Call or Text (240) SELL-123

SUFFOLK, VA 23433

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SUFFOLK, VA real estate market (23433) currently shows 10 active listings. Homes are averaging 47 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 47 days on market compared to 40 days last year.

The median listing price has risen 3.8% year-over-year, from $631,850 to $656,175.

Whether you are buying or selling in SUFFOLK, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SUFFOLK, VA 23433 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 1,274  ·  Density: 286.9/mi²  ·  Median household income: $144,167

Typical home value: $504,071  ·  Homeownership: 97.2%

Market Overview

Active Listings
10
⇩ 50% vs 20 last year
Pending
0
0% pending ratio
Median Price
$656,175
⇧ 3.8% vs $631,850 last year
Average Price
$819,640
⇩ 1% vs $827,666 last year
Days on Market
47
⇧ 17.5% vs 40 days last year

Price Per Square Foot

Median $/sqft
$225
vs $225/sqft last year
Median Home Size
2,991 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 20 last year
  • Days on market: 47 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $656,175 (+3.8% YoY)
  • Average: $819,640 (-1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.0 miles — 787 listings ($310,441,113 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23433Suffolk, VA 234330.0 mi9$7,102,143$690,000$789,127
23314Carrollton, VA 233143.8 mi38$15,095,956$342,000$397,262
23435Suffolk, VA 234354.9 mi135$73,078,605$517,000$541,323
23703Portsmouth, VA 237036.9 mi72$25,197,552$348,500$349,966
23321Chesapeake, VA 233218.3 mi85$38,078,725$452,500$447,985
23701Portsmouth, VA 237019.5 mi61$16,629,027$265,000$272,607
23508Norfolk, VA 2350810.2 mi43$16,661,683$364,900$387,481
23507Norfolk, VA 2350710.9 mi21$9,285,234$250,000$442,154
23505Norfolk, VA 2350511.1 mi45$17,479,440$325,000$388,432
23666Hampton, VA 2366611.4 mi108$33,169,932$308,700$307,129
23702Portsmouth, VA 2370211.7 mi35$8,948,415$245,000$255,669
23606Newport News, VA 2360611.8 mi29$15,439,513$399,900$532,397
23669Hampton, VA 2366913.0 mi106$34,274,888$301,667$323,348

Frequently Asked Questions

How many homes are for sale in SUFFOLK, VA 23433?

As of February 2026, there are 10 active listings in SUFFOLK, VA (zip code 23433), compared to 20 the prior year.

What is the median home price in SUFFOLK, VA 23433?

The median listing price in SUFFOLK, VA 23433 is $656,175 as of February 2026, a 3.8% increase from $631,850 the prior year.

How long do homes stay on the market in SUFFOLK, VA?

Homes in SUFFOLK, VA 23433 spend an average of 47 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in SUFFOLK, VA 23433?

Based on current inventory and days-on-market data as of February 2026, SUFFOLK, VA 23433 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 40 days last year.

How much can I save on real estate commission in SUFFOLK, VA?

With SELL123.com's maximum 3% commission, sellers in SUFFOLK, VA 23433 save an estimated $13,124 compared to a typical 5% commission on the median listing price of $656,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.