Commercial Real Estate Market in Delafield, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 227 off-market properties in Delafield, WI. Commercial property asks $354/SF to buy and $19.00/SF/Yr to lease.
Market Trends
Delafield, WI spans 11.2 square miles in Waukesha County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Delafield, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Delafield, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Delafield, WI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Delafield, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.9%
- Open space 13.8%
- Civic 8.4%
- Commercial 6.2%
- Planned_development 4.9%
- Agricultural 4.5%
- Industrial 1.3%
Largest Zones share of zoned land by district
Two Acre Rural Estate
Conservancy
Agricultural And Residential Holding
One Acre Rural Estate
Public And Semi Public Use
Delafield, WI zones 6,068 acres across 29 districts. Commercial zoning covers 6.2% of zoned land, residential 60.9%, open space 13.8% and industrial 1.3%. The largest single district is Two Acre Rural Estate at 14.9%. For commercial buyers the practical constraint is that only 7.6% of land carries a commercial or industrial designation.
Conservancy (C-1)
C-1 Conservancy District. (1) Intent. The C-1 Conservancy District is intended to preserve, protect and enhance the ponds, streams, islands, wetlands and public parklands in the city. This district has been applied to wetland areas and other high value resource lands in accordance with the city's comprehensive plan. Filling, dumping and drainage are prohibit…
Market overview
Demographics & Economy
Delafield, WI has 7,396 residents in 3,431 households. Density runs 659 people per square mile. Median household income here is $130,511 and median gross rent $1,492 a month.
7,396
Population
3,431
Households
2.2
Avg Household Size
49
Median Age
54%
College-Educated
99%
High-School Grad
11.2 sq mi
ZIP Area
659
Density / Sq Mi
$130,511
Median Household Income
$62,037
Median Earnings
$1,492
Median Rent
$485,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nashotah | — | — |
| Chenequa | — | — |
| Okauchee | — | — |
| Wales | — | — |
Commercial property in Delafield, WI asks $354/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Delafield?
Commercial property in Delafield, WI asks an average of $354 per square foot.
How much does it cost to lease commercial space in Delafield?
Asking lease rates in Delafield, WI average $19.00 per square foot per year.
What zoning applies to commercial property in Delafield?
Delafield, WI zones 6,068 acres across 29 districts, of which 6.2% is commercial and 1.3% industrial. The largest single district is Two Acre Rural Estate at 14.9% of zoned land. Residential zoning covers 60.9% and open space 13.8%.
Where does Realmo's Delafield market data come from?
Realmo compiles Delafield, WI figures from 7 recent recorded sales, 13 active sale listings, 7 active lease listings, 227 tracked off-market properties, the current Delafield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 7 active for-lease listings in Delafield, WI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,068 zoned acres across 29 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
