Home prices
The median home in Hockessin costs $441,200. In comparison to the surrounding areas it is about $41,820 (10%) higher.Compared to the country as a whole it is approximately $223,700 (102%) higher, and in comparison to the city of Philadelphia is about $278,200 (170%) higher.
Rents
The median rent in Hockessin is $1,785 a month. This is approximately $310 (21%) higher compared to other places in this area.In comparison to the US as a whole it is roughly $723 (68%) higher, and compared to the city of Philadelphia it is roughly $743 (71%) higher.
Nearby places
Pike Creek
Pike Creek is Hockessin's neighbor to the south. Housing prices there are a little less expensive. Pike Creek's median home cost is $343,300, which comes out to $97,900 (28%) lower than Hockessin. Its rents are similar. The median rent in Pike Creek is $1,795 a month, which is very similar to Hockessin.
North Star
North Star is Hockessin's neighbor to the southwest. Housing prices there are fairly similar. The median home cost in North Star is $445,900, which works out to $4,700 (1%) higher than Hockessin. The rent there is a little more expensive. North Star's median monthly rent is $1,882, which works out to $97 (5%) higher than Hockessin.
Greenville
Greenville is approximately 3 miles east from Hockessin. Real estate prices there are significantly more expensive. The median home in Greenville is valued at $692,000, which is $250,800 (36%) higher than Hockessin. The rent there is a bit less expensive. Greenville's median monthly rent is $1,365, which works out to $420 (30%) lower than Hockessin.
Pike Creek Valley
Pike Creek Valley is about 3 miles south of Hockessin. Real estate prices there are significantly less expensive. The value of the median home in Pike Creek Valley is $252,400, which comes out to $188,800 (74%) lower than Hockessin. Rents there are substantially less expensive. The median rent in Pike Creek Valley is $1,229 per month, which comes out to $556 (45%) lower than Hockessin.
Kennett Square
Kennett Square is approximately 4 miles north from Hockessin. Its real estate prices are substantially less expensive. The cost of the median home in Kennett Square is $263,300, which comes out to $177,900 (67%) lower than Hockessin. Rent there is substantially less expensive. The median rent in Kennett Square is $1,103 a month, which works out to $682 (61%) lower than Hockessin.