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Suffolk Market Report

$368,014

AVERAGE PRICE OF 971 HOMES

$147,853

AVERAGE PRICE OF 22 DISTRESSED HOMES

$2,434,473

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$395,671

AVERAGE PRICE OF 453 NEWLY BUILT HOMES

$567,807

AVERAGE PRICE OF 27 HOMES WITH A POOL

$362,677

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $368,014
Avg Bedrooms 3.15 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

2 bedrooms $203,909
3 bedrooms $280,702
4 bedrooms $386,218
5 bedrooms $483,795
Suffolk Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings 1,010 1,009 1,005 1,020 1,028
Average Price $365,060 $368,034 $355,192 $349,997 $344,027
Avg Price Change -0.81% +3.62% +1.48% +1.74% +1.07%
Median Price $340,531 $343,052 $330,711 $326,672 $316,073
Med Price Change -0.74% +3.73% +1.24% +3.35% +2.39%
Avg Bedrooms 3.15 beds 3.15 beds 3.12 beds 3.11 beds 3.05 beds
Avg Bathrooms 1.98 baths 1.98 baths 1.96 baths 1.94 baths 1.91 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kings Fork 419 $371,038 104 days
Lakeland 234 $307,482 194 days
Nansemond River 302 $369,382 130 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 971 $368,014 137 days
Distressed Homes 22 $147,853 114 days
Multi-Million Dollar Homes 20 $2,434,473 457 days
Newly Built Homes 453 $395,671 115 days
Homes with a Pool 27 $567,807 53 days
Reduced Price Homes 2 $362,677 67 days
James & Lee Realty
Lynn Hundley
3707 Virginia Beach Blvd., Suite 203
Virginia Beach, VA 23462
757-343-3223

©2020 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc, (REIN) and has authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

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REIN update its listing on a daily basis. data last updated: December 2, 2020

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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