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Suffolk Market Report

$418,525

AVERAGE PRICE OF 909 HOMES

$163,030

AVERAGE PRICE OF 10 DISTRESSED HOMES

$2,303,338

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$443,254

AVERAGE PRICE OF 397 NEWLY BUILT HOMES

$667,428

AVERAGE PRICE OF 29 HOMES WITH A POOL

$348,564

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $418,525
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $250,715
2 bedrooms $296,118
3 bedrooms $316,376
4 bedrooms $466,936
5 bedrooms $576,671
Suffolk Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 926 n/a n/a n/a 905
Average Price $415,430 n/a n/a n/a $427,161
Avg Price Change n/a n/a n/a n/a +1.54%
Median Price $364,987 n/a n/a n/a $379,107
Med Price Change n/a n/a n/a n/a +0.52%
Avg Bedrooms 3.06 beds n/a n/a n/a 3.14 beds
Avg Bathrooms 1.98 baths n/a n/a n/a 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kings Fork 408 $403,273 116 days
Lakeland 204 $327,049 185 days
Nansemond River 279 $441,358 124 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 909 $418,525 138 days
Distressed Homes 10 $163,030 118 days
Multi-Million Dollar Homes 24 $2,303,338 448 days
Newly Built Homes 397 $443,254 121 days
Homes with a Pool 29 $667,428 44 days
Reduced Price Homes 24 $348,564 28 days
James & Lee Realty
Lynn Hundley
3707 Virginia Beach Blvd., Suite 203
Virginia Beach, VA 23462
757-343-3223

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REIN update its listing on a daily basis. data last updated: August 15, 2022

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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