Delafield, WI Real Estate

Established in 1843, the city of Delafield, Wisconsin is a historic community with a unique atmosphere. Serviced by I-94, Delafield is located in the hills of the Kettle Moraine. Lake Nagawicka is nestled in the city, providing a body of water for many recreational activities. Preserving many historic sites, Delafield has a plethora of landmarks to add to the city’s charm. Located 30 minutes west of Milwaukee, the city offers a great location for those who need to commute to the metropolitan area. Populated by 6,859 people, the city offers a quaint and peaceful environment in which to reside.

To find properties for sale in Delafield, click here.

Real Estate
The Delafield housing market provides an array of homes for sale. Houses on the market include Ranches with spacious lots, newly constructed two-story homes, custom log homes with luxurious amenities and gorgeous waterfront homes with all the perks. Kings Way Homes is a predominant builder around the Delafield area. The area does offer homes for first-time buyers, subdivisions and lots for those who are looking for a more private property. The average price of a home in Delafield is $364,280. The “Lake Country” area provides grand and glorious lake living at its finest.

 

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The beautiful landscape throughout the city provides an array of outdoor recreational opportunities. Trails for hiking, biking and cross-country skiing are well maintained by the city. Surrounded by lakes, residents of the city can enjoy many options for swimming, fishing and boating. On the border of Delafield is the Glacial Drumlin Trail that has 51-miles of partially paved trails for hikers and bicyclists to enjoy. Visitors of the trail can take in glacial landscapes throughout their walk or ride.

Delafield has two shopping districts that offer popular retail stores and specialty shops. A shopping plaza located near Highway 83 has a variety of stores including department stores and local businesses. The historic downtown area provides small shops that specialize in a wide-selection of products. Fine dining that offer cuisines of all cultures can also be found in the downtown district.

Many year-round festivals help bring the community together. The main event that the city organizes is the Delafield Block Party. Residents can enjoy food, music, live entertainment and an annual 5k run/walk. The Halloween Celebration is another big event that has entertainment for kids and adults.

Delafield is also home to St. John’s Northwestern Military Academy which offers an exclusive educational environment where leadership principles infuse academy life. St. John’s educates cadets from across the country. Located on a 110-acre campus, the academy encourages the values of honesty, integrity, honor and country.

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Delafield properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Cushing Elementary School (Delafield) Kettle Moraine School District public 463 Not Provided Cushing Elementary School GreatSchools Rating
Dousman Elementary School (Dousman) Kettle Moraine School District public 457 Not Provided Dousman Elementary School GreatSchools Rating
Greenland Elementary School (Oconomowoc) Oconomowoc Area School District public 401 Not Provided Greenland Elementary School GreatSchools Rating
Ixonia Elementary School (Ixonia) Oconomowoc Area School District public 259 Not Provided Ixonia Elementary School GreatSchools Rating
KM Explore (Wales) Kettle Moraine School District charter 143 Not Provided KM Explore GreatSchools Rating
Kettle Moraine 4k (Genesee Depot) Kettle Moraine School District public 109 Not Provided Kettle Moraine 4k GreatSchools Rating
Magee Elementary School (Genesee Depot) Kettle Moraine School District public 275 Not Provided Magee Elementary School GreatSchools Rating
Meadow View Elementary School (Oconomowoc) Oconomowoc Area School District public 533 Not Provided Meadow View Elementary School GreatSchools Rating
Park Lawn Elementary School (Oconomowoc) Oconomowoc Area School District public 454 Not Provided Park Lawn Elementary School GreatSchools Rating
Summit Elementary School (Oconomowoc) Oconomowoc Area School District public 551 Not Provided Summit Elementary School GreatSchools Rating
Wales Elementary School (Wales) Kettle Moraine School District public 307 Not Provided Wales Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Kettle Moraine Middle School (Dousman) Kettle Moraine School District public 893 Not Provided Kettle Moraine Middle School GreatSchools Rating
Nature Hill Intermediate School (Oconomowoc) Oconomowoc Area School District public 807 Not Provided Nature Hill Intermediate School GreatSchools Rating
Silver Lake Intermediate School (Oconomowoc) Oconomowoc Area School District public 732 Not Provided Silver Lake  Intermediate School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
High School Of Health Sciences (Wales) Kettle Moraine School District charter 0 Not Provided High School Of Health Sciences GreatSchools Rating
Kettle Moraine High School (Wales) Kettle Moraine School District public 1292 Not Provided Kettle Moraine High School GreatSchools Rating
Km Global School (Wales) Kettle Moraine School District charter 43 Not Provided Km Global School GreatSchools Rating
Oconomowoc High School (Oconomowoc) Oconomowoc Area School District public 1487 Not Provided Oconomowoc High School GreatSchools Rating
School For Arts And Performance (Wales) Kettle Moraine School District charter 135 Not Provided School For Arts And Performance GreatSchools Rating
St. John's NW Military Academy (Delafield) private 0 Not Provided St. John's NW Military Academy GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 8,110 394,355 5,687,217
Total Households 2,983 154,857 2,286,339
Total Families 2,263 110,170 1,476,860
Population Density 629 22,523 437,888
Percent Male 52% 49% 50%
Percent Female 48% 51% 50%
White Collar Jobs 78% 72% 55%
Blue Collar Jobs 22% 28% 45%

