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Hockessin, DE

Full City Profile · Delaware · Chester County County

4.0 /5.0
A Great
13,608 Population 1,355/sq mi density
$172,695 Median Income $73,706 per capita
$550,200 Home Value $589,990 Zillow
$2,980 Median Rent 30.9% income on rent
53°F Avg Temperature 290 sunny days/yr
356 Violent Crime/100K 2,025 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$172,695 median income, 1.6% unemployment
A+
Affordability
4.9 / 5.0
$550,200 home value, $2,980/mo rent
F
Safety
1.0 / 5.0
356 violent crimes/100K
A+
Education
5.0 / 5.0
65.9% bachelor's degree or higher

Housing Overview

Median Home Value
$550,200
95% above
US avg: $281,900
Median Rent
$2,980/mo
156% above
US avg: $1,163/mo
Homeownership Rate
91.4%
40% above US avg (65.4%)
Total Housing Units
5,140
Median year built: 1982

Home Value by Source

Census Median
$550,200
Zillow (ZHVI)
$589,990
Median Sale Price
$501,000
Median List Price
$500,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.4%
Owner-Occupied
8.6%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,205/mo
1 Bedroom
$1,250/mo
2 Bedroom
$1,560/mo
3 Bedroom
$1,990/mo
4 Bedroom
$2,293/mo
Census median rent: $2,980/mo

Market Indicators (Redfin)

Median Days on Market
23 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
31.3%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
16
homes for sale

Affordability & Housing Stock

Rent Burden
30.9%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
91.4%

Complete Housing Data

Home Values

Census Median Value$550,200
Zillow Home Value (ZHVI)$589,990
Median Sale Price$501,000
Median List Price$500,000
Price Per Sq Ft$171

Rent

Census Median Rent$2,980
FMR Studio$1,205
FMR 1-Bedroom$1,250
FMR 2-Bedroom$1,560
FMR 3-Bedroom$1,990
FMR 4-Bedroom$2,293

Market

Days on Market23
Sale-to-List Ratio1.0%
Price Drops31.3%
Homes Sold7
Active Inventory16
Price Per Sq Ft$171

Ownership & Stock

Owner-Occupied91.4%
Renter-Occupied8.6%
Homeownership Rate91.4%
Total Housing Units5,140
Median Year Built1982
Rent Burden30.9%