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Hockessin CDP, DE

ZIP 19707 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 19707

Median Home Value
$534,300
Median Rent
$2,203
Affordability Snapshot
$147,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,432/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 19707 in Hockessin CDP, DE, a household would need roughly $147,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,432. That sits below the local median household income ($172,161), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
86.3%+32% vs US avg
x
Vacancy Rate
4.7%-54% vs US avg
x
Broadband Access
96.6%+11% vs US avg
x
4+ Bedrooms
13.4%-10% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
22.1%-56% vs US avg
x
Mortgage-Free
34.3%-10% vs US avg
x
$534,300
Home Value
$2,203
Rent
1984
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached80.8%
  • 1-unit attached10.5%
  • 2-9 units0.0%
  • 10+ units8.2%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$534,300
Median rent$2,203
Owner-occupied86.3%
Vacant4.7%
Price-to-income3.1x
Est. income to buy$147,000