Market Summary

Hockessin, New Castle County, DE

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Median Home Price Price

$572,057 $572.1K

Median Monthly Rent Rent

$2,799 $2.8K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within New Castle County

Region Price Rent GRM Display
$401,414 $2,181 15.0x
$351,272 $1,990 15.0x
$314,658 $1,488 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets within DE outside of New Castle County

Region Price Rent GRM Display
$329,383 $1,521 18.0x
$387,794 $1,525 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of DE

Region Price Rent GRM Display
$375,236 $1,846 17.0x
$513,114 $2,812 15.0x
$431,469 $2,165 17.0x
$324,832 $1,455 19.0x
$761,420 $2,659 24.0x
$371,080 $1,660 19.0x
$431,825 $2,482 14.0x
$283,647 $1,592 15.0x
$4,354,119 $2,807 129.0x
$299,156 $1,496 17.0x
$355,444 $1,655 18.0x
$396,754 $1,866 18.0x
$301,860 $1,378 18.0x
$249,854 $1,400 15.0x
$816,913 $2,681 25.0x
$359,236 $1,718 17.0x
$396,692 $2,728 12.0x
$318,525 $1,863 14.0x
$315,187 $1,674 16.0x
$1,707,876 $2,809 51.0x
$233,033 $1,096 18.0x
$324,715 $1,537 18.0x
$392,886 $1,940 17.0x
$779,449 $2,394 27.0x
$259,568 $1,195 18.0x
$843,901 $2,596 27.0x
$314,196 $1,965 13.0x
$664,703 $3,055 18.0x
$354,870 $1,402 21.0x
$552,972 $2,810 16.0x
$401,863 $1,889 18.0x
$442,621 $2,367 16.0x
$453,469 $1,327 28.0x
$274,490 $1,599 14.0x
$502,941 $2,508 17.0x
$300,328 $1,073 23.0x
$293,604 $2,643 9.0x
$381,489 $1,944 16.0x
$762,469 $2,360 27.0x

Home prices

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Monthly rent

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GRM

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Hockessin

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Trend Insights

Median Rent in Hockessin, DE is $2,799, with MoM change +$28 and YoY change +$195 pointing to positive momentum while volatility is low (std $47).

Benchmark Markets Side by Side

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Metric
Base market Hockessin, DE
Compare market Select a market
Delta vs base
Median rent
$2,799
N/A
Median price
$572,057
N/A
YoY change
+$195
N/A
Price-to-rent
17.0x
Data unavailable
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