Suffolk, VA
Housing market overview · Updated weekly
$406,999median sale price
Homes sold
121
Last 12 weeks
Days on market
73
Average pace
Active listings
398
3.3 months supply
Sale-to-list
99.3%
Below asking
The Suffolk housing market is currently classified as a balanced market with a median sale price of $406,999. Prices have risen 6.1% compared to last year, with homes spending an average of 73 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Suffolk?
The median home sale price in Suffolk is $406,999, up 6.1% from last year.
How long do homes stay on market in Suffolk?
Homes typically spend 73 days on market before going under contract.
Is Suffolk a buyer's or seller's market?
With 3.3 months of supply, Suffolk is currently a balanced market.
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