Zip 23435 (Suffolk, VA) Housing

Housing in 23435 Suffolk, VA is in high demand, reflected in its median value of $372,900. This is significantly higher than the US house median value of $338,100 and it has appreciated at a rate of 11.30% over the last year compared to the US appreciation rate of 8.27%. This means that home values are increasing quickly and buyers can expect to pay more for a property than they could have a year ago.

The median home cost in Suffolk (zip 23435) is $372,900. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Suffolk (zip 23435) is up 13.1%.

Average Age of Homes

- The median age of Suffolk (zip 23435) real estate is 17 years old

The Rental Market in Suffolk (zip 23435)

- Renters make up 16.9% of the Suffolk (zip 23435) population
- 1.0% of houses and apartments in Suffolk (zip 23435), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Suffolk, Virginia	United States
	12,766.0	139,647,020.0
	19	42
	$372,900	$338,100
	13.1%	16.6%
	42.0%	57.0%
	58.5%	101.1%
	$10.62	$10.98
	$3,251	$2,690
	65.9%	57.4%
	4.6%	11.2%
	29.5%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.6%	2.4%
	0.5%	2.8%
	0.6%	3.9%
	1.3%	4.5%
	2.1%	11.3%
	7.2%	13.0%
	34.6%	20.1%
	28.3%	13.6%
	11.4%	8.3%
	8.5%	9.7%
	2.3%	3.9%
	0.7%	2.2%
	0.2%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.9%	0.2%
	34.6%	13.6%
	34.6%	13.6%
	21.3%	13.6%
	7.6%	13.2%
	8.1%	14.8%
	21.3%	13.6%
	2.4%	10.0%
	0.8%	4.7%
	1.1%	12.2%

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