Suffolk Homes and Real Estate
Suffolk is located in the South Hampton Roads region of eastern Virginia. It’s part of the Hampton Roads metropolitan area, which encompasses six other cities – Norfolk, Chesapeake, Newport News, Portsmouth, Hampton and Virginia Beach. Although it has the smallest population of these cities, it is the largest in terms of area, as well as the largest of all independent cities in Virginia. The most recent census shows Suffolk’s population at 81,332 people and has a total area of 429 square miles.
Buying a Home in Suffolk
From homes set on spacious acreage to apartments within a downtown setting, buyers have a number of options. Bizjournals, a national business news source, rated the Hampton Roads area as America’s least stressful metro area based on factors such as air quality, employment, crime levels and income growth. This is certainly true of the city of Suffolk, as it combines a rural/suburban environment with easy access to all the metro area’s offerings. Since this area is seeing the best buyers market in some time with good interest rates and many sellers assisting with closing costs, now is the perfect time to buy a home in Suffolk.
First Time Homebuyers
If you're considering buying your first home, contact us for a free, no-obligation homebuyer consultation. We'll walk you through the steps you need to take to get into your new home, including getting pre-qualified and searching for homes that fit your needs. Our agents have a great deal of experience working with first time homebuyers and can help make the process easy and fun. They will connect you with our mortgage team who will help you get prequalified, and will help you explore the various options available in Suffolk, including traditional homes, townhouses, and even new construction homes.
Homes in Suffolk
The city of Suffolk offers residents a range of environments. These vary from quiet retreats away from the bustle of town to homes a quick drive away from the energy of city life. The cities of Chesapeake, Portsmouth, Newport News and the counties of Isle of Wight, Southampton, Camden, and Gates are adjacent to Suffolk. There are multi-family homes, single-family homes, homes for rent, new construction homes, foreclosures, town homes, condos, waterfront homes, apartments and lots of vacant land for sale in the city. Recent reports show the median home value in Suffolk is around $287,000.
Because of the area’s strong military presence, Suffolk’s real estate market has maintained a certain amount of cushion over the years. The area is buzzing with many relocating there for the small town feel combined with convenient access to the other cities in the metro area. Recent reports suggest there have been over 16,000 listings this year alone in the Hampton Roads area. Because the city’s real estate property is so well rounded – ranging from neighborhoods offering big accreage to waterfront lots, the market should continue on the same steady path.
New Homes and New Construction in Suffolk
Suffolk is rich with vacant land. In terms of area, it’s the largest city in Virginia and the eleventh largest city in the nation. Because of all this open space, there is an abundance of new construction. This includes neighborhood development as well as shopping areas, attractions, restaurants, and other community facilities. If one is looking to customize their home, they have the option to build on vacant land or in an existing new construction neighborhood in Suffolk. Choosing this option allows a buyer to customize a floor plan, so one can meet their personal or family’s needs – all while designing their dream home at an affordable price. When building a personalized home, there is often a high level of flexibility in the building process to ensure these dream homes meet their owners' expectations. Using an agent in this process will help in many ways. An agent can assist by directing buyers to newly built homes that specifically match their criteria. They can also recommend builders based on their reputation and experience in delivering a high-quality and reasonably priced product. A buyer with an agent will likely have more favor when negotiating. Additionally, agents can help buyers choose between hundreds of design and upgrade options and can recommend those which will add value to a home when it comes time to sell.
Selling in Suffolk
When it comes time to sell a home in Suffolk, residents can rest assured that there will always be interested buyers. Besides having suburban and countryside appeal, the area’s economy is typically stimulated by tourism, agribusiness and military sectors locally.
Living in Suffolk
Suffolk is full of attractions for both locals and visitors to enjoy. There’s a plethora of outdoor activities such as: camping, fishing, golf, horseback riding, scuba diving, kayaking, fishing, nature trails, tennis, baseball, narrated tours and even skydiving. The Great Dismal Swamp National Wildlife Refuge is one of Suffolk’s most popular visited spots. Additionally, there are family-friendly events and festivals each year. The Suffolk public school system has an enrollment of over 14,000 students. The city operates thirteen elementary schools, four middle schools, three high schools and one alternative school. There are also two private schools in the city and many universities and community colleges nearby in the Hampton Roads area.
Suffolk City Profile
|Population Density||198 Persons per sq mi|