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

As of May '26, the median home price in Hockessin, DE 19707 is $608,000, based on Zillow home estimates.

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

As of May '26, home prices have increased 5.0% over the past year, according to Zillow home estimates data.

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

As of May '26, Zillow projects home prices in Hockessin, DE 19707 to increase 1.8% in the next year.

What are the demographics of Hockessin, DE 19707?

According to the latest Census, the demographics of Hockessin, DE 19707 are 78.2% White, 1.9% Black, 10.3% Asian, 3.8% Hispanic. The population is 17,400, with 25.3% under 18 years old.

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

According to Realtor.com, as of May '26, the median home in Hockessin, DE 19707 is on the market for 22 days. This is an increase of 58.0% from last year.

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

The average rent price in Hockessin, DE 19707, as of the latest data, is $3,020. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is N/A, $2,780, and $3,340 respectively.

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Hockessin, DE—19707

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$608,000

5.0% YoY Growth

Household Income

$172,000

35.6% YoY Growth

Days on Market

58.0% Longer YoY

Home Price Forecast

1.8%

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 May '26, the median home price in Hockessin, DE is $608,000, with a year-over-year change of 5.0%. This indicates that home prices in Hockessin, DE are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$608,000	5.0%
Single Family	$617,000	4.8%
Condos	$339,000	1.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$579,000	-11.0%
Listing Count	50	51.0%
Listings as % of Homes	0.5%	51.0%
Days on Market	22	58.0%

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%

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%

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

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

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

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%

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$608,000
Median Household Income	$172,000