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Single-family Foreclosures in Delavan, IL

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Delavan, IL Foreclosures

Current Market Conditions in in Delavan, IL As of March 2026?
In the past month, the Delavan real estate market has experienced a slight uptick in new listings and activity, suggesting increased interest in the area. Homes that are priced competitively have seen quicker sales, while those that are over-priced remain on the market for longer durations. Buyers are encouraged to act swiftly as bidding wars often arise for desirable properties.
How much do homes sell for in Delavan, IL?
The average home price is currently $205,962.
In Delavan, IL, how many homes are available?
There are currently 1 active home listings available in Delavan.
What’s the average rental cost in Delavan, IL?
The average rental price in Delavan is $1,293.
What is the most expensive home in Delavan?
The most expensive home sold in Delavan had a price of $2,744,566.
What is currently the cheapest priced home in Delavan, IL?
The cheapest home for sale in Delavan is priced at $10,895.

Living in Delavan, IL

Delavan, Illinois is a charming small town located in Tazewell County, known for its tight-knit community and scenic beauty. The town offers a mix of rural and suburban living with access to local amenities, parks, and schools. It's ideal for families and individuals looking for a peaceful place to call home while still being close to larger cities for work and play.

Buyer vs Seller Market in Delavan, IL

The Delavan real estate market has shown stability with a consistent demand for both single-family homes and rental properties. The town attracts homebuyers looking for affordable options compared to nearby urban markets. With ongoing developments in the area, property values have seen modest appreciation, indicating a healthy market environment for buyers and investors alike.

Home Value Estimator For Delavan, IL

There are currently 1,259 real estate properties in Delavan, IL, with a median automated valuation model (AVM) price of $158,937.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Delavan, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Delavan, IL, is $205,962.00, with the most expensive house in Delavan, IL, topping out at $2,744,566.00 and the cheapest home in Delavan, IL, clocking in at $10,895.00. In other words, there’s something for every potential homebuyer or savvy investor in Delavan, IL!

Rent Prices In Delavan, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Delavan, IL, is on a rollercoaster ride. The average rent price in Delavan, IL, is $1,293.00. Indeed, when looking to rent in Delavan, IL, you can expect to pay as little as $650.00 or as much as $2,540.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Delavan, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Delavan, IL Single-family Homes

Market Trend for Delavan, IL

Total Listings Available: 1

Market Values:

Home Prices from $10,895 to $2,744,566

Average Sales Price: $205,962

Rental Values:

Rental from $650 to $2,540

Average Rent Value: $1,293 / month

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