Essex County, VA Home Values & Market Trends

The median home price in Essex County, VA is $261,912.49. There were 154 home sales in Essex County, VA over the past 12 months. The median residential Essex County, VA home value for transactions over the previous year is $240,519. The number of current listings in Essex County, VA is 18, and the percentage of properties for sale is 18.00%. The county has 5 foreclosures, 1 bank owned properties, 4 headed for auction, and 18 properties for sale.

Essex County, VA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Tappahannock

$ 315,000

$ 168/sqft

Laneview

$ 229,500

$ 239/sqft

Center Cross

$ 258,916

$ 164/sqft

Loretto

$ --

$ --

Dunnsville

$ 313,497

$ 236/sqft

Hustle

$ --

$ --

Caret

$ 135,330

$ 149/sqft

Champlain

$ --

$ --

Housing Market Summary for Essex County, VA

Apr 2023March 2024Change
Median Listing Price$324K$284.6K-12.15%
Median Sold Price$221.2K$284.6K28.70%
Homes For Sale2019-5.00%
Homes Sold12880-37.50%
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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 Essex County, VA

Essex County, VA home values range from $21,414 to $3,826,930. Dunnsville is the priciest city with a median listing home price of $344,750, and Laneview is most affordable with average house prices of around $229,500.

Foreclosure
There are 8 cities within Essex County, VA; within these cities, the median estimated home value for homes in foreclosure ranges from $522,396 in Caret to the lowest value of $136,359 in Caret. Foreclosure homes account for 0.00% of properties in Essex County, VA with Tappahannock containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Essex County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Essex County, VA; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Essex County, VA ranges from the highest value of $156,495 in Tappahannock to the lowest value of $156,495 in Tappahannock. Bank owned homes and properties account for 0.02% of properties in Essex County, VA. There are 8 cities within Essex County, VA; Tappahannock containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Tappahannock has 2 auction properties, the highest number of properties going to auction in a single city in the state of Essex County, VA. Auction homes and other auction properties account for 0.08% of all properties in Essex County, VA. There are 8 cities within Essex County, VA; of those cities, the median estimated home value for homes going to auction ranges from $522,396 in Tappahannock to the lowest value of $136,359 in Tappahannock.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.35% of residential properties in Essex County, VA with Tappahannock containing 9 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Essex County, VA; homes for sale in those cities, have a range of median values from $329,500 in Dunnsville to the lowest value of $35,661 in Caret.
    Sold Homes
    The median value for recently sold homes ranges from $189,357 in Hustle to the lowest price of $24,242 in Hustle. There are 8 cities within Essex County, VA. Tappahannock has 40 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.44% of properties in Essex County, VA.

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      Guide for Essex County, VA

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      Newark Real Estate Market Report, March 2024
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      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
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      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
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      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
      Market Reports|posted 1 April 2024

      Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.

      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
      Market Reports|posted 25 March 2024

      A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.

      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports|posted 20 March 2024

      The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.

      Recently Listed Homes Essex County, VA

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