#DENC2076790, KEITH J LAWSON, Listing Office: RE/MAX Associates
Hockessin Housing Market Report February 2025•New Castle County, Delaware
Housing Prices in Hockessin, DE
How much do homes in Hockessin, DE cost?
Housing Market Conditions
Is Hockessin, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hockessin is a Seller's Market
Difference Since February 2024
Since last year, Hockessin has remained a Seller's Market.
Hockessin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Hockessin have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Hockessin was $610,000 in February 2025, up 14.6% from last year, and the median price per square foot was $212.
Median Sold Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Hockessin | $532.5K | $610K | +14.6% |
Kennett Township | $577.5K | $645K | +11.7% |
Piedmont | $620.6K | $677.3K | +9.1% |
Pike Creek-Central Kirkwood | $350.1K | $364.8K | +4.2% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $325K | $354K | +8.9% |
33 Bedrooms | $453K | $415K | -8.4% |
44 Bedrooms | $620K | $647.4K | +4.4% |
55+ Bedrooms | $750K | $725K | -3.3% |
Summary: Hockessin housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +8.9%. The home price for 3 bedroom homes decreased by -8.4%. The home price for 4 bedroom homes increased by +4.4%. The home price for 5 bedroom homes decreased by -3.3%.
Housing supply in Hockessin, DE
How many homes are available in Hockessin, DE?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
24Last MonthFeb 2025 | ||
332 months agoJan 2025 | -27.3 % Change MoMJan – Feb |
Summary: The Hockessin real estate market had 24 homes for sale in Feb 2025, a 27.3 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
7Last MonthFeb 2025 | ||
152 months agoJan 2025 | -53.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 6 | 5 | -16.7% |
33 Bedrooms | 5 | 3 | -40.0% |
44 Bedrooms | 15 | 11 | -26.7% |
55+ Bedrooms | 7 | 5 | -28.6% |
Summary: Hockessin housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes decreased by -40.0%. The inventory for 4 bedroom homes decreased by -26.7%. The inventory for 5 bedroom homes decreased by -28.6%.
Asking Price vs. Sold Price
How much do homes in Hockessin, DE cost?
Over Asking Price4 Homes
At Asking Price3 Homes
Under Asking Price0 Home
If you're buying a home in Hockessin, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Hockessin in February 2025, down by 53.3% month-over-month. Of the 7 sold homes, 0% were sold under asking, 43% were sold at asking, and and 57% were sold over asking.
Days on Market for Hockessin, DE
How long does it take to sell a home in Hockessin, DE?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Many homes in Hockessin are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 7 homes were sold in Hockessin; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
17 DaysThis YearFeb 2025 | ||
16 Days1 year agoFeb 2024 | +0.8 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Hockessin had an average listing age of 17 days in Feb 2025, up by 0.8% compared to the previous year.
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Newest Listings in Hockessin, DE
What homes are available in Hockessin, DE?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 03/01/2023 - 03/01/2025
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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.