New Downward Trend in Contracts for Hockessin Real Estate Market

The Hockessin market saw 11 homes go under contract and failed to break out of an identifiable downward trend. Despite that, total home sales shot up to 12 over the last 30 days. Potential buyers should note that prices went up in Hockessin, with the median for this period rising from $347,250 to $361,125. Hockessin is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Hockessin:

$359K   $1M   $489K  

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

Demographic facts about Hockessin:

  • The average age of the population is 46 years old.
  • The health cost index score in this area is 104.7. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (17.4%), 15-29 min (45.6%), 30-44 min (24.8%), 45-59 min (4.6%), >60 min (7.5%).

Data reported through 10/12/2016


Ask a local expert about this area:
Bhhs Fox & Roach-Hockessin
Snapped 39 homes in this area
Re/Max Associates-Hockessin
Snapped 13 homes in this area
RE/MAX 1st Choice
Snapped 1 home in this area

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