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Hickory Ridge, DE—19950

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$356,000
0.4% YoY Growth
Household Income
$75,000
45.8% YoY Growth
Days on Market
51
46.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$2,200
0.9% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,200
2.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hickory Ridge, DE

As of Dec '25, the median home price in Hickory Ridge, DE is $356,000, with a year-over-year change of -0.4%. This indicates that home prices in Hickory Ridge, DE are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$356,000-0.4%
Single Family $357,000-0.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$296,000-0.3%
    3 Bed
    		$363,0000.6%
    4 Bed
    		$457,0002.9%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.5%
    1 Bedroom
    3.1%
    2 Bedrooms
    21.6%
    3 Bedrooms
    55.0%
    4 Bedrooms
    14.1%
    5+ Bedrooms
    4.8%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,200$2,130
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $2,200$2,200
    4 Bed Rent $2,000$2,000
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    % of Rental Stock

    Studio
    6.3%
    1 Bedroom
    6.3%
    2 Bedrooms
    48.8%
    3 Bedrooms
    30.3%
    4 Bedrooms
    8.3%

    Property Listings — Hickory Ridge, DE

    As of Dec '25, Realtor.com reports that the median days on market for a home in Hickory Ridge, DE is 44. This is a decrease of -47.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$448,0006.0%
    Listing Count
    		26-6.0%
    Listings as % of Homes1.0%-6.0%
    Days on Market
    		51-46.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		7,8204.1%
    % Under 18
    		18.5%-21.9%
    % Seniors
    		18.6%6.9%
    % WFH
    		8.2%-31.7%
    % w/ College Degree
    		18.5%72.9%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,130
    2 BedroomN/AN/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

    MetricZip Code Average
    Home Price to Income Ratio4.5
    Median Home Price$356,000
    Median Household Income$75,000

    Hickory Ridge, DE — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Bridgeville, DE

    19933

    Fleming Corners, DE

    19952

    Houston, DE

    19954

    Ellendale, DE

    19941

    Lincoln, DE

    19960

    Frequently Asked Questions