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City / Town Overview

Suffolk, VA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Suffolk, VA real estate market currently shows 500 active listings, with 5 pending sales. Homes are averaging 44.5 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 44.5 days on market compared to 41.8 days last year.

The median listing price has risen 3.2% year-over-year, from $449,517 to $463,810.

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Market Context

Market Context

Population: 94,574  ·  Density: 189.1/mi²  ·  Median household income: $89,089

Typical home value: $312,504  ·  Homeownership: 70.2%

Included Areas

Suffolk: 23432, 23433, 23434, 23435, 23437, 23438, 23439

Sleepy Lake West: 23436

Area Map

Market Overview

Active Listings
500
⇩ 2.5% vs 513 last year
Pending
5
1% pending ratio
Median Price
$463,810
⇧ 3.2% vs $449,517 last year
Average Price
$490,063
⇧ 4.9% vs $467,060 last year
Days on Market
44.5
⇧ 6.5% vs 42 days last year

Price Per Square Foot

Median $/sqft
$207
⇧ 0.6% vs $206/sqft last year
Median Home Size
2,214 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
100%
Listings with no price change
Price Reduced
0%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %