Essex County's October First-Time Homebuyer Report

With 11,151 residents, Essex County is a small county in Virginia. Also, with an 11.6% increase over the last 10 years, its population is growing faster than other parts of the state. Its three largest zip codes are 22560, 22454, and 23148. With a median age of 32 years, homes in Essex County tend to be relatively old. Heading the list of top schools in the county is Essex High School.

Culture

According to Foursquare, Walmart Supercenter and Food Lion Grocery Store are the most popular retail spots in Essex County. If you're looking to explore the outdoors, some favorite spots are The Rivah and River. Lastly, Essex 5 Cinemas is a well-known place for arts and entertainment.

Price Range

Homes in Essex County are worth a median of $160,800, similar to other parts of Virginia. Additionally, the list prices of available homes is currently at an average of $235,308. The Essex County market lost steam this week but remained above average levels as sales plummeted 33.3% to 10 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in Essex County that generated the most views from potential buyers:

$170K   $199K   $239K  

Typical Dwelling

A three-bedroom detached home valued around $190,607 is considered a typical dwelling in Essex County. If a buyer was looking for a similar home, they would need good credit and a $38,121 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $867 and the property tax rate is $5.42 per $1,000 of taxable assessed value.

Get started right now by checking out Essex County homes for sale or reviewing Essex County real estate trends.


Data reported through 10/13/2016

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