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Preforeclosure Homes in Suffolk, VA 23434

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Suffolk, VA Foreclosures

How much do homes sell for in Suffolk, VA?
The average home price is currently $434,418.
In Suffolk, VA, how many homes are available?
There are currently 33 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 $103,742,080.
What is currently the cheapest priced home in Suffolk, VA?
The cheapest home for sale in Suffolk is priced at $10,222.

Living in Suffolk, VA

Suffolk, VA is a charming city with a blend of history and modern living, featuring scenic landscapes and a tight-knit community. It offers excellent educational institutions and a variety of recreational activities. This growing city is appealing for families and young professionals alike.

Current Market Conditions in Suffolk, VA

The real estate market in Suffolk has shown stability with moderate growth over the past few years. Home prices are competitive compared to neighboring areas, and there is a steady demand for housing as new developments are underway. The city's attractive amenities and community spirit contribute to its desirability, particularly among families and retirees.

Looking ahead, Suffolk is poised for growth as infrastructure improvements and commercial developments take shape. The city's location within the Hampton Roads region provides easy access to major highways and employment centers, further bolstering its real estate market.

Home Value Estimator For Suffolk, VA

There are currently 34,289 real estate properties in Suffolk, VA, with a median automated valuation model (AVM) price of $368,800.00. 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 $434,418.00, with the most expensive house in Suffolk, VA, topping out at $103,742,080.00 and the cheapest home in Suffolk, VA, clocking in at $10,222.00. 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 23434 Preforeclosure Homes

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