Photo: User: Kubigula · CC BY-SA 3.01,829 homes sold in Suffolk in the last year, at a typical $400K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Suffolk homes are listed.
Every place Suffolk homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Suffolk.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
16% of Suffolk’s sales are condos, at $53K less than a house
1440 houses and 286 condos sold in the year to May 2026. Houses sell faster.
typical sale · 1440 sold in 12 months
- Per square foot
- $201VA $222
- Days to sell
- 54
- Sold over asking
- 32%
- Listings with a price cut
- 20%
typical sale · 286 sold in 12 months
- Per square foot
- $205VA $301
- Days to sell
- 73
- Sold over asking
- 32%
- Listings with a price cut
- 16%
Multi-family (2–4 units): 17 sold, typical $245K
Townhouses: 86 sold, typical $334K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.6 times the 2016 price
1,829 sales in the last year, against 2,569 in 2021 and a low of 1,275 in 2014. The typical sale went from $244K in 2016 to $400K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Suffolk
Check a listing against what Suffolk homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Suffolk are more common than before the pandemic, with about as many homes for sale
We read every month of Suffolk’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,829 sales.
If you’re buying in Suffolk
- Shop in March. It brings about 227 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
- Some room to negotiate. 19% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 99.5% of the list price on average; 32% paid over.
- You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 55 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 228 a month), but May is the most competitive: 36% of May sales close over asking. January has the least competition (29%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Virginia as a whole
| Suffolk now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 32% | 21% | 56% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 33% | 19% | 67% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 19% | 19% | 9% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 99.5% | 98.8% | 101.3% | 99.3% |
| Days to sellMedian days from listing to contract | 55 | 62 | 24 | 38 |
535 homes for sale on a typical day
That’s 1.5 times the 2021 low (354), about the 2017–19 level and well under 2014’s 691.
1 in 5 listings has cut its price
19% in the last year, against 19% in 2017–19 and 25% across Virginia.
Since 2019, houses are up 53%, condos 61%
A house typically sold for $422K in the last year (1440 sales), a condo for $369K (286).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Suffolk ranks 102nd of 179 busy Virginia markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Suffolk is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Suffolk home costs about $2,397 a month
Price: Suffolk’s typical sale, last 12 months. Property tax at Suffolk’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Suffolk is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 122.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $400K home, about $3,710 a year.
Taxes vs. neighborsSchools
The schools grade for Suffolk, from test results, graduation and how much students grow.
Schools in SuffolkCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Benns Church, Franklin and Portsmouth sell for less a square foot
The busier markets within 25 miles of Suffolk, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Chesapeake | 3,769 | $416K | $217 | 36% | 34 |
| Suffolk | 1,829 | $400K | $201 | 32% | 55 |
| Portsmouth | 1,712 | $276K | $182 | 38% | 36 |
| Carrollton | 302 | $442K | $213 | 38% | 84 |
| Franklin | 170 | $253K | $152 | 31% | 60 |
| Windsor | 37 | $387K | $198 | 27% | 35 |
| Benns Church | 34 | $397K | $189 | 32% | 81 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Suffolk, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Suffolk. People who follow the town see it, and so do people comparing Suffolk with their own town. No commission, no listing fee.
Questions about buying a home in Suffolk
What do homes sell for in Suffolk, VA?
1,829 homes sold in the year to May 2026 at a typical $400K, $201 a square foot. Houses sold for about $422K, condos for about $369K.
Is Suffolk a buyer’s or seller’s market?
A seller’s market: 438 homes were for sale in May 2026 and 160 sold, about 2.7 months of supply. Buyers paid 99.5% of asking on average, and 19% of listings cut their price.
When is the best time to buy in Suffolk?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Suffolk?
About 0.9% of a home’s value a year. On a $400K home that’s near $3,710.
Where can I see homes for sale in Suffolk?
Zillow, Redfin, Realtor.com and Homes.com all carry Suffolk’s MLS listings; the search links above open each one filtered to Suffolk.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).