New Listing
5
$329,999
1013 Maplewood Dr
Delano, MN 55328
4 bd2 ba1,797 sqft$184/ft²
House12,632 sqft lot
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Compass Real Estate · Delano, MN
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Delano, MN Housing Market
Seller's market-1.0% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Delano, MN is worth $436,921, fell 1.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $459,200, +3.7% year over year (through May 2026). With 3.9 months of supply and homes going under contract in about 50 days, Delano is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $436,921 home is about $2,333/mo in principal and interest.
Key numbers for Delano, MN
Typical home value
$436,921
-1.0% in 12 months
Zillow, August 2026
Median sale price
$459,200
+3.7% year over year
Redfin, through May 2026
Days on market
50
Average pace
Redfin, through May 2026
Active listings
39
3.9 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$118,091
Home costs 3.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.2%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Delano a buyer's or seller's market?
Seller's market3.9 months of supply50 days on market100.2% of asking
Delano, MN is a seller's market, based on 3.9 months of supply and homes selling in about 50 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Delano housing market data show?
Every row below is Redfin's final published month for Delano, MN. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $459,200 |
| Median list price | $482,500 |
| Year-over-year price change | +3.7% |
| Median price per sq ft | $189/sq ft |
| Median days on market | 50 days |
| Active inventory | 39 listings |
| Months of supply | 3.9 months |
| Sale-to-list price ratio | 100.2% |
| Homes sold (that month) | 10 |
| New listings (that month) | 16 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Delano is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Delano is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Delano home prices moved?
Over the last three years the median sale price in Delano, MN rose 4.0%, from $441,745 to $459,200. The live Zillow value series has fell 1.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. 33.3% of Delano listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.9 months while the sale-to-list ratio slips below its current 100.2%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Delano?
Priced off the typical home value of $436,921 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $87,384 | $349,536 | $2,333/mo |
| 5% | $21,846 | $415,075 | $2,770/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,333, that implies roughly $99,965 a year before you add taxes and insurance. The median household in Delano earns $118,091, about $18,126 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.7x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Delano in the next 12 months?
Tell us your timeline. We send the Delano market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Delano?
Zillow does not publish a rent index (ZORI) for Delano, MN, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Delano?
Active listings in Delano, MN went from 63 in May 2025 to 39 in May 2026, a -38.1% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 58 | 19 |
| July 2025 | 68 | 26 |
| August 2025 | 62 | 16 |
| September 2025 | 66 | 23 |
| October 2025 | 57 | 16 |
| November 2025 | 60 | 18 |
| December 2025 | 56 | 10 |
| January 2026 | 57 | 24 |
| February 2026 | 60 | 25 |
| March 2026 | 55 | 19 |
| April 2026 | 50 | 21 |
| May 2026 | 39 | 16 |
Redfin, through May 2026
How does Delano compare to Minnesota and the U.S.?
Delano homes sell for $459,200 — 23% above the Minnesota median of $372,300. Against the national median of $410,700, Delano runs 12% higher. Year-over-year, Delano moved +3.7% against Minnesota's +1.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Delano, MN | $459,200 | +3.7% | 50 days |
| Minnesota statewide | $372,300 | +1.3% | 25 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Delano
What buyers should watch
- Months of supply, currently 3.9. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 33.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $437 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $436,921 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Delano listing goes under contract in 50 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.2% of asking. Price at the number you want and let competition do the rest.
- In the last published month Delano added 16 new listings against 10 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -1.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Delano varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Delano
There are currently 39 homes listed for sale in Delano, Minnesota. The median listing price is $483K. Featured listings range from $329,999 to $679,990.