Top Occupations

Professions Population Employed
Healthcare 874
Sales 775
Management 744
Information, Scientific and Technical 730
Manufacturing 630
Education 570
Retail 561
Professional Services 371
Arts and Media 304
Transportation 252

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 3,186 162,576 2,620,437
Owner Occupied Housing Units 2,374 118,880 1,568,389
Renter Occupied Housing Units 610 35,979 717,965
Vacant Housing Units 198 7,779 334,086
Occupancy Rate 94% 95% 87%
Vehicles Per Housing Unit 2 53 1,560

Commute Time To Work

  City County State
Less than 5 minutes 81 5,440 128,186
5 - 14 minutes 905 19,726 375,199
15 - 29 minutes 1,505 31,424 444,712
30 - 44 minutes 624 27,101 288,387
45-59 minutes 251 13,157 143,851
Over 60 minutes 285 4,625 80,751

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 129 12,095 374,133
High School Graduate 797 69,586 1,258,952
Some College 1,129 59,487 808,107
Associates Degree 511 24,466 355,880
Bachelors Degree 1,754 71,668 663,912
Graduate Degree 961 26,247 242,975

Education Attainment


Market Conditions

Market Conditions for Delafield

September 2017

Median Sale Price
$412,450

 DOWN -15.80%
vs. Month Ago
Homes for Sale
94

  0.00%
vs. Month Ago
Homes Sold
16

 DOWN -30.43%
vs. Month Ago
Avg Days on Market
52

 DOWN -7.14%
vs. Month Ago

Median Sale Price

The median sale price for homes in September was $412,450. The median sales price for homes in September fell by ($77,450) compared to last month. This represents a 15.8% decrease from August. Compared to the same month last year, the median price of homes fell by ($90,050) representing a -17.92% 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 remained level in September to 94. Compared to the same month last year when there were 159 homes for sale, the inventory of homes for sale has fallen by 65 representing a -40.88% 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 remained level in September to 94. Compared to the same month last year when there were 159 homes for sale, the inventory of homes for sale has fallen by 65 representing a -40.88% 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 September (52) decreased by 4 days compared to August. This represents a 7.14% 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 43, a -45.26% 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 94.43% in September fell by 2.02% compared to August and decreased 0.09% 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 September (20) fell by 7 compared to August, a 25.92% change. Compared to September 2016, the number of new listings decreased by 7, a -25.92% 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 September was $554,900. The median list price for homes in September rose by $79,900 compared to last month. This represents a 16.82% increase from August. Compared to the same month last year, the median list price of homes increased $7,900 representing a 1.44% 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.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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