Sussex County, DE Home Values & Market Trends

The median home price in Sussex County, DE is $475,483.96. There were 7,747 home sales in Sussex County, DE over the past 12 months. The median residential Sussex County, DE home value for transactions over the previous year is $321,368.845. The number of current listings in Sussex County, DE is 582, and the percentage of properties for sale is 582.00%. The county has 83 foreclosures, 9 bank owned properties, 12 headed for auction, and 582 properties for sale.

Sussex County, DE Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Lewes

$ 558,150

$ 253/sqft

Georgetown

$ 351,136

$ 190/sqft

Millsboro

$ 383,078

$ 179/sqft

Bridgeville

$ 394,562

$ 191/sqft

Rehoboth Beach

$ 922,577

$ 413/sqft

Bethany Beach

$ 1,245,696

$ 480/sqft

Milton

$ 480,210

$ 213/sqft

Ellendale

$ 327,405

$ 217/sqft

Milford

$ 351,258

$ 184/sqft

Millville

$ 506,994

$ 207/sqft

Seaford

$ 320,000

$ 183/sqft

Greenwood

$ 358,220

$ 170/sqft

Selbyville

$ 625,000

$ 282/sqft

Harbeson

$ 601,891

$ 181/sqft

Ocean View

$ 585,628

$ 298/sqft

Delmar

$ 157,197

$ 96/sqft

Dagsboro

$ 493,042

$ 219/sqft

Fenwick Island

$ 943,259

$ 490/sqft

Laurel

$ 282,591

$ 206/sqft

Lincoln

$ 269,500

$ 212/sqft

Frankford

$ 619,990

$ 230/sqft

Bethel

$ --

$ --

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Housing Market Summary for Sussex County, DE

Mar 2023February 2024Change
Median Listing Price$459.6K$488.9K6.37%
Median Sold Price$423.6K$488.9K15.40%
Homes For Sale40953931.78%
Homes Sold2,5663,18324.05%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Sussex County, DE

Sussex County, DE home values range from $33,597 to $48,938,046. Bethany Beach is the priciest city with a median listing home price of $1,295,000, and Bridgeville is most affordable with average house prices of around $165,000.

Foreclosure
There are 22 cities within Sussex County, DE; within these cities, the median estimated home value for homes in foreclosure ranges from $613,354 in Laurel to the lowest value of $50,000 in Laurel. Foreclosure homes account for 0.00% of properties in Sussex County, DE with Seaford containing 18 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in Sussex County, DE with Seaford containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 22 cities within Sussex County, DE; of those cities, the estimated home value for pre-foreclosure homes ranges from $521,743 in Lewes to the lowest home value of $50,000 in Laurel.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sussex County, DE ranges from the highest value of $306,169 in Greenwood to the lowest value of $145,000 in Milford. Bank owned homes and properties account for 0.01% of properties in Sussex County, DE. There are 22 cities within Sussex County, DE; Laurel containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Milford has 7 auction properties, the highest number of properties going to auction in a single city in the state of Sussex County, DE. Auction homes and other auction properties account for 0.01% of all properties in Sussex County, DE. There are 22 cities within Sussex County, DE; of those cities, the median estimated home value for homes going to auction ranges from $370,800 in Seaford to the lowest value of $164,200 in Seaford.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.39% of residential properties in Sussex County, DE with Lewes containing 122 homes for sale, the highest number of listed properties in a single city. There are 22 cities within Sussex County, DE; homes for sale in those cities, have a range of median values from $1,466,397 in Fenwick Island to the lowest value of $103,700 in Greenwood.
    Sold Homes
    The median value for recently sold homes ranges from $4,018,906 in Fenwick Island to the lowest price of $35,204 in Fenwick Island. There are 22 cities within Sussex County, DE. Lewes has 412 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.00% of properties in Sussex County, DE.

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      Guide for Sussex County, DE

      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      See More Articles
      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.