Commercial Real Estate Market in Hockessin, DE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
13 active listings and 131 off-market properties in Hockessin, DE. Commercial property asks $178/SF to buy and $25.00/SF/Yr to lease.
Market Trends
Hockessin, DE spans 13.2 square miles in New Castle County, Delaware. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Hockessin, DE runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Hockessin, DE runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hockessin, DE runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Hockessin, DE asks $186/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Hockessin, DE has 17,274 residents in 6,610 households. Density runs 1,310 people per square mile. Median household income here is $172,161 and median gross rent $2,230 a month.
17,274
Population
6,610
Households
2.6
Avg Household Size
48
Median Age
65%
College-Educated
98%
High-School Grad
13.2 sq mi
ZIP Area
1,310
Density / Sq Mi
$172,161
Median Household Income
$90,171
Median Earnings
$2,230
Median Rent
$534,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kennett Square | — | $17.43 |
| Avondale | — | — |
| Toughkenamon | — | — |
Commercial property in Hockessin, DE asks $178/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hockessin?
Commercial property in Hockessin, DE asks an average of $178 per square foot. Multifamily carries the highest asking price at $186/SF.
How much does it cost to lease commercial space in Hockessin?
Asking lease rates in Hockessin, DE average $25.00 per square foot per year.
Where does Realmo's Hockessin market data come from?
Realmo compiles Hockessin, DE figures from 2 recent recorded sales, 10 active sale listings, 3 active lease listings, 131 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 3 active for-lease listings in Hockessin, DE. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
