Delafield, Wisconsin housing market

City in Waukesha County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.

Delafield housing market at a glance (as of 2026-07-03)

Typical home value$757,187
1-year change+6.7%
5-year change+31.5%
Typical rentnot published

The typical home in Delafield, Wisconsin is worth about $757,187 as of 2026-07-03, up 6.7% over the past year and up 31.5% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.

The City of Delafield posts a typical home value of $757,187 as of April 30, 2026, ranking 3 of 27 municipalities in Waukesha County. That is $223,085 — about 42% — above the county median of $534,102, and roughly 66% above the seven-county regional median of $455,834.

ZIP-level data adds a second reference point. Within the 53018 ZIP code, the typical value is $675,763, about $81,000 below the citywide figure — a reminder that ZIP boundaries and municipal boundaries cover different footprints. The same ZIP shows a typical rent of $2,045 per month.

Values climbed 6.7% in the past year and 31.5% over five years.

The Delafield market in detail

Delafield trades in a narrow band with its Lake Country neighbors. Summit ($765,778) is about $8,600 above it; Nashotah ($727,339), Elm Grove ($697,367), and Hartland ($669,294) sit below. The full spread from Summit down to Hartland is under $100,000 — tight for a five-market tier.

The five-year gain of 31.5% implies an average pace of roughly 5.6% per year compounded, and the latest twelve-month figure of 6.7% lands just above that. Growth has been consistent rather than spiky. As always, the trend to date does not guarantee future results.

The $2,045 monthly rent recorded in ZIP 53018 gives renters and would-be landlords a documented benchmark, though a municipality-wide rent figure and gross yield are not available in the current data.

Delafield home values by ZIP code

ZIP codeTypical home value1-year changeTypical rent
53018$675,763+6.3%$2,045/mo

What actually sold in Delafield (12 months ending June 2026)

Homes sold (arms-length, single-family)131
Median sale price$640,000
Middle 50% of sales$325,000 to $1,043,850
Government-backed financing (FHA/VA/USDA)0.8%
Seller-financed0%

Over the 12 months ending June 2026, 131 single-family homes sold in Delafield, Wisconsin in arms-length transactions, at a median price of $640,000. Half of those sales fell between $325,000 and $1,043,850. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.

Zillow’s typical-home-value estimate for Delafield is $757,187, while homes that actually changed hands had a median price of $640,000 — a difference of -15.5%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.

Buying and selling in Delafield

Buyers weighing Delafield have an unusually clean set of comparables: within its own county, three peers trade within $60,000 above or below it, so the decision often comes down to a specific property rather than a market-level discount. The 53018 figure of $675,763 shows that parts of the broader ZIP price below the citywide $757,187, which is worth understanding when reviewing listings near the city edge.

Sellers benefit from a third-place county rank and five consecutive years of documented appreciation totaling 31.5%. With Summit priced within about 1% of Delafield, pricing precision matters — buyers can and do cross-shop the two. Recent gains support current comps, but they are not a promise of what a given home will fetch.

Life in Delafield

Delafield's downtown runs along Genesee and Main Streets between Lake Nagawicka and the Bark River, with shops, restaurants, and Cushing Memorial Park on the riverbank. St. John's Northwestern Academies' stone campus overlooks the lake, and the Lapham Peak unit of the Kettle Moraine State Forest, with its observation tower and Ice Age Trail segments, is just south of I-94.

Annual events and festivities in Delafield

Delafield Farmers Market — Saturdays, May–Oct
Saturday-morning market in the Main Street city lot with produce, flowers, baked goods, and live music through the growing season.
Downtown Delafield Block Party — July
Three evenings of live bands and food along a closed-off Main Street in downtown Delafield each summer.

Dates and details change year to year — check each event’s organizers for current schedules.

Delafield housing market: common questions

What is the typical home price in Delafield, WI?

$757,187 as of April 30, 2026, per the citywide figure. Within ZIP 53018 the typical value is $675,763.

What is the average rent in Delafield?

The available data covers ZIP 53018, where the typical rent is $2,045 per month as of April 30, 2026.

Is Delafield more expensive than the Waukesha County average?

Yes. Delafield's typical value of $757,187 runs $223,085 above the county median of $534,102 — about a 42% premium — and it ranks 3 of 27 county municipalities.

How much have Delafield home values increased in 5 years?

31.5% over the five years ending April 30, 2026, including 6.7% in the most recent year.

More Waukesha County area guides

All Southeast Wisconsin area guides

Delafield real estate agent: talk to Kinan Sawar, MD

Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.

How to choose a real estate agent in Delafield and Milwaukee — a five-question checklist

Get a free Delafield home valuation · Contact Kinan Sawar

Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.