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Suffolk, VA 23435 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: 0.18
ActiveActive listings: 6060PendingPending sales: 1111
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): $586k$586kSoldMedian sold price (last 6 months): $430k$430k
What homes actually sell for in Suffolk, VA
Distribution of 224 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $360k to $555k
$272k to $337k: 26 sales$272k$337k to $402k: 60 sales60sales$402k to $466k: 32 sales$402k$466k to $531k: 27 sales$531k to $596k: 25 sales$531k$596k to $660k: 13 sales$660k to $725k: 13 sales$660k$725k to $790k: 5 salesMedian $430k

What the numbers say

As of October 26, 2026, Resideline is tracking 60 active listings and 11 pending sales in ZIP code 23435. That pending-to-active ratio of 0.18 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 $586,239, while the median of the 224 closed sales Resideline tracked over the last six months was $429,889. 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 23435 for 82 days.

Frequently asked questions

What is the median home price in 23435?

The median closed sale price in Suffolk, VA 23435 was $429,889 over the last six months, based on 224 closed sales tracked by Resideline. The middle half of those sales ranged from $359,900 to $555,000.

Is 23435 a buyer's or seller's market?

Resideline is currently tracking 11 pending sales against 60 active listings in 23435, a pending-to-active ratio of 0.18. 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, 23435 is currently a faster-moving market.

Nearby ZIP code market data

Full Suffolk, VA housing market report →

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