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SUFFOLK, VA 23436

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

Market Analysis

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

The SUFFOLK, VA real estate market (23436) currently shows 5 active listings. Homes are averaging 54 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 54 days on market compared to 57 days last year.

The median listing price has risen 31.9% year-over-year, from $539,900 to $712,250.

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 Context

Market Context

Population: 1,021  ·  Density: 253.2/mi²  ·  Median household income: $185,063

Typical home value: $460,500  ·  Homeownership: 97.4%

Market Overview

Active Listings
5
⇩ 16.7% vs 6 last year
Pending
0
0% pending ratio
Median Price
$712,250
⇧ 31.9% vs $539,900 last year
Average Price
$1,035,705
⇧ 122.7% vs $464,970 last year
Days on Market
54
⇩ 5.3% vs 57 days last year

Price Per Square Foot

Median $/sqft
$246
⇧ 27.5% vs $193/sqft last year
Median Home Size
3,301 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 6 last year
  • Days on market: 54 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $712,250 (+31.9% YoY)
  • Average: $1,035,705 (+122.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.7 miles — 666 listings ($266,254,430 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23436Suffolk, VA 234360.0 mi5$5,359,700$654,900$1,071,940
23432Suffolk, VA 234322.9 mi3$1,416,339$449,500$472,113
23435Suffolk, VA 234354.3 mi150$80,041,500$514,900$533,610
23607Newport News, VA 236078.0 mi80$20,192,400$228,675$252,405
23605Newport News, VA 236059.4 mi20$5,498,740$255,450$274,937
23707Portsmouth, VA 2370710.0 mi37$10,476,328$280,950$283,144
23430Smithfield, VA 2343010.6 mi69$41,186,790$571,240$596,910
23601Newport News, VA 2360111.6 mi40$14,235,720$311,238$355,893
23704Portsmouth, VA 2370411.9 mi68$17,330,412$259,700$254,859
23505Norfolk, VA 2350512.1 mi46$19,165,762$318,825$416,647
23487Windsor, VA 2348712.2 mi16$8,528,704$521,243$533,044
23666Hampton, VA 2366612.6 mi103$32,823,937$325,000$318,679
23509Norfolk, VA 2350913.7 mi29$9,998,098$284,975$344,762

Frequently Asked Questions

How many homes are for sale in SUFFOLK, VA 23436?

As of March 2026, there are 5 active listings in SUFFOLK, VA (zip code 23436), compared to 6 the prior year.

What is the median home price in SUFFOLK, VA 23436?

The median listing price in SUFFOLK, VA 23436 is $712,250 as of March 2026, a 31.9% increase from $539,900 the prior year.

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

Homes in SUFFOLK, VA 23436 spend an average of 54 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in SUFFOLK, VA 23436?

Based on current inventory and days-on-market data as of March 2026, SUFFOLK, VA 23436 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 54 days on market compared to 57 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 23436 save an estimated $14,245 compared to a typical 5% commission on the median listing price of $712,250. 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.