Is Delavan, WI 53115 a buyer’s or seller’s market?

The Delavan housing market right now

In the three months ending August 31, 2026, 21% of homes in Delavan, WI 53115 sold above their list price, the typical home went under contract in 60 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 78 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold about as fast and the median sale price fell 3% to $349,849. Overall, Delavan is about as competitive as it was a year ago.

Within Walworth County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in 70%. On our competition score, Delavan ranks #279 of 319 WI ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Genoa City 53128 (17% sold over asking) or Lake Geneva 53147 (18% sold over asking), while Sharon 53585 (50% sold over asking) and East Troy 53120 (49% sold over asking) are even more competitive.