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SUFFOLK, VA 23433

Real Estate Market Report
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
9
⇩ 55% vs 20 last year
Pending
0
0% pending ratio
Median Price
$690,000
⇧ 8% vs $638,900 last year
Average Price
$789,127
⇩ 4.4% vs $825,786 last year
Days on Market
39
⇩ 38.1% vs 63 days last year

Market Context

Population: 1,274  ·  Density: 286.9/mi²  ·  Median household income: $144,167

Typical home value: $504,071  ·  Homeownership: 97.2%

Market Analysis

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

The SUFFOLK, VA real estate market (23433) currently shows 9 active listings. Homes are averaging 39 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 39 days on market compared to 63 days last year.

The median listing price has risen 8% year-over-year, from $638,900 to $690,000.

Whether you are buying or selling in SUFFOLK, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 20 last year
  • Days on market: 39 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $690,000 (+8% YoY)
  • Average: $789,127 (-4.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.0 miles — 787 listings ($310,441,113 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23433Suffolk, VA 234330.0 mi9$7,102,143$690,000$789,127
23314Carrollton, VA 233143.8 mi38$15,095,956$342,000$397,262
23435Suffolk, VA 234354.9 mi135$73,078,605$517,000$541,323
23703Portsmouth, VA 237036.9 mi72$25,197,552$348,500$349,966
23321Chesapeake, VA 233218.3 mi85$38,078,725$452,500$447,985
23701Portsmouth, VA 237019.5 mi61$16,629,027$265,000$272,607
23508Norfolk, VA 2350810.2 mi43$16,661,683$364,900$387,481
23507Norfolk, VA 2350710.9 mi21$9,285,234$250,000$442,154
23505Norfolk, VA 2350511.1 mi45$17,479,440$325,000$388,432
23666Hampton, VA 2366611.4 mi108$33,169,932$308,700$307,129
23702Portsmouth, VA 2370211.7 mi35$8,948,415$245,000$255,669
23606Newport News, VA 2360611.8 mi29$15,439,513$399,900$532,397
23669Hampton, VA 2366913.0 mi106$34,274,888$301,667$323,348

Frequently Asked Questions

How many homes are for sale in SUFFOLK, VA 23433?

As of January 2026, there are 9 active listings in SUFFOLK, VA (zip code 23433), compared to 20 the prior year.

What is the median home price in SUFFOLK, VA 23433?

The median listing price in SUFFOLK, VA 23433 is $690,000 as of January 2026, a 8% increase from $638,900 the prior year.

How long do homes stay on the market in SUFFOLK, VA?

Homes in SUFFOLK, VA 23433 spend an average of 39 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in SUFFOLK, VA 23433?

Based on current inventory and days-on-market data as of January 2026, SUFFOLK, VA 23433 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 39 days on market compared to 63 days last year.

How much can I save on real estate commission in SUFFOLK, VA?

With SELL123.com's maximum 3% commission, sellers in SUFFOLK, VA 23433 save an estimated $13,800 compared to a typical 5% commission on the median listing price of $690,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.