Delavan, MN Home Values & Market Trends

Real estate market trends reflect that there have been 9 transactions over the past year in Delavan. The median value for residential home transactions that occurred over the previous year is $93,347. The number of current listings in Delavan is 2, and the percentage of properties for sale in the city is 2.00%. Delavan, MN currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 2 properties for sale.

Delavan, MN Real Estate Market Overview

ZipMedian Est. Value
56023

$ 148,602

$ 89/sqft

Housing Market Summary for Delavan, MN

Mar 2023March 2024Change
Median Listing Price$0$119.5K-
Median Sold Price$155.4K$119.5K-23.13%
Homes For Sale00-
Homes Sold36100.00%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Delavan, MN

Delavan home values range from $17,910 to $530,200. The median estimated value of a home in Delavan is $93,347. The median list price of a home is 204,850, and the total count of properties in the city is 184.

Foreclosure
There is 1 zips within Delavan, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $73,662 in 56023 to the lowest value of $61,723 in 56023. Foreclosure homes account for 1.00% of properties in Delavan, MN with 56023 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Delavan, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Delavan, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Delavan, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Delavan, MN. There is 1 zips within Delavan, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    56023 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Delavan, MN. Auction homes and other auction properties account for 1.09% of all properties in Delavan, MN. There is 1 zips within Delavan, MN; of that zips, the median estimated home value for homes going to auction ranges from $73,662 in 56023 to the lowest value of $61,723 in 56023.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.09% of residential properties in Delavan, MN with 56023 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Delavan, MN; homes for sale in that zips, have a range of median values from $225,702 in 56023 to the lowest value of $71,503 in 56023.
    Sold Homes
    The median value for recently sold homes ranges from $332,521 in 56023 to the lowest price of $44,645 in 56023. There is 1 zips within Delavan, MN. 56023 has 5 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.72% of properties in Delavan, MN.

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      Guide for Delavan, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
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      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Delavan, MN

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