Suffolk Market Report
$319,228
AVERAGE PRICE OF 1,029 HOMES$215,946
AVERAGE PRICE OF 40 DISTRESSED HOMES$2,280,930
AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES$350,717
AVERAGE PRICE OF 386 NEWLY BUILT HOMES$469,958
AVERAGE PRICE OF 34 HOMES WITH A POOL$340,813
AVERAGE PRICE OF 17 REDUCED PRICE HOMESAverage Home
| Average Price | $319,228 |
| Avg Bedrooms | 2.97 beds |
| Avg Bathrooms | 1.84 baths |
Average Price by Bedrooms
| 1 bedroom | $27,000 |
| 2 bedrooms | $138,126 |
| 3 bedrooms | $249,575 |
| 4 bedrooms | $350,012 |
| 5 bedrooms | $448,496 |
Suffolk Home Price Trends
| 11/2019 | 10/2019 | 9/2019 | 8/2019 | 7/2019 | |
|---|---|---|---|---|---|
| Total Listings | 1,033 | 1,061 | 1,110 | 1,153 | 1,197 |
| Average Price | $321,204 | $319,463 | $319,731 | $324,171 | $320,529 |
| Avg Price Change | +0.54% | -0.08% | -1.39% | +1.14% | +0.81% |
| Median Price | $289,998 | $288,388 | $286,901 | $280,217 | $277,570 |
| Med Price Change | +0.56% | +0.52% | +2.39% | +0.95% | +0.29% |
| Avg Bedrooms | 2.98 beds | 3.01 beds | 3.03 beds | 3.04 beds | 3.02 beds |
| Avg Bathrooms | 1.85 baths | 1.88 baths | 1.89 baths | 1.9 baths | 1.89 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| King William | 1 | $67,000 | 51 days |
| Kings Fork | 469 | $307,016 | 118 days |
| Lake Taylor | 1 | $229,900 | 48 days |
| Lakeland | 247 | $251,343 | 175 days |
| Nansemond River | 287 | $352,859 | 193 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,029 | $319,228 | 155 days |
| Distressed Homes | 40 | $215,946 | 118 days |
| Multi-Million Dollar Homes | 17 | $2,280,930 | 475 days |
| Newly Built Homes | 386 | $350,717 | 120 days |
| Homes with a Pool | 34 | $469,958 | 101 days |
| Reduced Price Homes | 17 | $340,813 | 72 days |
