Suffolk VA Housing Market 2026: What Buyers Should Know

by Jason Edwards

If you’ve driven through Suffolk lately, you’ve probably noticed — this city isn’t the quiet outpost it used to be. Cranes, orange cones, and “Now Leasing” signs are everywhere. While other Hampton Roads markets cool off, Suffolk’s quietly surging ahead.

As of fall 2025, the median home price here is about $407,500, up 2% year-over-year. Homes spend just 29 days on the market, and inventory sits near 3.7 months — a rare balance between buyer opportunity and seller advantage.

Let’s unpack what’s driving the growth, which neighborhoods are gaining momentum, and what it means for you in 2026 — whether you’re buying, selling, or simply watching your home value climb.

The Real Numbers Behind Suffolk’s Surge

Suffolk’s one of the few Hampton Roads cities still posting consistent appreciation while others flatten out. Compare the current median prices:

Suffolk: $407,500
Chesapeake: $424,000
Virginia Beach: $425,000
Norfolk: $320,000

That means Suffolk buyers get more space and newer homes for less — often 10–20% more square footage for roughly the same budget. For families, first-time buyers, and VA loan users, that gap makes a big difference.

What’s Fueling the Boom (and the Traffic)

Jobs and infrastructure.

Suffolk’s transformation is powered by massive investment: the Port 460 logistics hub, expected to bring nearly 9,000 jobs; the Route 58 flyover project, which will ease truck traffic once it’s complete; and the Amazon robotics fulfillment center off Nansemond Parkway, which already employs over 1,500 people in North Suffolk.

Add in Sentara, the Naval Information Forces command, and the growing industrial corridor along 664, and it’s easy to see why more people are choosing Suffolk.

Of course, all that progress comes with some short-term pain — namely construction delays and orange-barrel fatigue. But long term, those upgrades will strengthen access and local property values.

Opportunities and Risks in a Growing Market

For buyers: this is still a moment to act before prices accelerate. Inventory is higher than it’s been in years, so you can actually shop, compare, and negotiate again. Homes under $425K move quickly, but not overnight.

For sellers: demand is steady, but buyers are price-sensitive. Homes priced right and presented well still see multiple offers; overpriced ones linger.

For investors: rental demand remains strong, especially near the logistics and port corridors. Expect assessments — and tax bills — to rise as values climb.

And for current homeowners: appreciation plus infrastructure means you’re likely building equity faster than the regional average. If you’ve been here 3–5 years, it may be time for a professional value update.

Neighborhood Deep Dive: Where the Action Is

Harbour View / Bennetts Creek – Upscale, close to 664, full of restaurants and amenities. Median $450K–$700K.
Riverwood / Burbage Grant – Mid-range neighborhoods popular with military buyers; $350K–$425K.
Downtown Suffolk – Historic charm meets revitalization; renovated homes in the $275K–$400K range.
Holland / Whaleyville – Rural retreats with acreage starting in the low $300Ks.

No matter your lifestyle, Suffolk offers a fit — from cul-de-sac communities to farmland and everything in between.

Local Spotlight: North Suffolk’s Growth Corridor

Drive Nansemond Parkway between Shoulders Hill and 664 and you’ll see why everyone’s talking about North Suffolk. The area’s anchored by the Amazon facility and a wave of industrial, healthcare, and retail expansion. Add new housing developments and future Port 460 access, and this corridor’s quickly becoming one of the most valuable zip codes in Hampton Roads.

Final Thoughts for 2026 Buyers & Sellers

Suffolk’s boom isn’t hype — it’s data-driven, job-backed, and still early in its curve. If you’re thinking about moving within Hampton Roads or relocating here in 2026, it’s a market worth watching closely.

📺 Watch the full breakdown on YouTube: https://youtu.be/LGiu9cFZJhs
📘 Download my free Buyer’s Guide: https://realtorjedwards.com/buyer-guide
📅 Book a quick call: https://calendly.com/jedwrds/discovery-phone-call

For homeowners: Forward this post to a friend who’s been thinking about buying, or reach out for a quick value update on your property — no pressure, just clarity.