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.