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Featured local agent — Delavan, IL
Sarah Mitchell
Compass Real Estate · Delavan, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Delavan, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$102,500median sale price
How is the Delavan, IL housing market right now?
The median home sale price in Delavan, IL is $102,500, down 13.0% year-over-year. Homes sell in an average of 36 days with 5 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Delavan a buyer's or seller's market?
Delavan, IL is currently a seller's market, based on 2.5 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
36
Average pace
Active listings
5
2.5 months supply
Sale-to-list
98.6%
Below asking
What does the Delavan housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $102,500 |
| Median list price | $232,450 |
| Year-over-year price change | -13.0% |
| Average days on market | 36 days |
| Active inventory | 5 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $44/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Listings with a price cut | 20.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Delavan by property type?
How the Delavan, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $102,500 | $44/sq ft | 2 | 36 days |
Source: Redfin · Updated monthly
The Delavan housing market is currently classified as a seller's market with a median sale price of $102,500. Prices have fallen 13.0% compared to last year, with homes spending an average of 36 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Delavan
There are currently 5 homes listed for sale in Delavan, Illinois. The median listing price is $232K.
Active listings
5
Homes on market
Median list price
$232K
Avg. days on market
36
Days until sale
New this week
4
Newly listed
Who lives in Delavan?
Population
1,600
Median income
$69,038/yr
Median age
38 years
Owner-occupied
78.6%
College grads
16.5%
Avg commute
29.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Delavan?
Zillow home value
$136,479
Price-to-income
2.0x
Source: Zillow Research
What is it like to live in Delavan?
Delavan is a community of approximately 2K residents with a median age of 38 years.The median household income is $69,038, which represents a working-class community with solid middle-income opportunities. 16.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 78.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Delavan offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Delavan?
3 schools tracked · 406 students
The largest public schools serving Delavan, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Delavan Elementary School
Grades PK-6 · 209 students
Delavan High School
Grades 9-12 · 138 students
Delavan Jr High School
Grades 7-8 · 59 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Delavan, IL?
Want a head-to-head view? Compare Delavan side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Delavan?
The median home sale price in Delavan is $102,500, down 13.0% from last year.
How long do homes stay on market in Delavan?
Homes typically spend 36 days on market before going under contract.
What is the median income in Delavan?
The median household income is $69,038 per year.
Is Delavan a buyer's or seller's market?
With 2.5 months of supply, Delavan is currently a seller's market.
What is the Zillow home value estimate for Delavan?
The Zillow Home Value Index (ZHVI) for Delavan is $136,479, representing the typical home value in the area.
How much does a single-family home cost in Delavan?
The median single-family home price in Delavan, IL is $102,500 (about $44 per square foot).
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