40Alpha

Essex County, VA Housing Market Brief

county · VA · as of May 2026

Balanced

What is Essex County, VA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+7.752
Inventory Health25%
+9.158
Affordability20%
14
Economic Strength20%
-1.138
Rental Yield15%
32

Where is Essex County, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Essex County, VA is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Essex County, VA housing market data

MetricValueYoY
Median Sale Price$300K▲ +0.5%
Median Days on Market14 days-65.8%
Months of Supply3.9▲ +77.3%
Homes for Sale43-2.3%
Homes Sold11-45%
Median Price / Sq Ft$236▲ +17.3%
Sale-to-List Ratio99.8%▲ +3.3%

How has Essex County, VA’s Alpha Score moved?

Now: 40
3-period trend
Median sale price · 12 mo

Markets like Essex County, VA

Frequently asked questions

Is Essex County, VA a buyer's or seller's market?

As of May 2026, Essex County, VA is classified as a Balanced Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Essex County, VA?

The median sale price in Essex County, VA is $300K, having held roughly steady over the past year.

How affordable is Essex County, VA?

Essex County, VA scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Essex County, VA's Alpha Score?

Essex County, VA's strongest dimension is Inventory Health (58/100) and its weakest is Affordability (14/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Essex County, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.