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Advertise here →Suffolk, VA · Market Data
Suffolk, Virginia real estate market data.
Real estate market data for Suffolk, VA (Suffolk city) — Census median home value $329,600, county listing prices up about 5.1% over the past year.
Suffolk, VA is in Suffolk city, Virginia — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 96,638, with a median household income of $90,089. Census data puts Suffolk's median home value at $329,600 (all owner-occupied homes); Suffolk city's current median listing price runs $467,000, up about 5.1% over the past year.
At a glance
Suffolk market snapshot
Population
96,638
Median Household Income
$90,089
Median Home Value (city)
$329,600
Median Listing Price (Suffolk city)
$467,000
Median Gross Rent
$1,484/mo
Price Trend (YoY)
+5.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Suffolk different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Suffolk's median home value — across all owner-occupied homes, not just recent sales — at $329,600. Separately, Suffolk city's current median listing price (via Realtor.com data, 2026-06-01) runs $467,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Suffolk city's FHFA house price index shows a 3.97% annual change in 2025.
Population & Income
Suffolk has an estimated population of 96,638 and a median household income of $90,089, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Suffolk's Census-reported median home value works out to about 3.7x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Suffolk FAQ
What are home values like in Suffolk, VA?
The Census Bureau's American Community Survey puts Suffolk's median home value at $329,600. Suffolk city's current median listing price runs $467,000, up about 5.1% over the past year.
What is the population of Suffolk, VA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Suffolk's population at approximately 96,638.
What's the median rent in Suffolk, VA?
The Census ACS estimates median gross rent in Suffolk at approximately $1,484 per month.
What is the median household income in Suffolk, VA?
Census ACS data puts the median household income in Suffolk at approximately $90,089.
Is the Suffolk housing market growing?
Suffolk city's FHFA house price index shows a 3.97% annual change in 2025.
Is Suffolk, VA affordable relative to income?
Census ACS data puts Suffolk's median home value at about 3.7 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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