Start Free
All market snapshots / 23434

Suffolk, VA 23434 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Suffolk, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.21
ActiveActive listings: 123123PendingPending sales: 2626
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): $412k$412kSoldMedian sold price (last 6 months): $335k$335k
What homes actually sell for in Suffolk, VA
Distribution of 392 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $260k to $435k
$100k to $162k: 19 sales$100k$162k to $225k: 35 sales$225k to $287k: 57 sales$225k$287k to $350k: 79 sales79sales$350k to $412k: 60 sales$350k$412k to $475k: 55 sales$475k to $537k: 33 sales$475k$537k to $600k: 16 salesMedian $335k

What the numbers say

As of October 5, 2026, Resideline is tracking 123 active listings and 26 pending sales in ZIP code 23434. That pending-to-active ratio of 0.21 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $412,000, while the median of the 392 closed sales Resideline tracked over the last six months was $335,000. 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 78 days.

Frequently asked questions

What is the median home price in 23434?

The median closed sale price in Suffolk, VA 23434 was $335,000 over the last six months, based on 392 closed sales tracked by Resideline. The middle half of those sales ranged from $260,000 to $435,000.

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

Resideline is currently tracking 26 pending sales against 123 active listings in 23434, a pending-to-active ratio of 0.21. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 23434 currently looks like a balanced market.

Nearby ZIP code market data

Full Suffolk, VA housing market report →

Running a deal in 23434? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

Run any 23434 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.