Hickory Ridge, DE—19950
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hickory Ridge, DE
As of Oct '25, the median home price in Hickory Ridge, DE is $354,000, with a year-over-year change of -0.3%. This indicates that home prices in Hickory Ridge, DE are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $354,000 | -0.3% |
| Single Family | $354,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $295,000 | -0.7% |
3 Bed | $362,000 | 0.8% |
4 Bed | $458,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hickory Ridge, DE
As of July '25, Rentcast reports the average rent in Hickory Ridge, DE is $2,130, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Hickory Ridge, DE is 3-bedrooms: $2,200, 4-bedrooms: $2,000. The most common rental property sizes in Hickory Ridge, DE are 2-bedroom and 3-bedroom, accounting for 48.8% and 30.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Hickory Ridge, DE
As of Oct '25, Realtor.com reports that the median days on market for a home in Hickory Ridge, DE is 54. This is a decrease of -21.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $445,000 | 6.0% |
Listing Count | 32 | -12.0% |
| Listings as % of Homes | 1.0% | -12.0% |
Days on Market | 54 | -21.0% |
Demographics — Hickory Ridge, DE
As of the latest ACS Survey released in 2023, Hickory Ridge, DE has a population of 7,820, which has increased by 4.1% over the past 5 years. Hickory Ridge, DE is a moderately popular place for families, as children make up 18.5% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,820 | 4.1% |
% Under 18 | 18.5% | -21.9% |
% Seniors | 18.6% | 6.9% |
% WFH | 8.2% | -31.7% |
% w/ College Degree | 18.5% | 72.9% |
As of the latest ACS Survey released in 2023, Hickory Ridge, DE is a predominantly white area, with 76.6% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Hickory Ridge, DE is black, making up 10.9% of the population. Foreign-born residents account for 6.1% of the population in Hickory Ridge, DE, and this percentage has increased by 117.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.6% | -2.9% |
% Black | 10.9% | -34.7% |
% Hispanic | 8.0% | 122.2% |
% Asian | 2.1% | 200.0% |
% Foreign Born | 6.1% | 117.9% |
Mortgage and Risk — Hickory Ridge, DE
According to HUD data as of 2023, there were 45 mortgage originations in Hickory Ridge, DE, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Hickory Ridge, DE. Investor activity is low, as 4.0% 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 | 45 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hickory Ridge, DE
Hickory Ridge, DE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,130 |
| 2 Bedroom | N/A | N/A | $1,470 |
| 3 Bedroom | -$300 | $2,200 | $1,900 |
| 4 Bedroom | $300 | $2,000 | $2,300 |
Affordability — Hickory Ridge, DE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $354,000 |
| Median Household Income | $75,000 |