Value Range
> $1,067,000 0.9
$800,001 - $1,067,000 0.0
$534,001 - $800,000 0.9
$427,001 - $534,000 0.4
$320,001 - $427,000 3.7
$214,001 - $320,000 13.4
$107,001 - $214,000 69.2
$53,001 - $107,000 8.6
$0 - $53,000 3.0

Average for WI
Average for Nation

Value Relative to Nation Value Relative to State
42.6362944311062 49.2813141683778

Number Of Homes And Apartments:
3,134

Rent & Ownership

 

Average Market Rent:
$921 / per month

Homeownership Rate

Homeownership
Owners 56.93
Renters 43.07
Vacant 8.71

Housing Market Details

 

Age of Homes

AGE OF Delavan HOMES
2000 or Newer 12.8
1970 - 1999 39.9
1940 - 1969 21.8
1939 or Older 25.5

Types of Homes

TYPE OF Delavan HOMES
Single-Family 55.6
Townhomes 6.0
Small Apt. Buildings 14.5
Apt. Complexes 23.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Delavan HOMES
No Bedroom 1.49
1 Bedroom 9.96
2 Bedrooms 34.31
3 Bedrooms 35.80
4 Bedrooms 14.21
5 or more bedrooms 4.22

Delavan Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
20.77% 1.12% 2 2
* 10 is highest