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Suffolk Market Report

$437,051

AVERAGE PRICE OF 767 HOMES

$236,691

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,424,291

AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

$456,926

AVERAGE PRICE OF 339 NEWLY BUILT HOMES

$675,697

AVERAGE PRICE OF 34 HOMES WITH A POOL

$367,588

AVERAGE PRICE OF 30 REDUCED PRICE HOMES

Average Home

Average Price $437,051
Avg Bedrooms 3.09 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $40,000
2 bedrooms $312,709
3 bedrooms $325,425
4 bedrooms $478,037
5 bedrooms $603,118
Suffolk Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 781 794 850 901 926
Average Price $435,628 $435,649 $421,971 $416,961 $415,430
Avg Price Change 0.00% +3.24% +1.20% +0.37% n/a
Median Price $380,782 $378,854 $372,619 $369,392 $364,987
Med Price Change +0.51% +1.67% +0.87% +1.21% n/a
Avg Bedrooms 3.1 beds 3.12 beds 3.08 beds 3.08 beds 3.06 beds
Avg Bathrooms 2 baths 2.02 baths 2 baths 2 baths 1.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kings Fork 362 $420,820 112 days
Lakeland 163 $354,800 222 days
Nansemond River 229 $436,266 140 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 767 $437,051 148 days
Distressed Homes 12 $236,691 126 days
Multi-Million Dollar Homes 23 $2,424,291 499 days
Newly Built Homes 339 $456,926 107 days
Homes with a Pool 34 $675,697 59 days
Reduced Price Homes 30 $367,588 53 days
Coldwell Banker Premier
Lynn Hundley
4460 Corporate Lane, St 130
Virginia Beach, VA 23464
757-343-3223

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REIN update its listing on a daily basis. data last updated: December 3, 2022

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