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Suffolk, VA 23434 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Suffolk, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.19
ActiveActive listings: 114114PendingPending sales: 2222
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): $400k$400kSoldMedian sold price (last 6 months): $330k$330k
What homes actually sell for in Suffolk, VA
Distribution of 425 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $255k to $435k
$115k to $174k: 25 sales$115k$174k to $233k: 39 sales$233k to $292k: 69 sales$233k$292k to $350k: 82 sales82sales$350k to $409k: 54 sales$350k$409k to $468k: 58 sales$468k to $527k: 33 sales$468k$527k to $586k: 22 salesMedian $330k

What the numbers say

As of September 14, 2026, Resideline is tracking 114 active listings and 22 pending sales in ZIP code 23434. That pending-to-active ratio of 0.19 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $399,999, while the median of the 425 closed sales Resideline tracked over the last six months was $330,000. 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 $330,000 over the last six months, based on 425 closed sales tracked by Resideline. The middle half of those sales ranged from $255,000 to $435,000.

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

Resideline is currently tracking 22 pending sales against 114 active listings in 23434, a pending-to-active ratio of 0.19. 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

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