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Suffolk Market Report

$428,881

AVERAGE PRICE OF 860 HOMES

$186,783

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,366,614

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$453,633

AVERAGE PRICE OF 403 NEWLY BUILT HOMES

$538,774

AVERAGE PRICE OF 22 HOMES WITH A POOL

$408,657

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $428,881
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

2 bedrooms $288,918
3 bedrooms $334,678
4 bedrooms $470,245
5 bedrooms $594,554
Suffolk Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 836 822 765 725 713
Average Price $428,484 $423,060 $422,064 $427,320 $431,355
Avg Price Change +1.28% +0.24% -1.25% -0.94% -1.11%
Median Price $386,853 $381,858 $383,377 $383,944 $381,412
Med Price Change +1.31% -0.40% -0.15% +0.66% +0.37%
Avg Bedrooms 3.2 beds 3.14 beds 3.12 beds 3.11 beds 3.09 beds
Avg Bathrooms 2.04 baths 1.99 baths 1.98 baths 1.97 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kings Fork 392 $415,392 106 days
Lakeland 197 $343,720 174 days
Nansemond River 252 $452,637 129 days
Other High School 3 $368,000 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 860 $428,881 131 days
Distressed Homes 12 $186,783 168 days
Multi-Million Dollar Homes 18 $2,366,614 462 days
Newly Built Homes 403 $453,633 99 days
Homes with a Pool 22 $538,774 48 days
Reduced Price Homes 14 $408,657 39 days
Keller Williams Elite Western Branch - JMD Elite Services, LLC
Jarrett Caldwell
3207 Churchland Blvd
Chesapeake, VA 23321
757-269-9704

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REIN update its listing on a daily basis. data last updated: June 4, 2023

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

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