Is Sussex County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sussex County was a Neutral Market.
Housing Prices in Sussex County, VA
How much do homes in Sussex County, VA cost?
Median Sold Price
$210,500
$136/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Sussex County was $210,500 in April 2024, up 6.6% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $163.5K | - | N/A |
3 Bedrooms | $217K | $180K | -17.1% |
4 Bedrooms | - | $300K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Sussex County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 17.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Sussex County | $197.5K | $210.5K | +6.6% |
Greensville County | $192K | $180K | -6.3% |
Surry County | $260K | $98K | -62.3% |
Housing Supply in Sussex County, VA
How many homes are available in Sussex County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 46 | +9.5% |
Summary: The Sussex County real estate market had 46 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 30 | 30 | 0.0% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sussex County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Sussex County in April 2024, down by 14.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Sussex County, VA
How long does it take to sell a home in Sussex County, VA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 26 Days | +97.3% |
Summary: Homes in Sussex County had an average of 26 days on market in Apr 2024, up by 97.3% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Sussex County; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.