Population: 518 · Density: 3.5/mi² · Median household income: $74,531
Typical home value: $122,018 · Homeownership: 84.5%
Data as of January 2026. Source: Realtor.com.
The DELAVAN, MN real estate market (56023) currently shows 2 active listings, with 2 pending sales. Homes are averaging 134 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 134 days on market compared to 41 days last year.
The median listing price has risen 99.9% year-over-year, from $140,000 to $279,900.
Whether you are buying or selling in DELAVAN, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56023 | Delavan, MN 56023 | 0.0 mi | 2 | $559,800 | $279,900 | $279,900 |
| 56098 | Winnebago, MN 56098 | 8.5 mi | 11 | $1,784,046 | $139,700 | $162,186 |
| 56013 | Blue Earth, MN 56013 | 11.4 mi | 21 | $4,193,427 | $189,000 | $199,687 |
| 56068 | Minnesota Lake, MN 56068 | 12.1 mi | 3 | $452,250 | $150,750 | $150,750 |
| 56097 | Wells, MN 56097 | 15.3 mi | 10 | $1,588,560 | $159,900 | $158,856 |
| 56014 | Bricelyn, MN 56014 | 16.1 mi | 2 | $254,000 | $127,000 | $127,000 |
| 56037 | Good Thunder, MN 56037 | 17.0 mi | 4 | $1,272,900 | $316,950 | $318,225 |
| 56027 | Elmore, MN 56027 | 18.3 mi | 3 | $377,301 | $130,000 | $125,767 |
| 56078 | Pemberton, MN 56078 | 20.2 mi | 1 | $190,000 | $190,000 | $190,000 |
| 56088 | Truman, MN 56088 | 22.1 mi | 9 | $2,028,699 | $220,000 | $225,411 |
| 56032 | Freeborn, MN 56032 | 22.6 mi | 1 | $279,900 | $279,900 | $279,900 |
| 50556 | Ledyard, IA 50556 | 24.0 mi | 0 | $0 | $169,900 | $169,900 |
| 56001 | Mankato, MN 56001 | 24.9 mi | 108 | $42,899,976 | $319,900 | $397,222 |
As of January 2026, there are 2 active listings in DELAVAN, MN (zip code 56023), compared to 2 the prior year.
The median listing price in DELAVAN, MN 56023 is $279,900 as of January 2026, a 99.9% increase from $140,000 the prior year.
Homes in DELAVAN, MN 56023 spend an average of 134 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of January 2026, DELAVAN, MN 56023 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 134 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in DELAVAN, MN 56023 save an estimated $5,598 compared to a typical 5% commission on the median listing price of $279,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.