The typical home value in
Essex County
is projected to be
$351,250
for the month of
January.
December’s
finalized data reported the typical value of a home in the
county
to be
$335,500—up
29.04%
over the previous 12 months.
For comparison,
state-level
data pegged home values at
$450,800
in
Virginia
for the most recent reporting period.
That number is expected to float around
$448,300
in
January.
Essex County
had
7
new listings and
13
listings that went under contract in
December,
decreasing
the area’s total available inventory to
34—down
20.93%
from the previous month. Inventory is projected to have further
decreased
in
January.
Of those
34
active listings,
17.65%
reduced their price in the month of
December.
The median listing price for homes in
Essex County
fell
29.04%
from
November
to
December,
bringing the current median listing price to
$249,900.
Based on projected data for
January,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
December 2025,
the median time for a listed property to go pending was
85
days, compared to
108
days in
December 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
January.
