Suffolk

Suffolk’s housing market is steady in early 2025. The average home value is about $362,800–$388,000, up roughly 3.3–4.3% year‑over‑year. Median sold price hovers around $382,500–$388,000, while homes take 45–53 days to go pending or sell. Sale-to‑list ratio is near 100%, reflecting balanced but firm conditions. Inventory has grown, with roughly 880–990 active listings—a ~10% increase month‑over‑month. Rental rates average $1,750–$2,000/month, about 2% below the national average. Popular areas include Downtown Suffolk, The Riverfront, and East Washington Street. Suffolk remains a calm, slightly buyer-leaning market with moderate appreciation.