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Suffolk, VA 23435 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: 0.27
ActiveActive listings: 6060PendingPending sales: 1616
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): $581k$581kSoldMedian sold price (last 6 months): $460k$460k
What homes actually sell for in Suffolk, VA
Distribution of 272 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $365k to $560k
$272k to $336k: 29 sales$272k$336k to $400k: 62 sales62sales$400k to $465k: 34 sales$400k$465k to $529k: 43 sales$529k to $593k: 38 sales$529k$593k to $657k: 15 sales$657k to $722k: 18 sales$657k$722k to $786k: 6 salesMedian $460k

What the numbers say

As of September 14, 2026, Resideline is tracking 60 active listings and 16 pending sales in ZIP code 23435. That pending-to-active ratio of 0.27 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $580,740, while the median of the 272 closed sales Resideline tracked over the last six months was $459,800. 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 77 days.

Frequently asked questions

What is the median home price in 23435?

The median closed sale price in Suffolk, VA 23435 was $459,800 over the last six months, based on 272 closed sales tracked by Resideline. The middle half of those sales ranged from $365,000 to $560,000.

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

Resideline is currently tracking 16 pending sales against 60 active listings in 23435, a pending-to-active ratio of 0.27. 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, 23435 currently looks like a balanced market.

Nearby ZIP code market data

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