New Listing
33
$370,000
713 Northwood Dr
Delano, MN 55328
4 bd3 ba1,924 sqft$192/ft²
House12,981 sqft lot
View photos & details
New Listing
27
$385,000
1428 Fox St
Delano, MN 55328
4 bd3 ba1,970 sqft$195/ft²
House11,151 sqft lot
View photos & details
New Build
28
$418,695
942 Greenlawn Ave W
Delano, MN 55328
5 bd3 ba2,449 sqft$171/ft²
House
View photos & details
New Build
26
$421,990
496 Blueridge St SW
Delano, MN 55328
4 bd3 ba2,323 sqft$182/ft²
House
View photos & details
New Build
29
$441,940
506 Blueridge St SW
Delano, MN 55328
5 bd3 ba2,449 sqft$180/ft²
House
View photos & details
New Build
4
$499,900
741 Greywood Blvd SW
Delano, MN 55328
5 bd4 ba2,694 sqft$186/ft²
House11,326 sqft lot
Joel Scattarelli · JPW Realty
View photos & details
New Build
21
$514,900
641 Goldenrod Ct
Delano, MN 55328
2 bd2 ba1,948 sqft$264/ft²
House9,583 sqft lot
View photos & details
New Listing
33
$534,500
10175 County Road 17 SE
Delano, MN 55328
3 bd2 ba2,289 sqft$234/ft²
House2.27 acres
Jeffrey Vanderlinde · Vanderlinde Group | Edge Realty, Inc.
View photos & details
New Build
23
$574,900
249 3rd St SW
Delano, MN 55328
4 bd3 ba2,841 sqft$202/ft²
House12,502 sqft lot
View photos & details
New BuildPrice Drop −$15K
12
$575,000
994 Big Woods Dr
Delano, MN 55328
4 bd4 ba2,624 sqft$219/ft²
House
View photos & details
New Build
22
$679,990
1192 Woods Creek Dr S
Delano, MN 55328
6 bd4 ba3,955 sqft$172/ft²
House10,890 sqft lot
Peter Mcgee · M I Homes
View photos & details
Looking to buy in Delano?
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Active listings
39
Homes on market
Median list price
$483K
Avg. days on market
50
Days until sale
New this week
16
Newly listed
Price drops:33.3%of listings
Sale-to-list:100.2%
How much do homes cost in Delano by property type?
How the Delano, MN market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $504,450 | $198/sq ft | 8 | 59 days |
| Townhouse | $409,250 | $161/sq ft | 2 | 40 days |
Who lives in Delano?
American Community Survey estimates for Delano. U.S. Census ACS, 2023
Population
6,712
Households
2,520
Median income
$118,091/yr
Median age
35.8 years
Owner-occupied
77.3%
Median home value
$347,500
Median gross rent
$909/mo
Mean commute
29.3 min
77.3% of occupied homes in Delano are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $347,500 against Zillow's $436,921 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Delano?
3 schools tracked · 2,464 students
The largest public schools serving Delano, MN 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.
Delano High School
Grades 7-12 · 1,176 students
DELANO ELEMENTARY
Grades PK-3 · 744 students
Delano Intermediate School
Grades 4-6 · 544 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 Delano, MN?
Ordered by distance from Delano, not by size. Compare Delano side by side with any of them.
Which ZIP codes are in Delano?
These are the ZIP codes we see on active Delano listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Delano housing market FAQ
Is Delano a buyer's or seller's market?
Delano, MN is currently a seller's market. That read comes from 3.9 months of supply, homes going under contract in about 50 days, and sellers getting 100.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Delano?
The typical home in Delano, MN is worth $436,921 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $459,200, about $189 per square foot.
Is Delano cheaper than the rest of Minnesota?
Delano's median sale price of $459,200 is 23% higher than the Minnesota statewide median of $372,300, and 12% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Delano?
Homes in Delano, MN spent a median of 50 days on market before going under contract, versus 25 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Delano?
At the current 30-year fixed rate of 7.03%, 20% down on a $436,921 home is about $2,333 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $99,965 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $118,091.
Are home prices rising in Delano?
The typical home value in Delano, MN fell 1.0% over the last 12 months, from $441,229 to $436,921 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Delano?
Delano ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Delano?
That depends on your timeline, not on a headline. What the data says today: Delano, MN is a seller's market with 3.9 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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