Market Intelligence · VA / Suffolk

Suffolk, VA 23435 Housing Market

The typical home value in Suffolk 23435 is $450,320, up 2.2% over the past year. The median list price sits at $542,724, with homes taking a median 55 days to sell as of September 2026.

Updated September 2026Median value$450K

The median home value in Suffolk, VA 23435 is $450K as of September 2026, up 2.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 23435 range

$414K to $486K

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

+2.2% over 12 months

Typical home value in 23435 over the last 12 months: $441K in Sep 2025 to $450K in Sep 2026 (+2.2%).

Sep 2025$441K

Sep 2026$450K

The numbers

What is the 23435 housing market like?

Typical home value

$450K

Up2.2%YoY

Median list price

$543K

Up5.4%MoM

Days on market

55

Up14.6%MoM

Homes for sale

169

Down10.6%MoM

Price cuts

18.5%

Down10.1%MoM

New listings

64

Up6.7%MoM

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

The outlook

23435 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 23435 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 23435 rose 2.2%, per the Zillow Home Value Index.

Will home prices drop in 23435?

Zillow's forecast does not call for a drop: it expects typical home values in 23435 to rise 1.7% by September 2027, after a 2.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 23435 home prices compare?

  • 23435$450,320
  • Suffolk$450,320
  • Virginia$328,255
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Suffolk: 7 ZIPs; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

There are 169 homes on the market in 23435, with 64 new listings arriving in September 2026. The median time to sale is 55 days, which suggests steady movement. However, 18.5% of listings have seen price cuts, indicating some sellers are adjusting to market realities. Despite year-over-year appreciation of 2.2%, modest gains and pricing pressure suggest this is a balanced market where timing and pricing strategy matter for sellers.

Monthly payment

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20% · $90,064

Common questions

What people ask us.

What is the typical home value in Suffolk 23435?

The typical home value is $450,320, which has risen 2.2% over the past year.

How long do homes stay on the market here?

As of September 2026, the median days on market is 55.

What is the median list price?

The median list price is $542,724 as of September 2026.

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Nearby ZIP markets.

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