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Hockessin, DE Housing

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As of 2010-2014, median price of a house in Hockessin is $422,500, which is much higher than the state average of $232,900 and is much higher than the national average of $175,700. The Hockessin median house value has grown by 68.46% since 2000. The growth rate for the price of a house in Hockessin is lower than the state average rate of 78.60% and is higher than the national average rate of 46.91%. The median year that a house in Hockessin was built is 1983, which is about the same as the median year for a house built in the state which is 1982 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 4,362 Owner Occupied Houses in Hockessin, DE, #11

Hockessin, DE	422,500 USD
Delaware	232,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #62

Hockessin, DE	68.46%
Delaware	78.60%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Hockessin, DE	Delaware	U.S.
Total Housing Units	4,784, see rank, 100%	411,250	132,741,033
Occupied Housing Units	4,749, 99.27%, see rank	82.44%	87.55%
Owner Occupied	4,362, 91.18%, see rank	59.05%	56.34%
Renter Occupied	387, 8.09%, see rank	23.39%	31.21%
Vacant Housing Units	35, 0.73%, see rank	17.56%	12.45%
For Rent	0, 0.00%, see rank	2.42%	2.34%
For Sale Only	0, 0.00%, see rank	1.50%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.67%	0.92%
For Seasonal, Recreational, or Occasional Use	27, 0.56%, see rank	9.94%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	8, 0.17%, see rank	2.98%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #29

