Housing Prices in Suffolk, VA

How much do homes in Suffolk, VA cost?

Median List Price

$389,435

$189/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$1,091(-0.3%)

Key Takeaway

The list price of homes in Suffolk has remained the same since last year.

Summary: The median home list price in Suffolk was $389,435 in April 2024, down 0.3% from the previous year, and the median price per square foot was $189.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $178K$181.5K
+2.0%
2 $228K$215K
-5.7%
3 $296.6K$305.3K
+2.9%
4 $444.2K$439.9K
-0.9%
5+ $575K$565K
-1.7%

Summary: Suffolk housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 1.7%.

Median List Price Compared To Nearby Cities

Suffolk
-0.3%
Gates
-2.0%
Franklin
-7.6%

Housing Supply in Suffolk, VA

How many homes are available in Suffolk, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
9021,005+11.4%

Summary: The Suffolk real estate market had 1,005 homes for sale in April 2024, a 11.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 3941
+5.1%
3 336387
+15.2%
4 358390
+8.9%
5+ 168186
+10.7%

Summary: The Suffolk housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 10.7%.

Days on Market for Suffolk, VA

How long does it take to sell a home in Suffolk, VA?

Average Listing Age

Apr 2023Apr 2024CHANGE
139 Days94 Days-32.5%

Summary: Homes in Suffolk had an average listing age of 94 days in Apr 2024, down by 32.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Suffolk, VA

Nearby Markets to Suffolk, VA

What housing markets are near Suffolk, VA?