Sussex County, DE Home Values & Market Trends

The median home price in Sussex County, DE is $431,520.92. There were 7,487 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 $312,015.513. The number of current listings in Sussex County, DE is 584, and the percentage of properties for sale is 584.00%. The county has 91 foreclosures, 9 bank owned properties, 21 headed for auction, and 584 properties for sale.

Sussex County, DE Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Lewes

$ 592,377

$ 260/sqft

Laurel

$ 274,845

$ 195/sqft

Millsboro

$ 428,976

$ 181/sqft

Bridgeville

$ 350,828

$ 172/sqft

Rehoboth Beach

$ 1,085,546

$ 595/sqft

Bethany Beach

$ 794,878

$ 412/sqft

Selbyville

$ 573,015

$ 277/sqft

Ellendale

$ 310,004

$ 194/sqft

Milton

$ 517,955

$ 230/sqft

Millville

$ 504,500

$ 194/sqft

Milford

$ 333,871

$ 196/sqft

Delmar

$ 300,000

$ 152/sqft

Seaford

$ 369,508

$ 174/sqft

Greenwood

$ 390,250

$ 174/sqft

Ocean View

$ 509,352

$ 284/sqft

Fenwick Island

$ 1,574,500

$ 851/sqft

Dagsboro

$ 492,745

$ 218/sqft

Harbeson

$ 516,670

$ 127/sqft

Georgetown

$ 359,431

$ 200/sqft

Lincoln

$ 194,900

$ 338/sqft

Frankford

$ 579,712

$ 223/sqft

Bethel

$ --

$ --

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Housing Market Summary for Sussex County, DE

Apr 2023March 2024Change
Median Listing Price$449.9K$469.2K4.30%
Median Sold Price$431.1K$469.2K8.83%
Homes For Sale49758116.90%
Homes Sold2,9722,849-4.14%
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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 $28,707 to $47,180,874. Fenwick Island is the priciest city with a median listing home price of $1,499,900, and Lincoln is most affordable with average house prices of around $69,000.

Foreclosure
There are 22 cities within Sussex County, DE; within these cities, the median estimated home value for homes in foreclosure ranges from $495,000 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 19 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 $474,086 in Bethany Beach to the lowest home value of $87,460 in Greenwood.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sussex County, DE ranges from the highest value of $399,900 in Laurel to the lowest value of $174,788 in Seaford. 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.
  • Auctions
    Milford 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 0.01% 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 $389,600 in Millville to the lowest value of $50,000 in Millville.
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 127 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 $2,555,000 in Fenwick Island to the lowest value of $56,999 in Laurel.
    Sold Homes
    The median value for recently sold homes ranges from $3,817,290 in Fenwick Island to the lowest price of $51,012 in Fenwick Island. There are 22 cities within Sussex County, DE. Lewes has 406 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.03% of properties in Sussex County, DE.

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      Guide for Sussex County, DE

      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports
      Helena Real Estate Dips in Value While East Helena Soars in March 2024
      See More Articles
      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Helena Real Estate Dips in Value While East Helena Soars in March 2024
      Market Reports|posted 24 April 2024

      The blog examines the various trends in the real estate market of Helena, East Helena, Jefferson City, Townsend, Cascade, and Deer Lodge in Montana, highlighting the nuances and unique dynamics in each city.

      Recently Listed Homes Sussex County, DE

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