Sussex County, DE Home Values & Market Trends
The median home price in Sussex County, DE is $431,507.66. There were 7,337 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 $313,181.632. The number of current listings in Sussex County, DE is 599, and the percentage of properties for sale is 599.00%. The county has 100 foreclosures, 10 bank owned properties, 24 headed for auction, and 599 properties for sale.
Sussex County, DE Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Lewes | $ 585,000 $ 254/sqft | Frankford | $ 599,339 $ 229/sqft |
| Millsboro | $ 425,285 $ 184/sqft | Bridgeville | $ 350,414 $ 172/sqft |
| Rehoboth Beach | $ 1,026,808 $ 550/sqft | Bethany Beach | $ 1,006,653 $ 420/sqft |
| Milton | $ 517,955 $ 229/sqft | Ellendale | $ 323,891 $ 199/sqft |
| Seaford | $ 309,766 $ 180/sqft | Delmar | $ 338,590 $ 172/sqft |
| Milford | $ 353,824 $ 196/sqft | Greenwood | $ 330,600 $ 181/sqft |
| Selbyville | $ 596,259 $ 277/sqft | Harbeson | $ 516,670 $ 158/sqft |
| Georgetown | $ 346,134 $ 183/sqft | Millville | $ 515,000 $ 207/sqft |
| Ocean View | $ 603,257 $ 276/sqft | Fenwick Island | $ 1,228,250 $ 490/sqft |
| Dagsboro | $ 492,745 $ 211/sqft | Lincoln | $ 215,260 $ 189/sqft |
| Laurel | $ 260,690 $ 195/sqft | Bethel | $ -- $ -- |
Housing Market Summary for Sussex County, DE
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $449.9K | $469.2K | 4.30% |
| Median Sold Price | $431.1K | $469.2K | 8.83% |
| Homes For Sale | 497 | 581 | 16.90% |
| Homes Sold | 2,972 | 2,849 | -4.14% |
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 $28,707 to $47,180,874. Fenwick Island is the priciest city with a median listing home price of $1,215,950, and Laurel is most affordable with average house prices of around $226,450.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Sussex County, DE with Seaford containing 12 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 $474,086 in Bethany Beach to the lowest home value of $87,460 in Greenwood.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Sussex County, DE ranges from the highest value of $399,900 in Frankford to the lowest value of $140,897 in Laurel. Bank owned homes and properties account for 0.01% of properties in Sussex County, DE. There are 22 cities within Sussex County, DE; Seaford containing 4 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMilford has 8 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 0.02% 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 $389,600 in Millville to the lowest value of $50,000 in Millville.
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More Real Estate Resources for Sussex County, DE
Guide for Sussex County, DE
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