Delavan, WI 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.

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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.

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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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Delavan properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Darien Elementary School (Darien) Delavan-Darien School District public 234 Not Provided Darien Elementary School GreatSchools Rating
Turtle Creek Elementary School (Delavan) Delavan-Darien School District public 612 Not Provided Turtle Creek Elementary School GreatSchools Rating
Wileman Elementary School (Delavan) Delavan-Darien School District public 329 Not Provided Wileman Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Delavan Christian School (Delavan) private 102 Not Provided Delavan Christian School GreatSchools Rating
Our Redeemer Lutheran School (Delavan) private 162 Not Provided Our Redeemer Lutheran School GreatSchools Rating
Phoenix Middle School (Delavan) Delavan-Darien School District public 474 Not Provided Phoenix Middle School GreatSchools Rating
St Andrew Parish School (Delavan) private 138 Not Provided St Andrew Parish School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Delavan-Darien High School (Delavan) Delavan-Darien School District public 800 Not Provided Delavan-Darien High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 15,837 102,952 5,687,217
Total Households 6,121 39,261 2,286,339
Total Families 4,058 25,953 1,476,860
Population Density 208 3,317 437,888
Percent Male 49% 50% 50%
Percent Female 51% 50% 50%
White Collar Jobs 53% 59% 55%
Blue Collar Jobs 47% 41% 45%

Top Occupations

Professions Population Employed
Manufacturing 1,930
Transportation 1,551
Healthcare 1,244
Retail 1,015
Sales 1,009
Arts and Media 944
Management 898
Education 751
Construction 730
Natural Resources 701

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 8,022 51,453 2,620,437
Owner Occupied Housing Units 4,196 26,920 1,568,389
Renter Occupied Housing Units 1,925 12,342 717,965
Vacant Housing Units 1,912 12,133 334,086
Occupancy Rate 76% 76% 87%
Vehicles Per Housing Unit 2 26 1,560

Commute Time To Work

  City County State
Less than 5 minutes 359 2,437 128,186
5 - 14 minutes 2,757 9,054 376,009
15 - 29 minutes 2,581 8,051 445,165
30 - 44 minutes 822 4,605 288,322
45-59 minutes 434 3,384 143,851
Over 60 minutes 501 3,144 80,835

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 1,397 6,901 374,133
High School Graduate 3,890 21,720 1,258,952
Some College 2,286 14,338 808,107
Associates Degree 789 5,904 355,880
Bachelors Degree 1,552 11,061 663,912
Graduate Degree 512 4,206 242,814

Education Attainment


Market Conditions

Market Conditions for Delavan

August 2017

Median Sale Price
$151,000

 DOWN -20.52%
vs. Month Ago
Homes for Sale
133

 DOWN -6.33%
vs. Month Ago
Homes Sold
21

 DOWN -32.25%
vs. Month Ago
Avg Days on Market
103

  0.00%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $151,000. The median sales price for homes in August fell by ($39,000) compared to last month. This represents a 20.52% decrease from July. Compared to the same month last year, the median price of homes fell by ($21,000) representing a -12.2% 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

The inventory of homes for sale fell by 9 in August to 133. This represents 6.33% decrease from July when 142 homes were on the market. Compared to the same month last year when there were 144 homes for sale, the inventory of homes for sale has fallen by 11 representing a -7.63% 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

The inventory of homes for sale fell by 9 in August to 133. This represents 6.33% decrease from July when 142 homes were on the market. Compared to the same month last year when there were 144 homes for sale, the inventory of homes for sale has fallen by 11 representing a -7.63% 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.

Avg Days on Market

The average days on market for a home sold in August (103) did not change Compared to the same month last year, the days on market for homes sold decreased by 1, a -0.96% 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

The Sale/List Price Ratio of 92.31% in August fell by 0.39% compared to July and decreased 1.03% 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

The number of homes listed in August (17) fell by 17 compared to July, a 50% change. Compared to August 2016, the number of new listings decreased by 2, a -10.52% 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 Homes

The median list price in August was $174,900. The median list price for homes in August fell by ($4,300) compared to last month. This represents a 2.39% decrease from July. Compared to the same month last year, the median list price of homes increased $25,000 representing a 16.67% year-over-year increase.

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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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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