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Featured local agent — Delavan Lake, WI
Sarah Mitchell
Compass Real Estate · Delavan Lake, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Delavan Lake, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$377,500median sale price
How is the Delavan Lake, WI housing market right now?
The median home sale price in Delavan Lake, WI is $377,500, up 3.4% year-over-year. Homes sell in an average of 47 days with 24 active listings. The market is currently a leaning buyer's. (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 Lake a buyer's or seller's market?
Delavan Lake, WI is currently a leaning buyer's, based on 6.0 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
47
Average pace
Active listings
24
6.0 months supply
Sale-to-list
97.3%
Below asking
What does the Delavan Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $377,500 |
| Median list price | $499,000 |
| Year-over-year price change | +3.4% |
| Average days on market | 47 days |
| Active inventory | 24 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $182/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 7 |
| Listings with a price cut | 20.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Delavan Lake by property type?
How the Delavan Lake, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $517,500 | $198/sq ft | 2 | 47 days |
| Condo / Co-op | $269,000 | $182/sq ft | 2 | 31 days |
Source: Redfin · Updated monthly
The Delavan Lake housing market is currently classified as a leaning buyer's with a median sale price of $377,500. Prices have risen 3.4% compared to last year, with homes spending an average of 47 days on market, indicating 6.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Delavan Lake
There are currently 24 homes listed for sale in Delavan Lake, Wisconsin. The median listing price is $499K.
Active listings
24
Homes on market
Median list price
$499K
Avg. days on market
47
Days until sale
New this week
7
Newly listed
Who lives in Delavan Lake?
Population
2,728
Median income
$71,042/yr
Median age
49.9 years
Owner-occupied
86.5%
College grads
27.9%
Avg commute
26 min
Source: U.S. Census Bureau ACS
What is it like to live in Delavan Lake?
Delavan Lake is a community of approximately 3K residents with a median age of 49.9 years.The median household income is $71,042, which represents a working-class community with solid middle-income opportunities. 27.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 26 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Delavan Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Delavan Lake, WI?
Want a head-to-head view? Compare Delavan Lake 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 Lake?
The median home sale price in Delavan Lake is $377,500, up 3.4% from last year.
How long do homes stay on market in Delavan Lake?
Homes typically spend 47 days on market before going under contract.
What is the median income in Delavan Lake?
The median household income is $71,042 per year.
Is Delavan Lake a buyer's or seller's market?
With 6.0 months of supply, Delavan Lake is currently a leaning buyer's.
What is the median condo price in Delavan Lake?
The median condo/co-op sale price in Delavan Lake, WI is $269,000, compared to $517,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Delavan Lake?
The median single-family home price in Delavan Lake, WI is $517,500 (about $198 per square foot).
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