Is Suffolk, VA 23436 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Suffolk is a seller’s market. With about 3.2 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market

Sold above original list20%Share of sales, last 3 months

Median sale-to-list99.3%Sold price ÷ list price

Median days on market44Listing to accepted offer

Median price per sq ft$225▲ +2.2% vs. last year

Run the numbers for 23436

Prefilled for 23436Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23436Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Suffolk 23432Buyer’s market $208 /sq ft Suffolk 23433Balanced $217 /sq ft Suffolk 23434Seller’s market $197 /sq ft Suffolk 23435Seller’s market $215 /sq ft Browse all markets →

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More tools for 23436

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Suffolk (city) property taxes Suffolk (city) loan limits Closing costs in Virginia Hottest ZIP codes in Virginia

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology