Suffolk, VA Real Estate
According to census data in the year 2000 there were 24,704 housing units in Suffolk.
This represents a 23.5% growth from 20,011 in 1990.
Of those housing units, 17,555 were located in either urbanized areas or urban clusters, and 7,149 were located in what is classified as a rural area.
Homeownership rate in Suffolk is about 72.2%.
Suffolk's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Suffolk were built after 1976.
|Housing Units by Size|
|Five Bedrooms or more||2.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.71|
|Median year structure was built||1978|
|Median Value of occupied units||$107,300|
|Median Price asked for vacant units||$96,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.66|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$394|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||7%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.9%|