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Area data

Suffolk, VA — ZIP 23438

Population: 1,749 (Census ACS)

Home values & appreciation

Median home value
$361,712
1-year appreciation
+3.5%
3-year appreciation
+9.4%
5-year appreciation
+28.5%
10-year appreciation
+75.0%
All-time peak (2026-07)
$361,712
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$339,900
Median list price
$345,000
Median days on market
16 days
Sale-to-list ratio
98.7%
Active listings
18
1-year forecast
+1.7%
New listings (monthly)
4

Rents

2-bedroom fair-market rent (HUD reference)
$2,000/mo
3BR fair-market rent
$2,790/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
drought, winterWeather, coastalFlooding, hurricane, iceStorm
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
60.0°F
Average high
71.0°F
Average low
49.0°F

Air quality

Air quality rating
Good
Median AQI (annual)
40
Days with Good air quality
230

Walkability & transit

Walkability index
4.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
5
Nearest national park
Fort Monroe National Monument (37 mi)
Nearest airport
Umphlett Airstrip (3 mi)
Nearest major airport
Norfolk Naval Station (Chambers Field) (NGU) (33 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
3.5 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
+942 tax filers

Housing stock

Median year housing built
1,989
Median annual property tax
$3,088
Households with broadband internet
39.6%

Employment & development

Total county employment
28,105
Average weekly wage
$1,130
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
680

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents