Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$445,283+2.7% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$96,528About 0.8× the local median income ($114,993): affordable for a typical household
Days on market44 daysFaster than a year ago: sellers have the edge
Next 12 months+2.8%Zillow expects prices to rise slightly
The typical home in Sussex County, NJ is worth $445,283, up 2.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $387,927, so the area is 14.8% overvalued. It is a balanced market: homes take about 44 days to sell, listings are up 20% from a year ago, 14% of listings have had a price cut. Zillow expects prices to rise about 2.8% over the next year. A household needs about $96,528 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 $114,993. Typical rent is $2,291 a month, or $2,238 for a house. In the latest IRS figures, 617 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
$445,283
Change in 1 year
+2.7%
Overvalued %
+14.8%
Show 7 more
Fair home value
$387,927
Change in 5 years
+33.3%
Zillow forecast, next 12 months
+2.8%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$2,413
Income needed to afford it
$96,528
Property tax rate
2.32%
Rent and investing
Typical rent
$2,291
Typical rent for houses
$2,238
Price-to-rent ratio
16.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,233
Gross rental yield
6.17%
Cap rate (estimate)
4.01%
Market activity
Listings vs a year ago
+19.6%
Days on market
44
Listings with a price cut
14.3%
Show 3 more
Homes for sale
580
Pending sales per 100 listings
46
Asking price per sq ft
$267
People and jobs
Median household income
$114,993
Population change (1 year)
+0.4%
Unemployment rate
5.1%
Show 4 more
Population
148,063
Income adjusted for cost of living
$102,125
Net moves in (IRS)
+617
Cost of living (US = 100)
112.6
Schools, risk and environment
School rating (1 to 10)
5.4
FEMA hazard risk score (0 to 100)
77.4
Flood risk score
77.3
Show 3 more
Wildfire risk score
36.7
Walkability (1 to 20)
6.5
Road, rail and air noise
53 dB
Questions people ask
Is Sussex County, NJ overvalued?
Home prices in Sussex County, NJ are well above what local incomes have historically supported: fair value is about $387,927, so the area is 14.8% overvalued.
Is Sussex County, NJ a buyer's or seller's market?
Sussex County, NJ is a balanced market: homes take about 44 days to sell, listings are up 20% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Sussex County, NJ?
Home values in Sussex County, NJ are up 2.7% over the last year. Zillow's forecast for the next 12 months is +2.8%.
How much do you need to earn to buy a home in Sussex County, NJ?
A household needs about $96,528 a year to afford the typical home in Sussex County, NJ at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $114,993.