Why Live in Delavan Lake
Delavan Lake in southeast Wisconsin is a community with a rich circus history, known for being the winter home of numerous circuses in the 1800s and the resting place of Juliet, a famous elephant. The area has been a popular spot for summer homes since the late 19th century, with some early 1900s homes designed by Frank Lloyd Wright. Today, about 70% of lakefront homes are second homes, though more people are choosing to live there year-round. The neighborhood features a variety of home styles, including cottages, ranch-style, and custom-designed homes, with prices varying based on proximity to the lake. Condos built primarily in the 1990s and early 2000s are also available. Delavan Lake is safer than the national average and offers a family-friendly environment with parks and recreational sites like Delavan Community Park and Majestic Oaks Golf Course. The Delavan Lake Store and Lounge, along with several dining options, provide local shopping and entertainment. The area hosts numerous events throughout the year, including Lakefest and Winterfest. While the neighborhood is car-dependent, it has access to major roads like Interstate 43 and state Route 50. The Delavan-Darien School District serves the area, offering a Spanish/English dual language program and various career pathways at the high school level.
Home Trends in Delavan Lake, WI
On average, homes in Delavan Lake, WI sell after 65 days on the market compared to the national average of 50 days. The median sale price for homes in Delavan Lake, WI over the last 12 months is $362,521, up 34% from the median home sale price over the previous 12 months.
Median Sale Price
$362,521
Median Single Family Sale Price
$388,450
Median 2 Bedroom Sale Price
$360,000
Median 1 Bedroom Sale Price
$149,500
Average Price Per Sq Ft
$309
Number of Homes for Sale
20
Last 12 months Home Sales
48
Median List Price
$394,790
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
34%