Essex County's June First-Time Homebuyer Report

Essex County is a county in Virginia with a median income of $49,404 per household. Besides being somewhat affluent, its population is younger than others with a median age of 43 years. Its three largest zip codes are 22560, 22454, and 23148. The Essex County market almost exclusively consists of detached houses, accounting for 91% of the current homes in the area. Heading the list of top schools in the county is Essex High School.

Price Range

The median value of homes in Essex County is $160,800, making the area almost identical to others in Virginia. At the same time, the average list price of available homes is presently $191,195. 22454, 22504, and 22560 have the highest worth in the county. The Essex County market showed positive signs this week as sales climbed 21.4% to hit 17 homes sold over the last 30 days.

Typical Dwelling

A three-bedroom detached home valued around $199,685 is considered a typical dwelling in Essex County. If a buyer was looking for a similar home, they would need good credit and a $39,937 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $667 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 6/15/2017

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