Suffolk, VA Real Estate & Property Data

Suffolk Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Suffolk, VA. ATTOM’s Suffolk real estate data is updated daily, and current market trends show that in Suffolk, VA a total of 1,911 residential properties have sold over the past year. With a median home price of $360,000 in Suffolk and a total of 13 foreclosures. Get detailed property data for Suffolk, VA instantly. ATTOM is your one-stop-shop for the Suffolk property reports and real estate data you need in Suffolk, VA.

Suffolk Real Estate Market Trends
Total Residential Properties 32,967
Total Commercial Properties 2,825
Avg. Home Age (Single Family Home) 35 Years
Avg. Square Feet (Single Family Home) 2,051
Total 2024 Residential Sales (year-to-date) 204
% of Homes Seriously Underwater (Q2 2024) 0.88%
Total 2023 Residential Sales 1,819
% of Equity Rich Homes (Q2 2024) 22.41%
Effective 2023 Property Tax 0.98%
Total Foreclosure Filings (year-to-date) 18
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Suffolk, VA Real Estate Overview

There were 1,911 residential properties sold in the past year in Suffolk, VA. The median home value in Suffolk, VA is $343,494. There are a total of 32,967 residential properties in the Suffolk.

Median Sales Price i
$360,000
(Feb 2024)
+17.7%
year-over-year
y-o-y
  • February '24 Feb '24 $360,000
  • January '24 Jan '24 $322,000
  • December '23 Dec '23 $350,000
  • November '23 Nov '23 $353,000
  • October '23 Oct '23 $349,000
  • September '23 Sep '23 $385,000
  • August '23 Aug '23 $362,950
  • July '23 Jul '23 $386,450
  • June '23 Jun '23 $352,500
  • May '23 May '23 $360,000
  • April '23 Apr '23 $335,000
  • March '23 Mar '23 $310,000
Median Down Payment i
$56,008
(Feb 2024)
+138.3%
year-over-year
y-o-y
  • February '24 Feb '24 $56,008
  • January '24 Jan '24 $23,750
  • December '23 Dec '23 $23,000
  • November '23 Nov '23 $40,440
  • October '23 Oct '23 $25,500
  • September '23 Sep '23 $45,875
  • August '23 Aug '23 $24,575
  • July '23 Jul '23 $32,400
  • June '23 Jun '23 $17,650
  • May '23 May '23 $23,000
  • April '23 Apr '23 $18,794
  • March '23 Mar '23 $18,425
Number of Homes Sold i
105
(Feb 2024)
-21.6%
year-over-year
y-o-y
  • February '24 Feb '24 105
  • January '24 Jan '24 99
  • December '23 Dec '23 108
  • November '23 Nov '23 106
  • October '23 Oct '23 134
  • September '23 Sep '23 132
  • August '23 Aug '23 197
  • July '23 Jul '23 164
  • June '23 Jun '23 200
  • May '23 May '23 205
  • April '23 Apr '23 161
  • March '23 Mar '23 166
Number of Purchase Loans i
103
(Feb 2024)
-20.2%
year-over-year
y-o-y
  • February '24 Feb '24 103
  • January '24 Jan '24 86
  • December '23 Dec '23 112
  • November '23 Nov '23 108
  • October '23 Oct '23 121
  • September '23 Sep '23 131
  • August '23 Aug '23 190
  • July '23 Jul '23 152
  • June '23 Jun '23 197
  • May '23 May '23 187
  • April '23 Apr '23 156
  • March '23 Mar '23 163
Number of REFI Loans i
99
(Feb 2024)
+147.5%
year-over-year
y-o-y
  • February '24 Feb '24 99
  • January '24 Jan '24 82
  • December '23 Dec '23 52
  • November '23 Nov '23 74
  • October '23 Oct '23 70
  • September '23 Sep '23 56
  • August '23 Aug '23 95
  • July '23 Jul '23 68
  • June '23 Jun '23 86
  • May '23 May '23 87
  • April '23 Apr '23 74
  • March '23 Mar '23 65
Number of HELOC Loans i
29
(Feb 2024)
+81.2%
year-over-year
y-o-y
  • February '24 Feb '24 29
  • January '24 Jan '24 33
  • December '23 Dec '23 31
  • November '23 Nov '23 28
  • October '23 Oct '23 29
  • September '23 Sep '23 32
  • August '23 Aug '23 39
  • July '23 Jul '23 29
  • June '23 Jun '23 40
  • May '23 May '23 32
  • April '23 Apr '23 30
  • March '23 Mar '23 46

Suffolk, VA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Suffolk, VA Foreclosure Activity

There were a total of 13 Suffolk, VA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 13 Suffolk, VA properties and repossessed 1 Suffolk, VA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
13
(Feb 2024)
+85.7%
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 5
  • December '23 Dec '23 14
  • November '23 Nov '23 12
  • October '23 Oct '23 14
  • September '23 Sep '23 9
  • August '23 Aug '23 22
  • July '23 Jul '23 13
  • June '23 Jun '23 12
  • May '23 May '23 17
  • April '23 Apr '23 4
  • March '23 Mar '23 13
Foreclosure Starts i
13
(Feb 2024)
+85.7%
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 5
  • December '23 Dec '23 14
  • November '23 Nov '23 12
  • October '23 Oct '23 14
  • September '23 Sep '23 9
  • August '23 Aug '23 22
  • July '23 Jul '23 13
  • June '23 Jun '23 12
  • May '23 May '23 17
  • April '23 Apr '23 4
  • March '23 Mar '23 13
Completed Foreclosures (REOs) i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 3
  • June '23 Jun '23 4
  • May '23 May '23 5
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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