Home Values

Sussex Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$242,500

  • 0.3% 1-year change
  • 2.8% 1-year forecast

The median home value in Sussex is $242,500. Sussex home values have gone up 0.3% over the past year and Zillow predicts they will rise 2.8% within the next year. The median list price per square foot in Sussex is None. The median rent price in Sussex is $800, which is lower than the Milwaukee Metro median of $999.

Foreclosures will be a factor impacting home values in the next several years. In Sussex 1.7 homes are foreclosed (per 10,000). This is lower than the Milwaukee Metro value of 2.9 and also lower than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Sussex is 3.6%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Sussex homeowners underwater on their mortgage is 6.8%, which is lower than Milwaukee Metro at 21.0%.

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Relative ZHVI
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Sussex Market Overview

Data through May 31, 2015
  • $242,500 ZHVI
  • 2.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Sussex Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 6.8% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1.7 homes(Mar 31, 2015) Sussex
2.9 homes Milwaukee Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Town of Merton $330,100
Brookfield $263,300
Richfield $259,800
Name Median ZHVI
Lisbon $258,400
Town of Pewaukee $242,800
Town of Germantown $226,300
Name Median ZHVI
Hartland $217,300
Menomonee Falls $200,300
Waukesha $174,100

Listings & Sales

  • No data
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Sussex Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,901 Sussex
    $1,424 Milwaukee Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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