Delavan, MN housing market
The typical Delavan home is worth about $205,000, up 10.6% in a year, 42% below the Minnesota typical home.
Home values, sales, trends and how Delavan compares with the towns next door — updated as new data is published.
Delavan at a glance
Typical home value, 2022–2026
Show as a table
| January | Delavan | Minnesota |
|---|---|---|
| 2023 | $158,000 | $325,000 |
| 2024 | $158,000 | $331,000 |
| 2025 | $169,000 | $341,000 |
| 2026 | $199,000 | $349,000 |
| August 2026 | $205,000 | $351,000 |
Delavan and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Delavan | $205K | +10.6% | $980 | — | $81,667 |
| Delavan | — | — | $970 | 0 | $63,125 |
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Delavan is $980 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $680 · 4 bedrooms $1,330
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56023, 56098; Faribault County, MN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.