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Foreclosure Homes in Suffolk, VA 23436

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Suffolk, VA Foreclosures

Current Market Conditions in in Suffolk, VA As of March 2026?
In the past month, Suffolk's real estate market has experienced a moderate increase in home prices, reflecting a growing interest from prospective buyers. The limited inventory has made it challenging for some buyers, particularly first-time homebuyers, who are competing for available properties. However, the city remains an attractive option due to its excellent amenities and community features, suggesting that demand will likely sustain pricing momentum going forward.
How much do homes sell for in Suffolk, VA?
The average home price is currently $444,210.
What’s the average rental cost in Suffolk, VA?
The average rental price in Suffolk is $1,773.
What is the most expensive home in Suffolk?
The most expensive home sold in Suffolk had a price of $104,761,532.
What is currently the cheapest priced home in Suffolk, VA?
The cheapest home for sale in Suffolk is priced at $10,322.

Living in Suffolk, VA

Suffolk, VA is a vibrant city that blends history with modern living, offering a mix of suburban tranquility and urban accessibility. Known for its spacious parks and community spirit, Suffolk provides a great environment for families and young professionals alike. The local economy is growing, and the area is ideal for those seeking a balance of leisure and convenience.

Buyer vs Seller Market in Suffolk, VA

The real estate market in Suffolk, VA has shown steady growth over the past year, with an increasing demand for homes due to the city's appealing lifestyle and affordability compared to nearby urban areas. Buyers are attracted to the spacious properties and family-friendly amenities, contributing to a competitive market environment.

The market is currently characterized by low inventory, which has led to rising prices in certain neighborhoods while others remain more affordable. As more residents seek out Suffolk for its quality of life and accessibility, the trend towards increased home values is expected to continue.

Home Value Estimator For Suffolk, VA

There are currently 36,409 real estate properties in Suffolk, VA, with a median automated valuation model (AVM) price of $376,876.00. 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 $444,210.00, with the most expensive house in Suffolk, VA, topping out at $104,761,532.00 and the cheapest home in Suffolk, VA, clocking in at $10,322.00. 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 $1,773.00. 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 23436 Foreclosures


Market Trend for Suffolk, VA

Total Listings Available: 0

Market Values:

Home Prices from $10,322 to $104,761,532

Average Sales Price: $444,210

Rental Values:

Rental from $640 to $6,490

Average Rent Value: $1,773 / month

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