Suffolk City Real Estate Market Sees Sales Fall

The Suffolk City market pulled back with a 13.0% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 115.6 monthly average with 100 homes sold. Within the same time period, Virginia Beach City had 530 sales, the most of all counties in the area. Potential buyers should note that prices are coming down in Suffolk City, and for this period the median sales price slid from $251,725 to $250,862. Along with the slip in sales, a relatively high 10 months of inventory indicates that Suffolk City is a definite buyer's market.

Trying to find a home in Suffolk City that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$459K   $1.4M   $1.5M  

Get started right now by checking out Suffolk City homes for sale or reviewing Suffolk City real estate trends.

Demographic facts about Suffolk City:

  • The population density is 211.4 people per square mile.
  • This area has a lifestyle rating of 56. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 83.4% by car, 10.2% by carpool, and 1.7% by public transit.

Data reported through 10/12/2016

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Ask a local expert about this area:
CENTURY 21 Nachman Realty
Snapped 12 homes in this area
Hulett and Associates Inc.
Snapped 1 home in this area
Nuvia Rivera & Associates
Snapped 4 homes in this area

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