Is Delafield, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delafield is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Delafield has remained a Seller's Market.

Key Takeaway

Delafield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Delafield, WI

How much do homes in Delafield, WI cost?

Median Sold Price

$649,100

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$64,100(+11.0%)

Key Takeaway

Homes in Delafield have sold for 11% more than they did a year ago.

Summary: The median home sold price in Delafield was $649,100 in October 2024, up 11% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $196K$197.4K
+0.7%
2 $300K$308.5K
+2.9%
3 $536K$580K
+8.2%
4 $700K$720K
+2.9%
5+ $700K$1.2M
+82.1%

Summary: Delafield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 82.1%.

Median Sold Price Compared To Nearby Cities

Delafield
+11.0%
Summit
+10.7%

Housing Supply in Delafield, WI

How many homes are available in Delafield, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3634-5.6%

Summary: The Delafield real estate market had 34 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 1314
+7.7%
4 1010
0.0%
5+ 54
-20.0%

Summary: The Delafield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delafield, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Delafield in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for Delafield, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Delafield, WI

Nearby Markets to Delafield, WI

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