City in Walworth County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $336,413 |
|---|---|
| 1-year change | +5.3% |
| 5-year change | +32.6% |
| Typical rent | $1,185 per month |
| Gross rent yield | +4.2% |
The typical home in Delavan, Wisconsin is worth about $336,413 as of 2026-07-03, up 5.3% over the past year and up 32.6% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Delavan is a below-median Walworth County market that has been moving. The typical home value of $336,413 ranks 19th of 21 municipalities in the county — nearly $110,000 under the county median of $446,069 — yet it gained 5.3% in the past year, on top of a 32.6% five-year rise.
Rent data is available here, which is not true of every nearby market. Typical rent runs $1,185 per month, and the resulting gross rent yield is 4.23% against the typical home value.
The regional context reinforces the value position: the seven-county median of $455,834 sits about $119,000 — 26% — above a typical Delavan home.
Only two Walworth County municipalities carry lower typical values than Delavan. Its listed neighbors mostly price higher: Darien at $346,181, Whitewater at $346,189, and Elkhorn at $348,465 — each roughly $10,000 to $12,000 above — while Genoa City is lower at $312,670. ZIP 53115 essentially mirrors the city, with a typical value of $337,428, about $1,000 apart.
The growth numbers pair a 32.6% five-year gain with a 5.3% trailing year — recent appreciation running at or slightly above the longer-term pace as of April 30, 2026. Historical gains are not a prediction of future ones.
On the rental side, $1,185 in monthly rent annualizes to $14,220, which against a $336,413 typical value yields 4.23% gross. Gross yield is before property taxes, insurance, maintenance, and vacancy — net returns are lower and depend on the specific property.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53115 | $337,428 | +5.0% | — |
| Homes sold (arms-length, single-family) | 174 |
|---|---|
| Median sale price | $284,169 |
| Middle 50% of sales | $175,250 to $409,527 |
| Government-backed financing (FHA/VA/USDA) | 2.9% |
| Seller-financed | 0.6% |
Over the 12 months ending June 2026, 174 single-family homes sold in Delavan, Wisconsin in arms-length transactions, at a median price of $284,169. Half of those sales fell between $175,250 and $409,527. 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 Delavan is $336,413, while homes that actually changed hands had a median price of $284,169 — 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.
For buyers, Delavan offers one of Walworth County's lowest municipal price points with recent momentum attached — 5.3% in a year means comparables age quickly, so lean on fresh data rather than last season's sales. The near-identical ZIP 53115 value ($337,428) means city and ZIP searches will surface consistent numbers here, unlike in some neighboring markets. Renters weighing a purchase can compare the $1,185 typical rent directly against ownership costs at $336,413.
For sellers, the setup is favorable on paper: a 32.6% five-year gain behind the market, a price point that undercuts Darien, Whitewater, and Elkhorn by about $10,000-$12,000, and a visible rental market that can bring investor interest alongside owner-occupants. The recent 5.3% pace supports confident — not inflated — pricing anchored to the current typical value. Market conditions change, and no past figure guarantees a future sale price.
Delavan's brick downtown along Walworth Avenue reflects the city's 19th-century circus-wintering history, with clown and giraffe monuments in Tower Park. Comus Lake sits at the edge of town and larger Delavan Lake lies just southwest, while Highway 50 runs east to Lake Geneva and US-14 connects to I-43.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value in the city of Delavan is $336,413 as of April 30, 2026, with ZIP 53115 nearly identical at $337,428. Values rose 5.3% over the past year.
Typical rent is $1,185 per month per data through April 30, 2026.
Yes — it ranks 19th of 21 municipalities by typical value, about $110,000 (roughly 25%) below the county median of $446,069.
4.23% — typical annual rent of $14,220 against the $336,413 typical value. That is a gross figure; taxes, insurance, maintenance, and vacancy reduce net returns, and past figures do not guarantee future performance.
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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 Delavan and Milwaukee — a five-question checklist
Get a free Delavan 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.