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Pike Creek Valley

Learn about the people, housing, costs and businesses in Pike Creek Valley, Delaware

Median Home$340,637
Median Rent$1,723/month
Population11,847
Leading IndustriesFinance & Insurance · Information & Media · Healthcare8% finance & insurance
Home Value Growth⬆⬆+17.9% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners64% of occupied units
NotableHigh Incomes$102k/year · top 16% nationally
Pike Creek Valley
DE

Explore Pike Creek Valley

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Pike Creek Valley?

As of today, the 30-year fixed mortgage rate for Pike Creek Valley is approximately 6.933% (6.970% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Pike Creek Valley?

The median home value in Pike Creek Valley is $341k. The median monthly rent is $1,723. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pike Creek Valley?

Home values in Pike Creek Valley have increased 17.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Pike Creek Valley?

Based on a typical all-in ownership cost of $1,609/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pike Creek Valley is $102k/year.

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What industries drive the economy in Pike Creek Valley?

The largest employment sectors in Pike Creek Valley are public administration (23%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.