The Suffolk Guide
Suffolk, Virginia, is the largest city in the state by land area, offering a blend of small-town charm and natural beauty. Founded in 1742, it’s historically known as the birthplace of Planters Peanuts, with a peanut-themed festival still celebrated each fall.
The city boasts miles of scenic waterways, farmlands, and open spaces, making it a destination for outdoor enthusiasts. Visitors can explore the Great Dismal Swamp National Wildlife Refuge, enjoy fishing and boating along the Nansemond River, or stroll the quaint downtown filled with shops and local dining. Suffolk is also home to unique cultural sites, including historic homes and museums that highlight its rich heritage. With its mix of history, agriculture, and outdoor adventure, Suffolk offers a welcoming experience for residents and visitors alike.
Suffolk Monthly Market Update
Watch or Read the Market Update Below
Suffolk Market Update
The average sales price has increased in Suffolk from last month to $405,000 from $396,500, that number is also higher than the average sales price from September of last year!
Suffolk has the most inventory at a little over 4 months of supply for home buyers to chose from!
I think people are still getting used to moving to Suffolk, the average days on market is the highest of the 7 cities at 31 days on the market, in other cities you are seeing more of that 21-25 days on the market. But for Suffolk the average days has decreased by 4 days from last month so traction is picking up in the Suffolk market for home buyers.
Closed deals are only slightly down year to year and from last month as well.
Suffolk is a great central location in the Hampton Roads with a lot of great plans and initiatives coming their way!
More on Suffolk
Colleges in Suffolk
