Hockessin, DE 19707 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hockessin, DE—19707

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$585,000

5.1% YoY Growth

Household Income

$172,000

35.6% YoY Growth

Days on Market

9.0% Longer YoY

Home Price Forecast

2.5%

Median Rent

$2,900

4.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,780

3.7% YoY Growth

Home Price Trends — Hockessin, DE

As of Dec '25, the median home price in Hockessin, DE is $585,000, with a year-over-year change of 5.1%. This indicates that home prices in Hockessin, DE are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$585,000	5.1%
Single Family	$594,000	5.1%
Condos	$348,000	7.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hockessin, DE

As of July '25, Rentcast reports the average rent in Hockessin, DE is $3,020, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Hockessin, DE is 3-bedrooms: $2,780, 4-bedrooms: $3,340. The most common rental property sizes in Hockessin, DE are 3-bedroom and 1-bedroom, accounting for 44.6% and 27.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,900	$3,020
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,780	$2,780
4 Bed Rent	$3,200	$3,340

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% of Rental Stock

Studio

0.9%

1 Bedroom

27.3%

2 Bedrooms

16.2%

3 Bedrooms

44.6%

4 Bedrooms

11.0%

Property Listings — Hockessin, DE

As of Dec '25, Realtor.com reports that the median days on market for a home in Hockessin, DE is 43. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$650,000	-1.0%
Listing Count	42	40.0%
Listings as % of Homes	0.5%	40.0%
Days on Market	52	9.0%

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Demographics — Hockessin, DE

As of the latest ACS Survey released in 2023, Hockessin, DE has a population of 17,400, which has increased by 7.8% over the past 5 years. Hockessin, DE is a popular place for families, as children make up 25.3% of the population. The area has a highly educated workforce, with 65.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,400	7.8%
% Under 18	25.3%	19.9%
% Seniors	21.5%	-3.2%
% WFH	24.3%	252.2%
% w/ College Degree	65.0%	-2.8%

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As of the latest ACS Survey released in 2023, Hockessin, DE is a predominantly white area, with 78.2% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Hockessin, DE is asian, making up 10.3% of the population. Foreign-born residents account for 10.0% of the population in Hockessin, DE, and this percentage has decreased by 34.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	78.2%	-3.6%
% Black	1.9%	-42.4%
% Hispanic	3.8%	171.4%
% Asian	10.3%	-17.6%
% Foreign Born	10.0%	-34.2%

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Mortgage and Risk — Hockessin, DE

According to HUD data as of 2023, there were 358 mortgage originations in Hockessin, DE, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Hockessin, DE. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	358
% Conventional Loans	94.0%
% Government Loans	6.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Hockessin, DE

Hockessin, DE lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	10
Total Units Section 8	1
% Rentals under Section 8	0.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,900
2 Bedroom	N/A	N/A	$2,280
3 Bedroom	-$20	$2,780	$2,760
4 Bedroom	-$20	$3,200	$3,180

Hockessin, DE—19707

Key Metrics at a Glance

Home Price Trends — Hockessin, DE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hockessin, DE

% of Rental Stock

Property Listings — Hockessin, DE

Demographics — Hockessin, DE

Race and Ethnicity

Mortgage and Risk — Hockessin, DE

Mortgages

Rentals and Section 8 — Hockessin, DE

Section 8 Market Size

Section 8 Opportunity

Affordability — Hockessin, DE

Home Price to Income Ratio

Hockessin, DE — ZIP Code Boundary Map

Nearby ZIP Codes

Wilmington, DE

Wilmington, DE

Toughkenamon, PA

Kennett Square, PA

Wilmington, DE

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$585,000
Median Household Income	$172,000

Hockessin, DE—19707

Key Metrics at a Glance

Home Price Trends — Hockessin, DE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hockessin, DE

% of Rental Stock

Property Listings — Hockessin, DE

Demographics — Hockessin, DE

Race and Ethnicity

Mortgage and Risk — Hockessin, DE

Mortgages

Rentals and Section 8 — Hockessin, DE

Section 8 Market Size

Section 8 Opportunity

Affordability — Hockessin, DE

Home Price to Income Ratio

Hockessin, DE — ZIP Code Boundary Map

Nearby ZIP Codes

Wilmington, DE

Wilmington, DE

Toughkenamon, PA

Kennett Square, PA

Wilmington, DE

Frequently Asked Questions

What is the average home price in Hockessin, DE 19707?

How have home prices in Hockessin, DE 19707 changed over the past year?

What is the home price projection for Hockessin, DE 19707?

What are the demographics of Hockessin, DE 19707?

How long does it take homes to sell in Hockessin, DE 19707?

What is the average rent price in Hockessin, DE 19707?