Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$484,559+0.6% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$105,042About 1.2× the local median income ($84,917): a stretch for a typical household
Days on market78 daysSlower than a year ago: buyers have time to negotiate
The typical home in Sussex County, DE is worth $484,559, up 0.6% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $513,133, so the area is 5.6% undervalued. It is a balanced market: homes take about 78 days to sell, listings are up 8% from a year ago, 17% of listings have had a price cut. A household needs about $105,042 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,917. Typical rent is $2,357 a month. In the latest IRS figures, 5,662 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$484,559
Change in 1 year
+0.6%
Overvalued %
−5.6%
Show 6 more
Fair home value
$513,133
Change in 5 years
+13.1%
Home value to income
5.7×
Monthly mortgage payment (20% down)
$2,626
Income needed to afford it
$105,042
Property tax rate
0.32%
Rent and investing
Typical rent
$2,357
Price-to-rent ratio
17.1×
HUD Fair Market Rent, 2 bedrooms
$1,498
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Gross rental yield
5.84%
Cap rate (estimate)
3.79%
Market activity
Listings vs a year ago
+8.4%
Days on market
78
Listings with a price cut
17.4%
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Homes for sale
1,957
Pending sales per 100 listings
41
Asking price per sq ft
$256
People and jobs
Median household income
$84,917
Population change (1 year)
+2.2%
Unemployment rate
5.3%
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Population
277,140
Net moves in (IRS)
+5,662
Cost of living (US = 100)
0.0
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
94.1
Unhealthy air days a year
1
Show 4 more
Flood risk score
97.6
Wildfire risk score
84.8
Walkability (1 to 20)
7.4
Road, rail and air noise
54 dB
Questions people ask
Is Sussex County, DE overvalued?
Home prices in Sussex County, DE are slightly below what local incomes have historically supported: fair value is about $513,133, so the area is 5.6% undervalued.
Is Sussex County, DE a buyer's or seller's market?
Sussex County, DE is a balanced market: homes take about 78 days to sell, listings are up 8% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Sussex County, DE?
Home values in Sussex County, DE are up 0.6% over the last year.
How much do you need to earn to buy a home in Sussex County, DE?
A household needs about $105,042 a year to afford the typical home in Sussex County, DE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,917.