Market Overview
Home Prices in Sussex, NJ
The median home value in Sussex, NJ is $459,535 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sussex are priced12% above average. Sussex is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Sussex home values have risen by approximately34.1%, reflecting strong long-term appreciation in this market.
Price History
Sussex Home Price Trend
City Comparison
Sussex vs. National Median
At $459,535, homes in Sussex cost 12% above the national median of $410,000. Buyers in Sussex should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Sussex?
20% Down Payment
$91,907
on $459,535
Monthly P&I
$2,397/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,044/mo
incl. taxes & insurance
Income Needed
$121,760
gross annual (30% rule)
10% Down Option
$45,954
+ PMI applies
Loan Amount (20% dn)
$367,628
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Sussex, NJ?
The median home value in Sussex is $459,535 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Sussex?
Over the past year, home values in Sussex have increased by 4.1%. Over five years, prices have risen approximately 34.1%.
How much do I need to earn to buy a home in Sussex?
To comfortably afford the median home price of $459,535 with a 20% down payment ($91,907) at today's rates (6.8%), you'd need a gross annual income of approximately $121,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Sussex compare to the national average home price?
The national median home value is approximately $410,000. At $459,535, homes in Sussex are 12% above the national average.
What metro area is Sussex part of?
Sussex is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.