Housing Prices in Suffolk, VA
How much do homes in Suffolk, VA cost?
Median List Price
$389,435
$189/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Suffolk was $389,435 in April 2024, down 0.3% from the previous year, and the median price per square foot was $189.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $178K | $181.5K | +2.0% |
2 Bedrooms | $228K | $215K | -5.7% |
3 Bedrooms | $296.6K | $305.3K | +2.9% |
4 Bedrooms | $444.2K | $439.9K | -0.9% |
5+ Bedrooms | $575K | $565K | -1.7% |
Summary: Suffolk housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 1.7%.
Median List Price Compared To Nearby Cities
Suffolk | $390.5K | $389.4K | -0.3% |
Gates | $294.8K | $289K | -2.0% |
Franklin | $292.5K | $270.3K | -7.6% |
Housing Supply in Suffolk, VA
How many homes are available in Suffolk, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
902 | 1,005 | +11.4% |
Summary: The Suffolk real estate market had 1,005 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 39 | 41 | +5.1% |
3 Bedrooms | 336 | 387 | +15.2% |
4 Bedrooms | 358 | 390 | +8.9% |
5+ Bedrooms | 168 | 186 | +10.7% |
Summary: The Suffolk housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 10.7%.
Days on Market for Suffolk, VA
How long does it take to sell a home in Suffolk, VA?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
139 Days | 94 Days | -32.5% |
Summary: Homes in Suffolk had an average listing age of 94 days in Apr 2024, down by 32.5% compared to the previous year.