Housing in Suffolk, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$344,235
Median List Price
$420,000
Price Per Sq Ft
$193
Days on Market
68
Active Inventory
390
Months of Supply
4.0
Balanced market
Zillow Home Value
$374,067
ZHVI — January 2026
Zillow Rent Index
$1,889
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.6%
Off Market in 2 Weeks
33.5%
Sale-to-List Ratio
96.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
97
New Listings
181
Pending Sales
170
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$193
Median List $/SF
$207
Suffolk vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Suffolk is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$329,600
Median Rent
$1,484
Total Housing Units
39,651
Vacancy Rate
6.3%
Owner Occupied
70.4%
Renter Occupied
29.6%
Median Property Tax
$3,073
per year
Monthly Cost (w/ Mortgage)
$1,803
Housing Types
The current median sale price in Suffolk, VA is $344,235 according to Redfin data. Homes spend a median of 68 days on the market. 20.6% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $193. Zillow's observed rent index is $1,889/month. About 70.4% of housing units are owner-occupied. The median year homes were built is 1994. There are 39,651 total housing units.