Welcome to our 23437 real estate data hub, tailored for investors in Suffolk, VA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 23437 in Suffolk, VA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SUFFOLK CITY.
Leverage our comprehensive, zip code-specific data to excel in Suffolk, VA real estate investing. Uncover the wealth of information available, and position yourself for success in the Suffolk property market.
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Location Overview
- Zip Code: 23437
- City: Suffolk
- State: VA
- Metro Area: Virginia Beach-Norfolk-Newport News, VA-NC
- County Name: SUFFOLK CITY
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Real Estate Market Snapshot
- Average Home Price (All Types): $293,345
- Average Home Price (Single Family Homes): $292,924
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -1.3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,080
- Average 3 Bedroom Section 8 Rental Rates: $1,510
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 22.63
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.19
- Number of Units Offered in Section 8 in the County: 548
- Number of Occupied Units in Section 8 in the County: 520
- Percentage of Section 8 Units Occupied in the County: 94.90000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 126.54
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.91%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.05%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.21%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.39%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 56.64%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 56.23%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%