Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hockessin area can be challenging. Home prices in Hockessin are now at a median cost of $452,126, higher than the Delaware average of $282,938.
The average cost of rent is $1,953/mo in Hockessin, primarily driven by the current value of real estate in the Hockessin area. While nearly 30.55% of residents own their homes outright in Hockessin, 9.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hockessin is $12,612 per month. Households that rent pay about 15.49% of their income on rent here. Hockessin's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Yorklyn, DE: higher priced homes
- Landenberg, PA: equally priced homes
- Toughkenamon, PA: less expensive homes
- Winterthur, DE: higher priced homes
- Avondale, PA: less expensive homes
- Kennett Square, PA: equally priced homes
- Elsmere, DE: less expensive homes
- Newport, DE: less expensive homes
- Mendenhall, PA: equally priced homes
- Rockland, DE: higher priced homes
Cities with Similar Populations
- Rogersville, TN: less expensive homes
- Holly Springs, GA: less expensive homes
- Hopkinton, MA: higher priced homes
- Hot Springs Village, AR: less expensive homes
- Indianola, IA: less expensive homes
- Jackson, WY: higher priced homes
- Portsmouth, RI: equally priced homes
- Purcellville, VA: higher priced homes
- Randleman, NC: less expensive homes
- Red Hill, SC: less expensive homes
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