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Foreclosure Homes in Suffolk, VA

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Suffolk, VA Foreclosures

Current Market Conditions in in Suffolk, VA As of February 2026?
Over the past month, Suffolk's real estate market has experienced a slight increase in home sales, driven by seasonal activity and favorable interest rates. Homes are selling slightly faster than in previous months, reflecting increased buyer engagement and competition in certain price points. Additionally, listings have been relatively stable, with slight fluctuations in days on market due to the continued demand.
How much do homes sell for in Suffolk, VA?
The average home price is currently $443,878.
In Suffolk, VA, how many homes are available?
There are currently 281 active home listings available in Suffolk.
What’s the average rental cost in Suffolk, VA?
The average rental price in Suffolk is $1,774.
What is the most expensive home in Suffolk?
The most expensive home sold in Suffolk had a price of $104,055,540.
What is currently the cheapest priced home in Suffolk, VA?
The cheapest home for sale in Suffolk is priced at $10,253.

Living in Suffolk, VA

Suffolk, VA is a charming city with a rich history and strong community ties, featuring parks, shopping, and dining. Known for its beautiful landscapes and welcoming atmosphere, Suffolk offers easy access to transportation and a variety of educational options, making it an ideal place for families and professionals.

Buyer vs Seller Market in Suffolk, VA

The real estate market in Suffolk is characterized by a range of housing options, from historic homes to new developments, catering to a variety of buyers. Recently, there has been an upward trend in home values, driven by a robust demand and a limited supply of homes for sale.

The area remains attractive to buyers due to its combination of affordability and quality of life. New construction projects are also on the rise, indicating a positive outlook for Suffolk's real estate market.

Home Value Estimator For Suffolk, VA

There are currently 36,394 real estate properties in Suffolk, VA, with a median automated valuation model (AVM) price of $376,878.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Suffolk, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Suffolk, VA, is $443,878.00, with the most expensive house in Suffolk, VA, topping out at $104,055,540.00 and the cheapest home in Suffolk, VA, clocking in at $10,253.00. In other words, there’s something for every potential homebuyer or savvy investor in Suffolk, VA!

Rent Prices In Suffolk, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Suffolk, VA, is on a rollercoaster ride. The average rent price in Suffolk, VA, is $1,774.00. Indeed, when looking to rent in Suffolk, VA, you can expect to pay as little as $640.00 or as much as $6,490.00, with the average rent median estimated to be $1,660.00. The good news is that finding an affordable and desirable property to rent in Suffolk, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Suffolk, VA Foreclosures


Market Trend for Suffolk, VA

Total Listings Available: 281

Market Values:

Home Prices from $10,253 to $104,055,540

Average Sales Price: $443,878

Rental Values:

Rental from $640 to $6,490

Average Rent Value: $1,774 / month

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