Sussex County, DE Home Values & Market Trends

The median home price in Sussex County, DE is $431,552.74. 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 568, and the percentage of properties for sale is 568.00%. The county has 92 foreclosures, 10 bank owned properties, 21 headed for auction, and 568 properties for sale.

Sussex County, DE Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Lewes

$ 586,136

$ 261/sqft

Laurel

$ 289,000

$ 196/sqft

Rehoboth Beach

$ 952,144

$ 477/sqft

Bridgeville

$ 350,828

$ 172/sqft

Millsboro

$ 425,182

$ 184/sqft

Bethany Beach

$ 806,267

$ 412/sqft

Selbyville

$ 580,000

$ 277/sqft

Ellendale

$ 310,004

$ 194/sqft

Milford

$ 345,188

$ 201/sqft

Millville

$ 504,500

$ 194/sqft

Milton

$ 518,477

$ 233/sqft

Delmar

$ 377,181

$ 172/sqft

Seaford

$ 371,178

$ 180/sqft

Greenwood

$ 390,250

$ 181/sqft

Ocean View

$ 548,075

$ 292/sqft

Harbeson

$ 495,195

$ 147/sqft

Georgetown

$ 349,900

$ 208/sqft

Fenwick Island

$ 1,574,500

$ 670/sqft

Dagsboro

$ 492,745

$ 218/sqft

Lincoln

$ 214,550

$ 292/sqft

Frankford

$ 599,339

$ 229/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 $1,549,900, and Lincoln is most affordable with average house prices of around $144,500.

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 20 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 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 $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 0.38% 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 $110,600 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 2.04% of properties in Sussex County, DE.

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      Guide for Sussex County, DE

      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Pennsylvania
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      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Pennsylvania|posted 17 April 2024

      Reno’s real estate market shows shifting trends for property values and average sale prices, with notable discrepancies in listing volumes and properties sold, suggesting a fluid market for potential investors.

      Recently Listed Homes Sussex County, DE

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