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Delano, MN

Full City Profile · Minnesota · Wright County County

3.9 /5.0
B+ Good
6,712 Population 1,356/sq mi density
$118,091 Median Income $49,259 per capita
$347,500 Home Value $433,242 Zillow
$909 Median Rent 31.2% income on rent
45°F Avg Temperature 258 sunny days/yr
22 Violent Crime/100K 736 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$118,091 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$347,500 home value, $909/mo rent
F
Safety
1.0 / 5.0
22 violent crimes/100K
A+
Education
4.6 / 5.0
44.7% bachelor's degree or higher

Housing Overview

Median Home Value
$347,500
23% above
US avg: $281,900
Median Rent
$909/mo
22% below
US avg: $1,163/mo
Homeownership Rate
77.3%
18% above US avg (65.4%)
Total Housing Units
2,425
Median year built: 1992

Home Value by Source

Census Median
$347,500
Zillow (ZHVI)
$433,242
Median Sale Price
$434,680
Median List Price
$446,965
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.3%
Owner-Occupied
22.7%
Renter-Occupied
77%
23%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $909/mo

Market Indicators (Redfin)

Median Days on Market
96 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
22
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$186
Active Inventory
54
homes for sale

Affordability & Housing Stock

Rent Burden
31.2%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
77.3%

Complete Housing Data

Home Values

Census Median Value$347,500
Zillow Home Value (ZHVI)$433,242
Median Sale Price$434,680
Median List Price$446,965
Price Per Sq Ft$186

Rent

Census Median Rent$909
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market96
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold22
Active Inventory54
Price Per Sq Ft$186

Ownership & Stock

Owner-Occupied77.3%
Renter-Occupied22.7%
Homeownership Rate77.3%
Total Housing Units2,425
Median Year Built1992
Rent Burden31.2%