Commercial Real Estate Market in Delavan, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 624 off-market properties in Delavan, WI. Commercial property asks $358/SF to buy and $18.60/SF/Yr to lease.
Market Trends
Delavan, WI spans 71.9 square miles in Walworth County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Delavan, 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 Delavan, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Delavan, 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 Delavan, 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 33.3%
- Industrial 23.2%
- Agricultural 15.1%
- Open space 13.4%
- Commercial 8%
- Civic 6.8%
Largest Zones share of zoned land by district
Residential Single Family 3
Rural Holding
Park And Recreation
Manufacturing Light
Manufacturing General
Delavan, WI zones 4,999 acres across 19 districts. Commercial zoning covers 8% of zoned land, residential 33.3%, open space 13.4% and industrial 23.2%. The largest single district is Residential Single Family 3 at 17.7%. For commercial buyers the practical constraint is that only 31.2% of land carries a commercial or industrial designation.
Residential Single Family 3 (RS-3)
Residential Single-Family-3 (RS-3) District. 1. Description and purpose. a. This district is intended to permit development which has a moderate-density, suburban community character. Density and intensity standards for this district are designed to ensure that the Residential Single-Family-3 (RS-3) District shall serve as a designation which preserves and p…
Market overview
Demographics & Economy
Delavan, WI has 15,884 residents in 8,848 households. Density runs 221 people per square mile. Median household income here is $70,880 and median gross rent $1,012 a month.
15,884
Population
8,848
Households
1.8
Avg Household Size
43
Median Age
25%
College-Educated
89%
High-School Grad
71.9 sq mi
ZIP Area
221
Density / Sq Mi
$70,880
Median Household Income
$38,871
Median Earnings
$1,012
Median Rent
$225,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Darien | — | — |
| Elkhorn | — | — |
| Williams Bay | — | — |
| Fontana | — | — |
Commercial property in Delavan, WI asks $358/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Delavan?
Commercial property in Delavan, WI asks an average of $358 per square foot.
How much does it cost to lease commercial space in Delavan?
Asking lease rates in Delavan, WI average $18.60 per square foot per year.
What zoning applies to commercial property in Delavan?
Delavan, WI zones 4,999 acres across 19 districts, of which 8% is commercial and 23.2% industrial. The largest single district is Residential Single Family 3 at 17.7% of zoned land. Residential Single-Family-3 (RS-3) District. 1. Description and purpose. a. This district is intended to permit development which has a moderate-density, suburban community character. Density and intensity standards for this district are designed to ensure that the Residential Single-Family-3 (RS-3) District shall serve as a designation which preserves and p… Residential zoning covers 33.3% and open space 13.4%.
Where does Realmo's Delavan market data come from?
Realmo compiles Delavan, WI figures from 7 recent recorded sales, 28 active sale listings, 6 active lease listings, 624 tracked off-market properties, the current Delavan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 6 active for-lease listings in Delavan, 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: 4,999 zoned acres across 19 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
