Zip 23437 (Suffolk, VA) Housing

The housing market in 23437 Suffolk, VA is thriving. The median value of a house in the area is $279,800, compared to the U.S. median value of $338,100. The one-year appreciation of a house in this area is 11.30%, much higher than the national appreciation rate of 8.27%. Investing in real estate in this region can be a great financial decision as it has seen steady growth in recent years and promises even more in the future.

The median home cost in Suffolk (zip 23437) is $279,800. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Suffolk (zip 23437) is up 13.1%.

Average Age of Homes

- The median age of Suffolk (zip 23437) real estate is 41 years old

The Rental Market in Suffolk (zip 23437)

- Renters make up 14.2% of the Suffolk (zip 23437) population
- 0.0% of houses and apartments in Suffolk (zip 23437), 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
	1,957.0	139,647,020.0
	32	42
	$279,800	$338,100
	13.1%	16.6%
	42.0%	57.0%
	58.5%	101.1%
	$10.42	$10.98
	$2,652	$2,690
	81.3%	57.4%
	1.0%	11.2%
	17.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	1.1%	2.4%
	0.0%	2.8%
	1.2%	3.9%
	0.9%	4.5%
	14.0%	11.3%
	14.3%	13.0%
	36.1%	20.1%
	21.4%	13.6%
	6.2%	8.3%
	3.0%	9.7%
	0.6%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.7%	0.2%
	18.2%	13.6%
	18.2%	13.6%
	18.1%	13.6%
	6.8%	13.2%
	16.0%	14.8%
	18.1%	13.6%
	11.2%	10.0%
	4.3%	4.7%
	4.9%	12.2%

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