Is Sussex, NJ 07461 a buyer’s or seller’s market?

The Sussex housing market right now

In the three months ending August 31, 2026, 50% of homes in Sussex, NJ 07461 sold above their list price, the typical home went under contract in 29 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (51% then), homes sold about as fast and the median sale price rose 9% to $462,300. Overall, Sussex is about as competitive as it was a year ago.

Within Sussex County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Sussex ranks #207 of 444 NJ ZIP codes with enough sales (score 79 out of 100).

Nearby, buyers who want less competition could look at Augusta 07822 (0% sold over asking) or Vernon 07462 (30% sold over asking), while Andover 07821 (71% sold over asking) and Stanhope 07874 (69% sold over asking) are even more competitive.