Suffolk, VA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Suffolk, VA is $406,999, up 6.1% year-over-year. Homes sell in an average of 73 days with 398 active listings. The market is currently a balanced market.
$406,999median sale price
Is Suffolk a buyer's or seller's market?
Suffolk, VA is currently a balanced market, based on 3.3 months of supply and homes selling in about 73 days. How we determine this →
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
Suffolk, VA market data
| Metric | Value |
|---|---|
| Median sale price | $406,999 |
| Median list price | $425,000 |
| Year-over-year price change | +6.1% |
| Average days on market | 73 days |
| Active inventory | 398 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 99.3% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Homes for sale in Suffolk
There are currently 398 homes listed for sale in Suffolk, Virginia. The median listing price is $425K.
Active listings
398
Homes on market
Median list price
$425K
Avg. days on market
73
Days until sale
New this week
167
Newly listed
Top public schools in Suffolk
22 schools tracked · 14,520 students
The largest public schools serving Suffolk, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Nansemond River High
Grades 9-12 · 1,681 students
King's Fork High
Grades 9-12 · 1,666 students
Lakeland High
Grades 9-12 · 1,067 students
King's Fork Middle
Grades 6-8 · 984 students
Florence Bowser Elementary
Grades PK-5 · 874 students
Northern Shores Elementary
Grades PK-5 · 837 students
Creekside Elementary
Grades PK-5 · 747 students
Hillpoint Elementary
Grades PK-5 · 739 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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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