Suffolk City's June First-Time Homebuyer Report

Suffolk City has a much older population than other areas in Virginia with a median age of 37 years. It is also affluent with a median income of $57,223 per household. 23434, 23323, and 23435 are its three most populated zip codes. Detached homes account for 89% of the area's current housing market. The top school in the county is Moyock Elementary School.

Price Range

The median value of homes in Suffolk City is $199,000, making it one of the most valuable areas in Virginia. At the same time, the average list price of available homes is presently $252,092. 23436, 23432, and 23433 have the highest worth in the county. The Suffolk City market pulled back this week but remained above average levels as sales slid 10.6% to 152 homes sold over the last 30 days.

Typical Dwelling

A four-bedroom detached home valued around $309,318 is considered a typical dwelling in Suffolk City. If a buyer was looking for a similar home, they would need good credit and a $61,864 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,207 and the property tax rate is $9.23 per $1,000 of taxable assessed value.

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


Data reported through 6/15/2017

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CENTURY 21 Nachman Realty
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John E. Wood Realty Inc.
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