January's First-Time Homebuyer Report for Pike Creek

Pike Creek has a cost of living adjustment score of 132.6, which is expensive when compared to others in Delaware. Also, the area is considered very affluent with a median income of $99,972 per household. Homes in Pike Creek are relatively old with a median age of 26 years. Leading the list of best schools in the city are Wilson Elementary School and Skyline Middle School.

Culture

If you're interested in the nightlife, one of the most popular places to get a drink in Pike Creek, according to Foursquare, is Tyler Fitzgerald. If you'd like to grab some coffee, a popular spot is PureBread Deli. And finally, ACME Markets, Pike Creek Shopping Center, and Rite Aid are frequently visited places to shop.

Price Range

The median value of homes in Pike Creek is $278,200, making it one of the most valuable areas in Delaware. At the same time, the average list price of available homes is presently $248,051. The Pike Creek market saw sales remain flat this week with 24 homes sold over the last 30 days, while new listings climbed to 11.

Curious as to which homes have been getting the most attention in Pike Creek? These listings have stirred up interest and produced the most views:

$244K   $450K   $199K  

Typical Dwelling

A three-bedroom townhouse valued around $242,537 is considered a typical dwelling in Pike Creek. If a buyer was looking for a similar home, they would need good credit and a $48,507 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,167 and the property tax rate is $7.21 per $1,000 of taxable assessed value.

Get started right now by checking out Pike Creek homes for sale or reviewing Pike Creek real estate trends.


Data reported through 1/12/2017

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RE/MAX SUNVEST REALTY INC
5 reviews
Artisan Realty
Snapped 1 home in this area
Berkshire Hathaway HomeServices
Snapped 11 homes in this area

Agents that specialize in this area
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