The Suffolk housing market is somewhat competitive. Homes in Suffolk receive 2 offers on average and sell in around 40 days. The median sale price of a home in Suffolk was $394K last month, up 17.7% since last year. The median sale price per square foot in Suffolk is $191, up 7.9% since last year.
In March 2024, Suffolk home prices were up 17.7% compared to last year, selling for a median price of $394K. On average, homes in Suffolk sell after 40 days on the market compared to 40 days last year. There were 165 homes sold in March this year, up from 143 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$394,399
+17.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Suffolk, VA
$394,399
+17.7%
United States
To compare other locations to the Suffolk and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Suffolk add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Suffolk housing market?
Suffolk is somewhat competitive. Homes sell in 34 days.
0
100
65
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 34 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Suffolk
Explore recent offers and recently sold homes in Suffolk
Recent offers
Offer Not Accepted|
11 Weeks Ago
~$650K Offer
Sold for $650K
5bd | 3ba | ~3,500sqft
Over List Price
1%
Days on Market
22
Competing Offers
0
Down Payment
—
Marshall Osbey
Suffolk Redfin Agent
This offer failed because the Seller requires a rentback until May 1st or later (having home built) which was not disclosed in listing.…
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Carrsville Elementary School
Public • PreK-5
245
Students
4 reviews
8/10
Edwin W. Chittum Elementary School
Public • PreK-5
760
Students
13 reviews
7/10
Northern Shores Elementary School
Public • PreK-5
859
Students
10 reviews
5/10
Oakland Elementary School
Public • PreK-5
457
Students
10 reviews
5/10
Kilby Shores Elementary School
Public • PreK-5
534
Students
9 reviews
Only showing 5 of
24 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Suffolk housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Suffolk.
Risk Factor
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Suffolk has a moderate risk of flooding. 3,237 properties in Suffolk are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Suffolk. Flood risk is increasing faster than the national average.
49% of properties are at risk of wildfire over the next 30 years
Fire Factor
Suffolk has a moderate risk of wildfire. There are 20,866 properties in Suffolk that have some risk of being affected by wildfire over the next 30 years. This represents 49% of all properties in Suffolk.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Suffolk has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Suffolk is most at risk from hurricanes. 41,992 properties in Suffolk have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 145 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 161 mph.