Market Intelligence · VA / Suffolk

Suffolk, VA 23437 Housing Market

The typical home in Suffolk, VA 23437 is worth $353,916, up 3.5% over the past year. The median list price is $529,900, and homes are spending a median of 36 days on market, as of 2026-08-01.

Updated August 2026Median value$354K

The median home value in Suffolk, VA 23437 is $354K as of August 2026, up 3.5% 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 23437 range

$326K to $382K

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

+3.5% over 12 months

Typical home value in 23437 over the last 12 months: $342K in Aug 2025 to $354K in Aug 2026 (+3.5%).

Aug 2025$342K

Aug 2026$354K

The numbers

What is the 23437 housing market like?

Typical home value

$354K

Up3.5%YoY

Median list price

$530K

Up14.6%MoM

Days on market

36

Down41.0%MoM

Homes for sale

16

Down5.9%MoM

Price cuts

33.3%

Up22.9%MoM

New listings

8

Down20.0%MoM

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

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The comparison

How do 23437 home prices compare?

  • 23437$353,916
  • 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

Suffolk, VA 23437 is a small market. There were 16 homes for sale as of 2026-08-01, with 8 new listings coming on. Values are trending up, with the typical home value at $353,916, a gain of 3.5% over the past year. The median list price of $529,900 sits well above that typical value, which suggests sellers are aiming high. A median of 36 days on market points to a steady pace, not a frenzy. A third of listings have taken a price cut, so a seller who prices realistically from the start is in a better position than one who tests the ceiling.

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