Hockessin, DE Foreclosures
How much do homes sell for in Hockessin, DE?
The average home price is currently $645,912.
In Hockessin, DE, how many homes are available?
There are currently 16 active home listings available in Hockessin.
What’s the average rental cost in Hockessin, DE?
The average rental price in Hockessin is $2,362.
What is the most expensive home in Hockessin?
The most expensive home sold in Hockessin had a price of $50,060,514.
What is currently the cheapest priced home in Hockessin, DE?
The cheapest home for sale in Hockessin is priced at $31,952.
Living in Hockessin, DE
Hockessin, DE, is a delightful suburban neighborhood offering a blend of picturesque scenery and strong community spirit. Residents benefit from excellent schools, local amenities, and a variety of recreational activities. Its proximity to Wilmington allows for both a peaceful retreat and easy access to city life.
Current Market Conditions in Hockessin, DE
The real estate market in Hockessin remains vibrant, driven by the attractiveness of the suburban lifestyle and quality of education available in the area. With an increase in demand, home prices have seen a steady rise, making it a competitive market for buyers.
Investors and homebuyers are drawn to Hockessin due to its family-friendly environment and spacious homes. Recent trends show a shift towards more modern, updated properties, while classic homes remain in high demand.”],
market_change_month
The past month has seen an increase in home sales in Hockessin, with various properties selling at or above listing prices. This trend indicates a continued demand for housing in the area, as interest from buyers remains strong. Realtors report that well-priced homes are attracting multiple offers, leading to competitive bidding situations. Overall, the market continues to reflect robust buyer interest fueled by low-interest rates and the appealing suburban lifestyle Hockessin offers.
market_change_year
Over the past year, Hockessin's real estate market has shown significant growth, with home values appreciating due to limited inventory and consistent demand. Buyers seeking homes in this desirable area have led to a tighter market, with homes often selling quickly. New construction has also contributed to the market dynamics, providing modern options for buyers. The area's reputation for quality schools and community engagement continues to drive interest from families and professionals.
Home Value Estimator For Hockessin, DE
There are currently 6,410 real estate properties
in Hockessin, DE,
with a median automated valuation model (AVM) price
of $636,791.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hockessin, DE, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hockessin, DE,
is $645,912.00, with the most expensive house
in Hockessin, DE, topping out
at $50,060,514.00 and the cheapest home
in Hockessin, DE,
clocking in at $31,952.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hockessin, DE!
Rent Prices
In Hockessin, DE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hockessin, DE, is on
a rollercoaster ride. The
average rent price in Hockessin, DE,
is $2,362.00. Indeed, when looking to rent in
Hockessin, DE, you can expect to pay as little
as $1,090.00 or as much
as $4,960.00,
with the average rent median estimated to
be $2,290.00. The good news is that finding
an affordable and desirable property to rent in Hockessin, DE
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
