Real Estate

Sussex County Real Estate: Stability Amidst Shifting Market Trends – What’s Next?

Sussex County’s median home price held steady at $550,000 in September.

byAndres Castro

November 2, 2025, 11:51 AM

High aerial view of a dense suburban neighborhood with houses, solar panels, and curved streets.

Aerial shot of a dense residential area where many homes feature rooftop solar panels. By MDL.

Executive Summary

Sussex County’s median home listing price held steady at $550,000 in September, mirroring the previous month and year.

The price per square foot in Sussex County decreased by 2.3% year-over-year to $257, indicating a slight softening despite stable median prices.

Homes in Sussex County spent a median of 72 days on the market, an improvement from August, while new listings saw a marginal 0.3% decrease year-over-year.

The Trajectory So Far

Sussex County’s housing market is currently characterized by a notable stability in its median home listing price, holding firm at $550,000 year-over-year and month-over-month, even as it navigates a slight decrease in the price per square foot and a modest dip in new listings. This consistent pricing environment, which contrasts with slight upticks in broader regional markets, indicates a balanced local market where homes are selling at a consistent pace.

Assessing Risk and Value

Investors in Sussex County should note that while the median listing price remains stable, a 2.3% year-over-year decline in price per square foot suggests a subtle softening in underlying asset value, necessitating a closer look at per-unit valuation. Despite improved days on market, the slower pace compared to national averages indicates that investors might experience longer holding periods, which could impact capital velocity and overall returns.

Expert Predictions and Forecasts

Sussex County’s housing market exhibits notable stability, with the median listing price holding firm at $550,000 in September, unchanged from both the previous month and the prior year.

Despite the stable overall median price, the market shows a slight softening in per-unit pricing, as the price per square foot decreased by 2.3% year-over-year, accompanied by a marginal 0.3% decrease in new listings.

The pace of sales in Sussex County has improved, with homes spending a median of 72 days on the market in September, quicker than the previous month, though still longer than the national median of 62 days.

Sussex County’s median home listing price held steady at $550,000 in September, remaining unchanged from the previous month and mirroring the price from September of the previous year, according to a recent analysis of data from Realtor.com. This stability comes as the local market navigates a slight decrease in the price per square foot and a modest dip in new listings compared to a year ago.

Sussex County Market Snapshot

The median home listed in Sussex County during September spanned 2,170 square feet, with a list price of $257 per square foot. This price per square foot marks a 2.3% decrease from September of the previous year, indicating a slight softening in per-unit pricing despite the stable median overall price.

Homes in the county moved at a median of 72 days on the market, a quicker pace than the 78 days seen in August, but still longer than the national median of 62 days. New listings totaled 588 in September, a marginal 0.3% decrease from the 590 new listings recorded in September of the previous year.

Broader Market Context

Across the wider Philadelphia-Camden-Wilmington metropolitan area, the median home price experienced a slight increase to $384,900 in September, up from the previous month. The typical home in this metro area measured 1,624 square feet, listed at $230 per square foot.

Statewide in Delaware, median home prices reached $485,445, also reflecting a slight uptick from August. The median Delaware home listed for sale was 2,073 square feet, with a price of $234 per square foot.

Nationally, the median home price in September saw a slight decrease from the prior month, settling at $425,000. The median American home listed for sale was 1,840 square feet, with a price of $226 per square foot.

Data Methodology

The median home prices reported by Realtor.com reflect the midway point of all listed houses or units over a specific period. This methodology is often preferred over an average list price, as it provides a more accurate representation of market trends by mitigating the skewing effect of unusually high or low-priced properties.

It is important to note that these statistics specifically pertain to houses listed for sale and do not include homes that have already sold. The data encompasses single-family homes, condominiums, and townhomes, including existing properties, but generally excludes most new construction, as well as pending and contingent sales.

Key Takeaways

Sussex County’s housing market demonstrated notable stability in September, with the median listing price holding firm month-over-month and year-over-year. While the price per square foot saw a modest decline, and new listings remained relatively flat, the market’s days on the market improved from the previous month, signaling a consistent pace of activity.