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
City | Median Est. Value | City | Median 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 | $ -- $ -- |
Housing Market Summary for Sussex County, DE
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $459.6K | $488.9K | 6.37% |
Median Sold Price | $423.6K | $488.9K | 15.40% |
Homes For Sale | 409 | 539 | 31.78% |
Homes Sold | 2,566 | 3,183 | 24.05% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Sussex County, DE
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsMilford 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.
Compare Nearby Cities
More Real Estate Resources for Sussex County, DE
Guide for Sussex County, DE
Learn how to secure a house mortgage even with a low credit score.
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.
What can you do when you want to buy a house when you’re strapped for cash?
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.