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Hockessin, DE Real Estate


According to census data in the year 2000 there were 4,574 housing units in Hockessin.

Of those housing units, 4,447 were located in either urbanized areas or urban clusters, and 127 were located in what is classified as a rural area.

Homeownership rate in Hockessin is about 90.5%. Hockessin's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.84 people.

The majority of houses, apartments or condos in Hockessin were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom2.90%
Two Bedrooms6.50%
Three Bedrooms19.80%
Four Bedrooms58.70%
Five Bedrooms or more10.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1982
Median Value of occupied units$250,800
Median Price asked for vacant units$350,000

Rented Homes, Apartments and Condos

Average Household Size1.66
Median year structure was built1975
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.30%
Home Equity Loan15.40%
Simple Mortgage58.60%
Debt Free16.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%