Sussex County NJ Housing Market: 5 Things to Know This Fall

 Sussex County NJ Housing Market: 5 Things to Know This Fall
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Sussex County Market Update

Sussex County NJ Housing Market: 5 Things to Know This Fall

The Sussex County NJ housing market hit a $501,500 median sale price this summer. Here's what 30% more listings mean for local home buyers and sellers.

Quick Answer:

The Sussex County NJ housing market is still a seller's market, but it's cooling a bit. The median single-family sale price hit $501,500 from June 29 to Sept 27, 2026. That's up 3.4% from the 90 days before. Active listings jumped 30% to 422 homes, so buyers have more choices. Homes sold for 101.6% of list price, down from 103.1% last quarter.

What is the median home price in Sussex County, NJ right now?

The median sale price for a single-family home is $501,500. That's based on sales closed in the last 90 days.

This is the first time the county has crossed the half-million mark in this report. Last quarter, the median was $485,000. In the six months before that, it was $450,000. That's about an 11% jump from the fall and winter window. Garden State MLS data shows the median list price of sold homes was $495,000. So buyers are still paying a little more than asking, on average. Source: Garden State MLS

Are there more homes for sale in Sussex County?

Yes. There are 422 active single-family listings, up from 325 last quarter.

That's a 30% increase in just 90 days. Earlier in the year, the count sat at 216. More listings means buyers can compare homes before they decide. It also means fewer panic offers on the first house that looks okay. For sellers, it means your home has more competition than it did in the spring. Source: Garden State MLS

Is Sussex County still a seller's market?

Yes, but it's loosening. A seller's market is when there are more buyers than homes for sale.

Experts often use months of supply to measure this. Under six months of supply usually means a seller's market. Sussex County closed 489 sales in 90 days, or about 163 a month. With 422 active listings, that's roughly 2.6 months of supply. That's still tight, but it's more balanced than it was this spring. Source: calculated from Garden State MLS data

Are homes in Sussex County still selling over asking price?

Yes. Homes sold for a median of 101.6% of list price in the last 90 days.

That's down from 103.1% the quarter before. On a $500,000 list price, that's about $8,000 over asking. Last quarter, the same home would have gone for about $15,500 over. Bidding wars still happen, especially on well-priced homes near lakes and town centers. They're just not as intense as they were a few months ago. Source: Garden State MLS

How fast are homes selling in Sussex County?

The median home sold in 21 days. That's close to last quarter's 19 days.

Homes are still moving quickly, even with more listings on the market. In the fall and winter window, the median was 29 days. Sales also picked up, with 489 closings compared with 389 last quarter. That's a 26% jump in closed sales. Buyers are out there, and they're still ready to act. Source: Garden State MLS

What does this mean for buyers and sellers?

Buyers have more room to breathe. Sellers still have strong prices but need to price smart.

If you're buying, you can shop around more than you could in the spring. Get pre-approved first so you can move fast on the right home. Don't skip the well and septic inspections, since most homes here aren't on public water and sewer. If you're selling, a fair price from day one matters more now. Overpriced homes will sit while buyers look at the 421 other options. Many buyers are coming from Bergen, Essex, and Passaic counties for more space. Show off what they're looking for: the yard, the lake access, the quiet.

By the Numbers
  • $501,500 median sale price, June 29 to Sept 27, 2026
  • +3.4% median price change vs. the prior 90 days
  • 422 active single-family listings, up 30%
  • 101.6% median sale price as a share of list price
  • 21 days median days on market
  • 489 closed sales, up 26%
  • About 2.6 months of supply

The Bottom Line

Sussex County home prices are still climbing, and they just crossed $500,000. But buyers finally have more homes to choose from and a little more room to negotiate. Thinking about a move? This fall is a good time to get clear on your numbers. I'm always happy to walk you through what's happening in your town.

Frequently Asked Questions

What is the median home price in Sussex County, NJ?
The median single-family sale price was $501,500 from June 29 to Sept 27, 2026. That's according to Garden State MLS data.

Is it a good time to buy a home in Sussex County?
It's a better time than this spring. There are 30% more listings, and homes are selling closer to asking price.

How long does it take to sell a house in Sussex County?
The median home sold in 21 days over the last 90 days. Homes priced well often go even faster.

Will Sussex County home prices go down?
Nobody can promise that. Right now, prices are still rising, but more inventory is slowing the pace of those gains.

Sources

  • Garden State MLS (https://www.gsmls.com/): Market Condition Statistics Report (1004 MC), Sussex County single-family homes, Sept 27, 2025 to Sept 27, 2026. Supports median sale price, list price, active listings, days on market, closed sales, and sale-to-list ratio. Info deemed reliable but not guaranteed.
  • Months of supply and price differences are estimates calculated from the Garden State MLS figures above.

Nina Fradl is a REALTOR® with United Real Estate North Jersey, serving all of Sussex County, including Andover Boro, Andover Twp, Branchville Boro, Byram Twp, Frankford Twp, Franklin Boro, Fredon Twp, Green Twp, Hamburg Boro, Hampton Twp, Hardyston Twp, Hopatcong Boro, Lafayette Twp, Montague Twp, Newton Town, Ogdensburg Boro, Sandyston Twp, Sparta Twp, Stanhope Boro, Stillwater Twp, Sussex Boro, Vernon Twp, Walpack Twp, and Wantage Twp.

Nina Fradl, REALTOR®
United Real Estate North Jersey
Phone: (973) 490-4999
Email: Nina@NinaFradl.com

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