The Suburban housing market is very competitive. The median sale price of a home in Suburban was $375K last month, down 1.8% since last year. The median sale price per square foot in Suburban is $218, up 15.0% since last year.
What is the housing market like in Suburban today?
In March 2024, Suburban home prices were down 1.8% compared to last year, selling for a median price of $375K. On average, homes in Suburban sell after 49 days on the market compared to 34 days last year. There were 7 homes sold in March this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,000
-1.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Suburban, VA
$375,000
-1.8%
United States
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How hot is the Suburban housing market?
Suburban is very competitive. Homes sell in 18 days.
0
100
79
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 18 days.
Hot homes
can sell for about 1% above list price and go pending in around 10 days.
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 Suburban housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Suburban.
Risk Factor
Flood Factor - Major
97% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Suburban has a major risk of flooding. 156 properties in Suburban are likely to be
severely affected
by flooding over the next 30 years. This represents 97% of all properties in Suburban. Flood risk is increasing faster than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Suburban has a minor risk of wildfire. There are 12 properties in Suburban that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Suburban.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Suburban has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Suburban is most at risk from hurricanes. 835 properties in Suburban 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 125 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 140 mph.