Call or Text (240) SELL-123

SUFFOLK, VA 23437

Real Estate Market Report
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
19
⇩ 5% vs 20 last year
Pending
0
0% pending ratio
Median Price
$429,900
⇩ 2.3% vs $439,900 last year
Average Price
$468,782
⇧ 1.8% vs $460,421 last year
Days on Market
88
⇧ 10% vs 80 days last year

Market Context

Population: 4,647  ·  Density: 17.9/mi²  ·  Median household income: $70,823

Typical home value: $282,071  ·  Homeownership: 82.5%

Market Analysis

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

The SUFFOLK, VA real estate market (23437) currently shows 19 active listings. Homes are averaging 88 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 taking longer to sell, averaging 88 days on market compared to 80 days last year.

The median listing price has fallen 2.3% year-over-year, from $439,900 to $429,900.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SUFFOLK, VA 23437 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 20 last year
  • Days on market: 88 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $429,900 (-2.3% YoY)
  • Average: $468,782 (+1.8% 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 23.1 miles — 84 listings ($32,565,815 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23437Suffolk, VA 234370.0 mi19$8,906,858$429,900$468,782
23315Carrsville, VA 233157.5 mi1$714,900$714,900$714,900
27937Gates, NC 279379.1 mi15$4,555,065$336,150$303,671
23898Zuni, VA 2389813.6 mi1$325,000$325,000$325,000
27935Eure, NC 2793514.5 mi1$265,000$265,000$265,000
23487Windsor, VA 2348715.6 mi14$7,634,130$527,490$545,295
23837Courtland, VA 2383717.9 mi14$4,936,260$299,900$352,590
23878Sedley, VA 2387818.0 mi4$1,275,900$314,950$318,975
27979Sunbury, NC 2797918.9 mi5$994,750$198,950$198,950
23432Suffolk, VA 2343221.4 mi3$1,352,901$501,950$450,967
27922Cofield, NC 2792221.9 mi1$249,900$249,900$249,900
23827Boykins, VA 2382722.5 mi3$684,900$159,999$228,300
27877Severn, NC 2787723.1 mi3$670,251$223,417$223,417

Frequently Asked Questions

How many homes are for sale in SUFFOLK, VA 23437?

As of January 2026, there are 19 active listings in SUFFOLK, VA (zip code 23437), compared to 20 the prior year.

What is the median home price in SUFFOLK, VA 23437?

The median listing price in SUFFOLK, VA 23437 is $429,900 as of January 2026, a 2.3% decrease from $439,900 the prior year.

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

Homes in SUFFOLK, VA 23437 spend an average of 88 days on the market before going under contract, compared to 80 days the prior year.

Is it a seller's or buyer's market in SUFFOLK, VA 23437?

Based on current inventory and days-on-market data as of January 2026, SUFFOLK, VA 23437 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 88 days on market compared to 80 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 23437 save an estimated $8,598 compared to a typical 5% commission on the median listing price of $429,900. 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.