US5.com
  1. Home
  2. States
  3. Virginia
  4. ZIP 23434
  5. Housing & Real Estate
Suffolk city, VA

ZIP 23434 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23434

Median Home Value
$293,600
Median Rent
$974
Affordability Snapshot
$81,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,886/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

25.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 23434 in Suffolk city, VA, a household would need roughly $81,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,886. That is roughly in line with the local median household income ($75,798). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
67.4%+3% vs US avg
x
Vacancy Rate
7.3%-29% vs US avg
x
Broadband Access
87.0%-0% vs US avg
x
4+ Bedrooms
5.6%-62% vs US avg
x
Built Pre-1939
5.9%-54% vs US avg
x
Built Post-2014
3.1%-55% vs US avg
x
Rent Burden >30%
30.6%-38% vs US avg
x
Mortgage-Free
24.9%-35% vs US avg
x
$293,600
Home Value
$974
Rent
1986
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached76.6%
  • 1-unit attached3.5%
  • 2-9 units11.0%
  • 10+ units6.8%
  • Mobile home & other2.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$293,600
Median rent$974
Owner-occupied67.4%
Vacant7.3%
Price-to-income3.9x
Est. income to buy$81,000