Market Overview
Home Prices in Delavan, MN
The median home value in Delavan, MN is $207,377 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.4% compared to a year ago and up 13% from two years prior.
Compared to the U.S. national median of $410,000, homes in Delavan are priced49% below average.
Price History
Delavan Home Price Trend
2022
$161,630
$162K
—
2023
$161,776
$162K
+0.1%
2024
$161,841
$162K
+0.0%
2025
$182,887
$183K
+13.0%
2026
$207,377
$207K
+13.4%
City Comparison
Delavan vs. National Median
🏠 Delavan
$207,377
National Median
$410,000
At $207,377, homes in Delavan cost 49% below the national median of $410,000. This makes Delavan a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Delavan?
20% Down Payment
$41,475
on $207,377
Monthly P&I
$1,082/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,374/mo
incl. taxes & insurance
Income Needed
$54,960
gross annual (30% rule)
10% Down Option
$20,738
+ PMI applies
Loan Amount (20% dn)
$165,902
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Delavan, MN?
The median home value in Delavan is $207,377 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.4% year-over-year.
How much have home prices changed in Delavan?
Over the past year, home values in Delavan have increased by 13.4%.
How much do I need to earn to buy a home in Delavan?
To comfortably afford the median home price of $207,377 with a 20% down payment ($41,475) at today's rates (6.8%), you'd need a gross annual income of approximately $54,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Delavan compare to the national average home price?
The national median home value is approximately $410,000. At $207,377, homes in Delavan are 49% below the national average.