Pike Creek Valley Housing Information
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| Index | Pike Creek Valley | Delaware | National |
| Median home price | $244,500 | $233,100 | $184,700 |
| Median rent asked | $1,118 | $1,039 | $949 |
| Avg. people per household | 2.0 | 2.6 | 2.6 |
| Owner occupied households | 62.0% | 70.9% | 63.6% |
| Renter occupied households | 38.0% | 29.1% | 36.4% |
Above is a snapshot look at the real estate market in Pike Creek Valley, DE. In Pike Creek Valley, DE, the median house price is $244,500, making the price 5% higher than that the average for Delaware. Therefore, the affordability of Pike Creek Valley, DE area real estate is less affordable than the real estate in other areas of Delaware. In addition, Pike Creek Valley, DE has a median rent price of $1,118; this price is 8% higher than that the average rental price for Delaware. 62.0% of residents in Pike Creek Valley, DE are homeowners, and the average amount of people who reside in each home is 2.0. Pike Creek Valley, DE has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Pike Creek Valley, DE real estate for sale.Pike Creek Valley Home Affordability
When looking for real estate in Pike Creek Valley, DE, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Pike Creek Valley, DE, the median price of a home is $244,500 and $72,188 is the median household income. This means that the home price to income ratio is 3.4x, a ratio that is 11% lower than the average in Delaware. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Pike Creek Valley, DE will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Pike Creek Valley, DE.
Nearby cities with low home prices
| City, State | Population | Home Price | National Avg. |
| Lincoln University, PA | 1,819 | $0 | 100% |
| Cheyney University, PA | 663 | $0 | 100% |
| Marcus Hook, PA | 2,420 | $78,800 | 57% |
| Linwood, PA | 3,461 | $95,100 | 49% |
| Salem, NJ | 4,931 | $96,600 | 48% |
| Pike Creek Valley, DE | 10,077 | $244,500 | 32% |
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Cities with similar population
| City, State | Population | Home Price | National Avg. |
| Mayfield, KY | 10,078 | $85,000 | 54% |
| Naranja, FL | 10,068 | $128,600 | 30% |
| Coral Hills, MD | 10,087 | $185,700 | 1% |
| Fairmount, NY | 10,087 | $122,700 | 34% |
| Atmore, AL | 10,067 | $96,100 | 48% |
| Pike Creek Valley, DE | 10,077 | $244,500 | 32% |
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Source: The Pike Creek Valley, DE housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).