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How Sussex County’s Real Estate Market Stacks Up Against the Rest of Delaware

  • Writer: Nicholas Scroggs
    Nicholas Scroggs
  • Feb 4
  • 2 min read


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As we enter 2025, Delaware’s real estate market is evolving, with each county experiencing unique trends. Sussex County, known for its coastal charm, presents distinct patterns compared to the rest of the state. Let’s compare how Sussex County stacks up against Delaware’s broader market.

Home Prices: Sussex County vs. Statewide

  • Sussex County: Median listing price (Dec 2024): $539,000 (+1.7% YoY).

  • Statewide: Median price: $350,000 (+3.6% YoY).

🔎 Key Takeaway: Sussex County’s prices remain higher due to coastal desirability, but statewide prices are rising faster.

Home Values & Market Appreciation

  • Sussex County: Average home value: $470,718 (+0.9% YoY).

  • Statewide: Average value: $382,867 (+2.3% YoY).

📈 Key Takeaway: Sussex County holds higher values, but appreciation is slower than the statewide average.

Market Conditions: Buyer’s or Seller’s Market?

  • Sussex County: Currently a buyer’s market with more supply than demand.

  • Statewide: A more balanced market, with competitive conditions.

🏡 Key Takeaway: Buyers in Sussex County have more room to negotiate, while sellers must price competitively.

Inventory & Days on Market

  • Sussex County: 38 days on market, 1,959 active listings (Jan 2025).

  • Statewide: 35 days on market, inventory up 14.2% YoY.

Key Takeaway: Sussex County homes take slightly longer to sell, creating more buying opportunities.

Property Reassessments Impacting the Market

  • Sussex County is undergoing property reassessments for the first time in decades.

  • This may impact property taxes and future home values.

💡 Key Takeaway: Homeowners should prepare for potential tax adjustments affecting affordability.

Final Thoughts

Sussex County offers strong long-term investment potential, especially for coastal properties. With higher prices but slower appreciation, the market favors buyers now but remains a stable option for investors.

Interested in buying or selling in Sussex County? Let’s connect today! 🏡📈

 
 
 

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