Hockessin, DE	Delaware	U.S.
1983	1982	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Hockessin, DE	%	Delaware	U.S.
Owner-Occupied Units	4,362	100%	242,860	74,787,460
With a Mortgage	3,253	74.58%, see rank	69.48%	65.58%
Without a Mortgage	1,109	25.42%, see rank	30.52%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Hockessin, DE	2,330 USD
Delaware	1,575 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Hockessin, DE	%	Delaware	U.S.
$299 or Less	0	0.00%, see rank	0.12%	0.20%
$300 to $499	0	0.00%, see rank	1.43%	1.59%
$500 to $699	47	1.44%, see rank	3.50%	5.01%
$700 to $999	86	2.64%, see rank	10.60%	14.32%
$1,000 to $1,499	437	13.43%, see rank	29.79%	27.90%
$1,500 to $1,999	691	21.24%, see rank	27.50%	20.35%
$2,000 to $2,999	1,220	37.50%, see rank	21.40%	19.52%
$3,000 or More	772	23.73%, see rank	5.68%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Hockessin, DE	19.80% of the Total Income
Delaware	23.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Hockessin, DE	%	Delaware	U.S.
10% or Less	201	6.18%, see rank	6.40%	5.86%
10% to 20%	1,444	44.39%, see rank	31.95%	31.95%
20% to 30%	789	24.25%, see rank	27.81%	27.64%
30% to 40%	374	11.50%, see rank	13.90%	13.74%
40% or More	426	13.10%, see rank	19.37%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Hockessin, DE	644 USD
Delaware	446 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Hockessin, DE	%	Delaware	U.S.
$199 or Less	20	1.80%, see rank	5.51%	7.76%
$200 to $299	14	1.26%, see rank	16.01%	14.70%
$300 to $499	223	20.11%, see rank	38.57%	34.63%
$500 to $699	381	34.36%, see rank	22.58%	21.16%
$700 or More	471	42.47%, see rank	17.33%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Hockessin, DE	10.00% of the Total Income
Delaware	11.10% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Hockessin, DE	%	Delaware	U.S.
10% or Less	602	54.28%, see rank	45.20%	40.19%
10% to 20%	330	29.76%, see rank	29.56%	31.47%
20% to 30%	88	7.94%, see rank	10.96%	12.24%
30% to 40%	62	5.59%, see rank	4.99%	5.64%
40% or More	27	2.43%, see rank	8.27%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Hockessin, DE	Delaware	U.S.
Total Housing Units	4,784, 100%	411,250	132,741,033
1-unit, Detached	4,199, 87.77%, see rank	58.42%	61.65%
1-unit, Attached	168, 3.51%, see rank	14.75%	5.82%
2 Units	0, 0.00%, see rank	1.56%	3.75%
3 or 4 Units	16, 0.33%, see rank	2.43%	4.43%
5 to 9 Units	17, 0.36%, see rank	3.83%	4.78%
10 or More Units	349, 7.30%, see rank	9.93%	13.08%
Mobile Home, Boat, RV, Van, etc.	35, 0.73%, see rank	9.07%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Hockessin, DE	Delaware	U.S.
Total Housing Units	4,784, 100%	411,250	132,741,033
1 Room	33, 0.69%, see rank	0.92%	1.95%
2 Rooms	0, 0.00%, see rank	0.90%	2.48%
3 Rooms	54, 1.13%, see rank	5.98%	9.13%
4 Rooms	82, 1.71%, see rank	12.21%	16.60%
5 Rooms	409, 8.55%, see rank	17.24%	20.41%
6 Rooms	249, 5.20%, see rank	19.55%	18.06%
7 Rooms	532, 11.12%, see rank	15.55%	12.27%
8 Rooms	909, 19.00%, see rank	11.93%	8.48%
9 Rooms or More	2,516, 52.59%, see rank	15.72%	10.60%
Median Rooms	9.00, see rank	6.20	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Hockessin, DE	Delaware	U.S.
Total Housing Units	4,784, 100%	411,250	132,741,033
No Bedroom	33, 0.69%, see rank	1.08%	2.17%
1 Bedroom	56, 1.17%, see rank	7.14%	11.16%
2 Bedrooms	312, 6.52%, see rank	21.21%	26.69%
3 Bedrooms	967, 20.21%, see rank	44.61%	39.70%
4 Bedrooms	2,810, 58.74%, see rank	21.78%	16.05%
5 or More Bedrooms	606, 12.67%, see rank	4.18%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Hockessin, DE	Delaware	U.S.
Total Housing Units	4,749, 100%	339,046	116,211,092
Utility Gas	2,558, 53.86%, see rank	40.46%	48.85%
Bottled, Tank, or LP Gas	158, 3.33%, see rank	10.27%	4.86%
Electricity	926, 19.50%, see rank	31.91%	36.68%
Fuel Oil, Kerosene, etc.	1,029, 21.67%, see rank	15.26%	5.86%
Coal or Coke	0, 0.00%, see rank	0.11%	0.12%
Wood	11, 0.23%, see rank	0.98%	2.12%
Solar Energy	0, 0.00%, see rank	0.04%	0.05%
Other Fuel	49, 1.03%, see rank	0.63%	0.47%
No Fuel Used	18, 0.38%, see rank	0.34%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Hockessin, DE	Delaware	U.S.
Occupied Units Paying Rent	322, 100%	91,438	39,201,928
$199 or Less	13, 4.04%, see rank	1.57%	1.50%
$200 to $299	0, 0.00%, see rank	2.87%	3.18%
$300 to $499	0, 0.00%, see rank	5.26%	7.37%
$500 to $699	58, 18.01%, see rank	8.25%	16.01%
$700 to $999	12, 3.73%, see rank	30.91%	29.17%
$1,000 to $1,499	83, 25.78%, see rank	37.49%	26.88%
$1,500 to $1,999	62, 19.25%, see rank	10.79%	9.79%
$2,000 or More	94, 29.19%, see rank	2.85%	6.10%
Median	$1,465, see rank	$1,012	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Hockessin, DE	Delaware	U.S.
Occupied Housing Units	4,749, 100%	339,046	116,211,092
No Vehicles Available	173, 3.64%, see rank	6.44%	9.12%
1 Vehicles Available	814, 17.14%, see rank	33.97%	33.80%
2 Vehicles Available	2,579, 54.31%, see rank	39.98%	37.48%
3 or More Vehicles Available	1,183, 24.91%, see rank	19.61%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.