Suffolk VA Real Estate

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The biggest city, because of its land mass, out of all the others that make up the Seven Cities of Hampton Roads is Suffolk, VA. Real estate in this section of Virginia is quite diverse. There are single-family homes as well as condos that can be found in the downtown area of the city while rural farms and suburban neighborhoods also abound within the city limits.

The city of Suffolk has its roots as a port town. Starting from 1742, the 400 square miles of land that make up the area served as a very important gateway for transporting goods to the cities east of Suffolk. And in 1906, Suffolk was incorporated as an independent city in the state of Virginia.

About 23,000 households make their home in Suffolk, VA real estate. With the cost of properties in Suffolk being more affordable than those in Virginia Beach, investing in Suffolk, VA real estate is a smart choice. Homes and condominiums here have a median estimated value of $206,000 as of 2006. Whether you are in the market for a ranch home or a cozy apartment in downtown, you’ll be able to find what you’re looking for in Suffolk.

In terms of economy, Suffolk is mainly known for its peanuts. The city is a key peanut processing center, with Planters Peanuts serving as a vital employer in the area. Besides being the birthplace of the famous Mr. Peanut, Suffolk’s economy is also driven by companies such as Unilever Lipton Tea, Wal-Mart, and Lockheed Martin.

Find out more about Suffolk, VA real estate and about the neighborhoods of the city. Feel free to contact Kathy Westcott at (757) 715-4555 to know everything you need to know about Suffolk.