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Suffolk, VA 23434 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Suffolk, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.17
ActiveActive listings: 127127PendingPending sales: 2121
Suffolk, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $407k$407kSoldMedian sold price (last 6 months): $340k$340k
What homes actually sell for in Suffolk, VA
Distribution of 358 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $262k to $437k
$98k to $157k: 15 sales$98k$157k to $217k: 24 sales$217k to $276k: 48 sales$217k$276k to $335k: 72 sales72sales$335k to $395k: 54 sales$335k$395k to $454k: 49 sales$454k to $514k: 41 sales$454k$514k to $573k: 20 salesMedian $340k

What the numbers say

As of October 26, 2026, Resideline is tracking 127 active listings and 21 pending sales in ZIP code 23434. That pending-to-active ratio of 0.17 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $407,000, while the median of the 358 closed sales Resideline tracked over the last six months was $340,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23434 for 84 days.

Frequently asked questions

What is the median home price in 23434?

The median closed sale price in Suffolk, VA 23434 was $340,000 over the last six months, based on 358 closed sales tracked by Resideline. The middle half of those sales ranged from $262,000 to $437,100.

Is 23434 a buyer's or seller's market?

Resideline is currently tracking 21 pending sales against 127 active listings in 23434, a pending-to-active ratio of 0.17. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 23434 is currently a faster-moving market.

Nearby ZIP code market data

Full Suffolk, VA housing market report →

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