Housing Prices in Suffolk, VA
How much do homes in Suffolk, VA cost?
Median List Price
$386,362
$189/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Suffolk was $386,362 in March 2024, down 1% from the previous year, and the median price per square foot was $189.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $178K | $181.5K | +2.0% |
2 Bedrooms | $225.5K | $212.5K | -5.8% |
3 Bedrooms | $297.9K | $300.6K | +0.9% |
4 Bedrooms | $440.6K | $438.8K | -0.4% |
5+ Bedrooms | $542.6K | $549.6K | +1.3% |
Summary: Suffolk housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 1.3%.
Median List Price Compared To Nearby Cities
Carrsville | $191.9K | $315K | +64.1% |
Gates | $284.9K | $289K | +1.4% |
Suffolk | $390.1K | $386.3K | -1.0% |
Franklin | $297.4K | $273.1K | -8.2% |
Housing Supply in Suffolk, VA
How many homes are available in Suffolk, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
872 | 978 | +12.2% |
Summary: The Suffolk real estate market had 978 homes for sale in March 2024, a 12.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 43 | 43 | 0.0% |
3 Bedrooms | 335 | 366 | +9.3% |
4 Bedrooms | 349 | 388 | +11.2% |
5+ Bedrooms | 143 | 180 | +25.9% |
Summary: The Suffolk housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 25.9%.
Days on Market for Suffolk, VA
How long does it take to sell a home in Suffolk, VA?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
137 Days | 104 Days | -23.8% |
Summary: Homes in Suffolk had an average listing age of 104 days in Mar 2024, down by 23.8% compared to the previous year.