Pike Creek Real Estate

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Pike Creek, Delaware
Average Home Sizes and Asking Prices

Updated On: December 10, 2017
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
19808 1,400 sf $461,000 900 sf $244,000 171 0 $280,000 0 $209,000 41

19808 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  49   $223k
 1 Year Ago  57   $264k
 6 Months Ago   54   $252k
 1 Month Ago  86   $254k
 Today  83   $243k
*Averaged for 3 bedroom active listings

Asking Price in 19808 - 3 Bedroom Single Family Homes
19808 real estate listing price trend

19808 sold real estate price trend
Demographics & Schools Mortgage Info Area Map

Pike Creek Real Estate & Homes for Sale in Delaware

Pike Creek is an upscale, residential community of about 20,000 people located in New Castle County about 30 minutes from the city of Wilmington and adjacent to Hockessin. Pike Creek features a central location, quiet lifestyle, and great housing options, including detached, single-family homes, modern townhouses, condominiums and apartments. The community was established in the 1960s with the development of subdivisions near the intersection of New Linden Hill and Polly Drummond Roads.
Since then, Pike Creek has become an increasingly popular choice for home seekers.

As the population has grown, the community has remained almost exclusively residential. A few office parks and retail shopping centers provide the daily necessities, while larger shopping areas and industrial spaces are located in neighboring cities. While the commercial space with Pike Creek is limited, the community's central location allows for a relatively easy drive to work. The average commuting time for Pike Creek residents is about 27 minutes.

Public schooling is provided by the Red Clay Consolidated School District, which also serves the communities of Wilmington, Hockessin and Newark. Pike Creek's parks, trails, fitness and swimming clubs, and bowling centers serve as the venues for in-town recreation.

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Price Range of Pike Creek Houses

The Pike Creek real estate market has a relatively large selection of modern townhouses, condominiums and apartments. Combined with affordable home prices and a great lifestyle, Pike Creek has become a popular choice for young, upwardly mobile, professionals. Pike Creek's condominium and townhouse units are priced starting from the low $140,000s while prices for Pike Creek homes range between $110,000 and $950,000. The homes in Pike Creek are generally large and traditional in style, keeping with the architectural direction for homes in the 1960s and 1970s. Most homes are on lots of about one-fifth of an acre, but larger parcels are available.

Pike Creek Real Estate Stats and Trends for the week of December 4th, 2017: homes priced around $243,784 compared to $248,466 the previous week, showing a decrease of less than -2%.  For Sunday, December 10th, the current national mortgage rate for a 30 year fixed mortgage is 3.88%; the 15 year fixed rate is at 3.20%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.13%, while the 15 year jumbo rate currently is at 3.89%.

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