23436 Housing Market Report December 2024Suffolk County, Virginia

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Housing Prices in 23436, VA

How much do homes in 23436, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$620,000$197/SqFt
+$20,000
+3.3%

Based on all homes listed in December 2024

Insight

The list price of homes in 23436 has increased by 3.3% since November.

Summary: The median home list price in 23436 was $620,000 in December 2024, up 3.3% from the previous month, and the median price per square foot was $197.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
23436
+3.3%
23433
0.4%
23432
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2--
N/A
4$615K$625K
+1.6%
5$600K$680K
+13.3%
3$314.9K$314.9K
0.0%

Summary: 23436 housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes increased by +13.3%. The home price for 3 bedroom homes did not change.

Housing supply in 23436, VA

How many homes are available in 23436, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
20Last MonthDec 2024
192 months agoNov 2024
+5.3 %
Change MoMNov – Dec

Summary: The 23436 real estate market had 20 homes for sale in Dec 2024, a 5.3 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
200
0.0%
41313
0.0%
556
+20.0%
311
0.0%

Summary: 23436 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes remained the same.

Days on Market for 23436, VA

How long does it take to sell a home in 23436, VA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in 23436 has remained consistent over time.

Summary: During December 2024, 2 homes were sold in 23436; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
118 DaysLast MonthDec 2024
100 Days1 month agoNov 2024
+17.9 %
Change MoMNov – Dec

Summary: Homes in 23436 had an average listing age of 118 days in Dec 2024, up by 17.9% compared to the previous month.

Newest Listings in 23436, VA

What homes are available in 23436, VA?

Nearby markets

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Based on information from Real Estate Information Network, for the period 11/01/2024 - 01/01/2025

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Last updated on: 1/23/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.