Market Intelligence · VA / Suffolk

Suffolk, VA 23434 Housing Market

As of 2026-08-01, in Suffolk, VA 23434, the typical home value is $344,356, up 2.8% over the past year. The median list price is $398,500, and homes are spending a median of 40 days on the market.

Updated August 2026Median value$344K

The median home value in Suffolk, VA 23434 is $344K as of August 2026, up 2.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 23434 range

$317K to $372K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.8% over 12 months

Typical home value in 23434 over the last 12 months: $335K in Aug 2025 to $344K in Aug 2026 (+2.8%).

Aug 2025$335K

Aug 2026$344K

The numbers

What is the 23434 housing market like?

Typical home value

$344K

Up2.8%YoY

Median list price

$399K

Down4.2%MoM

Days on market

40

Down2.4%MoM

Homes for sale

252

Down0.4%MoM

Price cuts

23.5%

Up11.3%MoM

New listings

132

Up32.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 23434 home prices compare?

  • 23434$344,356
  • Suffolk$453,141
  • Virginia$330,987
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Suffolk: 7 ZIPs; Virginia: 757 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, Suffolk, VA 23434 had 252 homes for sale and 132 new listings. The median list price was $398,500, while the typical home value was $344,356, up 2.8% over the past year. A median of 40 days on market suggests buyers have some time to compare options. With 23.5% of listings showing a price cut, sellers should expect scrutiny on condition and pricing. The market is not frozen, but overpricing is likely to cost momentum.

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