Hockessin, DE Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Hockessin, DE is $501,000, down 10.9% year-over-year. Homes sell in an average of 23 days with 16 active listings. The market is currently a seller's market.
$501,000median sale price
Is Hockessin a buyer's or seller's market?
Hockessin, DE is currently a seller's market, based on 2.3 months of supply and homes selling in about 23 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
23
Average pace
Active listings
16
2.3 months supply
Sale-to-list
96.4%
Below asking
Hockessin, DE market data
| Metric | Value |
|---|---|
| Median sale price | $501,000 |
| Median list price | $500,000 |
| Year-over-year price change | -10.9% |
| Average days on market | 23 days |
| Active inventory | 16 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 96.4% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Hockessin housing market is currently classified as a seller's market with a median sale price of $501,000. Prices have fallen 10.9% compared to last year, with homes spending an average of 23 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Hockessin
There are currently 16 homes listed for sale in Hockessin, Delaware. The median listing price is $500K.
Active listings
16
Homes on market
Median list price
$500K
Avg. days on market
23
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Hockessin?
The median home sale price in Hockessin is $501,000, down 10.9% from last year.
How long do homes stay on market in Hockessin?
Homes typically spend 23 days on market before going under contract.
Is Hockessin a buyer's or seller's market?
With 2.3 months of supply, Hockessin is currently a seller's market.
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