Delavan, WI Real Estate

Delavan, Wisconsin Real Estate

Delavan is a city located in Walworth County. The city has an interesting history, holding the title “Circus Capital of the World.” The title was attributed due to Delavan’s many circuses that once occupied its lands. In fact, between 1847 and 1894 it was home to 26 circus companies.
The area also has an appreciation for work. It is one of the major manufacturing and industrial centers of Walworth County – home to over 230 businesses, 77 retail establishments and three newspapers. Delavan is home to several large industrial companies including Waukesha Cherry-Burrell, Stock Lumber, Bergamot Brass, Swiss Tech and Andes Candies.

Although now an industrial hub, Delavan has always been rooted in agriculture. The city is renowned for offering a wide variety of products and is home to farms boasting award-winning dairy and beef cattle.

Amenities
Delavan features many attractions and entertainment venues. For those who enjoy golfing, Delbrook’s 27-hole golf course is a great way to spend a day. Or for water enthusiasts, Delavan Lake offers boating and other watersports for residents to partake in. Horseback riding is also a popular activity among the locals.

When not spending a day at the lake or completing a round at the Delbrook Golf Course, Delavan residents find their way to one of the events held by the Phoenix Park Bandshell, a non-profit organization local to the area. The organization provides entertainment for the public with musical performances, food tastings and various other events for the whole family.

Delavan’s historic downtown offers a wonderful dining and shopping experience with three shopping plazas, many excellent restaurants and a variety of stores and shops. Although, travelers and locals alike often find their way to a quaint cottage or bed and breakfast nestled in the outskirts of the city.

History
Delavan was first formed when the land that is now Walworth County was divided into quarters in 1838. Its first settlers, Henry Phoenix and Col. Samuel F. Phoenix, chose the area for its lush green hillsides, ample water supply from Delavan Lake, and rich soil. Delavan officially became a city in 1897.

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Delavan-darien High School (Delavan) Delavan-darien School District Public 730 17 DELAVAN-DARIEN HIGH SCHOOL GreatSchools Rating
Phoenix Middle School (Delavan) Delavan-darien School District Public 488 15 PHOENIX MIDDLE SCHOOL GreatSchools Rating
Turtle Creek Elementary School (Delavan) Delavan-darien School District Public 630 18 TURTLE CREEK ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 15,924 103,613 5,852,878
Total Households 6,177 40,209 2,349,819
Total Families 4,129 26,491 1,516,725
Percent Male 50% 50% 50%
Percent Female 50% 50% 50%
White Collar Jobs 50% 50% 58%
Blue Collar Jobs 50% 50% 42%

Top Occupations

Professions Population Employed
Professional Services 1,367
Sales 1,029
Maintenance 737
Manufacturing 720
Food 642
Healthcare 567
Transportation 493
Management 351
Construction 315
Education 185

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 1,010 4,085 224,571
High School Graduate 3,547 21,934 1,256,597
Some College 2,365 15,690 833,955
Associates Degree 1,093 6,032 410,260
Bachelors Degree 1,409 12,073 747,113
Graduate Degree 676 7,054 384,121

Education Attainment


Market Conditions
Market Conditions for Delavan - April 2020 | Shorewest Realtors®
April 2020

Market Conditions for Delavan

Median Sale Price Graph

Median Sale Price

The median sale price for homes in April was $195,000. The median sales price for homes in April fell by ($32,000) compared to last month. This represents a 14.09% decrease from March. Compared to the same month last year, the median price of homes fell by ($21,000) representing a -9.72% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 5 in April to 77. This represents 6.09% decrease from March when 82 homes were on the market. Compared to the same month last year when there were 95 homes for sale, the inventory of homes for sale has fallen by 18 representing a -18.94% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 11 homes sold in April was 3 less than in March. This represents a 21.42% decrease in sales from March. Compared to the same month last year, the number of homes sold decreased by 5, a -31.25% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in April (34) decreased by 30 days compared to March. This represents a 46.87% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 88, a -72.13% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 97.02% in April rose by 4.74% compared to March and increased 4.63% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in April (10) fell by 15 compared to March, a 60% change. Compared to April 2019, the number of new listings decreased by 15, a -60% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in April was $173,200. The median list price for homes in April fell by ($1,800) compared to last month. This represents a 1.02% decrease from March. Compared to the same month last year, the median list price of homes decreased ($31,700) representing a -15.47% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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