Housing market · ZIP 56023

Delavan, MN Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$196,125

3-month+1.2%

6-month+5.0%

12-month+13.1%

Touse 12-month forecast

+4.5%

Projected median near $204,870 over the next 12 months

As of April 2026, the median home value in Delavan, MN (ZIP 56023) is $196,125. Prices are rising, up 13.1% over the past year. Touse's model projects a +4.5% change over the next 12 months, putting the median near $204,870.

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Nearby areas in Faribault

Blue Earth 56013 Bricelyn 56014 Easton 56025 Elmore 56027 Frost 56033 Huntley 56047 Kiester 56051 Minnesota Lake 56068

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.