Sussex County, VA Home Values & Market Trends
The median home price in Sussex County, VA is $151,286.37. There were 117 home sales in Sussex County, VA over the past 12 months. The median residential Sussex County, VA home value for transactions over the previous year is $169,900. The number of current listings in Sussex County, VA is 9, and the percentage of properties for sale is 9.00%. The county has 6 foreclosures, 1 bank owned properties, 5 headed for auction, and 9 properties for sale.
Sussex County, VA Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Stony Creek | $ 299,000 $ 131/sqft | Yale | $ 290,000 $ 175/sqft |
| Wakefield | $ 540,000 $ 120/sqft | Sussex | $ -- $ -- |
| Waverly | $ 285,915 $ 160/sqft |
Housing Market Summary for Sussex County, VA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $287K | $185.3K | -35.42% |
| Median Sold Price | $105K | $185.3K | 76.51% |
| Homes For Sale | 12 | 9 | -25.00% |
| Homes Sold | 76 | 61 | -19.74% |
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, VA
Browse Homes in Sussex County, VA
Sussex County, VA home values range from $14,210 to $9,826,004. Wakefield is the priciest city with a median listing home price of $357,500, and Stony Creek is most affordable with average house prices of around $189,475.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Sussex 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 5 cities within Sussex 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Sussex County, VA ranges from the highest value of $186,926 in Wakefield to the lowest value of $186,926 in Wakefield. Bank owned homes and properties account for 0.02% of properties in Sussex County, VA. There are 5 cities within Sussex County, VA; Wakefield containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsStony Creek has 2 auction properties, the highest number of properties going to auction in a single city in the state of Sussex County, VA. Auction homes and other auction properties account for 0.12% of all properties in Sussex County, VA. There are 5 cities within Sussex County, VA; of those cities, the median estimated home value for homes going to auction ranges from $141,956 in Wakefield to the lowest value of $141,956 in Wakefield.
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More Real Estate Resources for Sussex County, VA
Guide for Sussex County, VA
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A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.
The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.
The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.
