Suffolk Real Estate Market Report — April 2026

"I've watched this market go through multiple full cycles, and a MAI of 36 with a cooling trend and 20% price reductions is a market that's telling you something: sellers still have the upper hand on paper, but the ground is shifting under their feet. The spread between what new listings are asking ($355,000 median) and what the overall market is priced at ($524,990) tells me the higher-end inventory is stacking up while the affordable segment moves. When I see 19% of listings relisted and average DOM at 123, I tell my seller clients the same thing I told them in 2018 and 2019 — the market will punish an overpriced listing faster than it used to. Price it right the first time, or you'll be chasing the market down."

With 20% of listings taking price reductions and 19% being relisted, buyers have real negotiating leverage on homes that have been sitting — and at 123 average days on market, a lot of them are sitting. The median days on market is 56, which means fresh listings in the $485,000–$561,000 range are moving faster than the overall average suggests. New listings are coming on at a median of $355,000, which is significantly below the overall median of $524,990 — that gap tells you the entry-level and mid-market are where the action is. If you're buying in the top segment (around $709,900), expect sellers to negotiate — those homes are averaging 91 days on market.

If you're priced right, you're still in seller's territory — a MAI of 36 keeps you on that side of the line, but just barely. The bottom quarter of the market (around $292,500) is moving at 49 days with 11 homes absorbed, which is the strongest absorption rate in the market right now. Homes in the top price tier are sitting 91 days on average, so if you're listing above $600,000, you need to price with precision from day one — the 20% price reduction rate tells you what happens when sellers overshoot. Relisting rate of 19% is a red flag: nearly 1 in 5 listings had to come off market and restart, which kills days-on-market optics and negotiating position.

Median rent in Suffolk is $2,325 per month, which against a median list price of $524,990 produces a gross rent multiplier that demands careful underwriting — this is not a cash-flow-on-day-one market at full price. The bottom segment at $292,500 with 3 beds and 2 baths is where the rent-to-price ratio makes the most sense for investors, and that segment is absorbing 11 homes per week against only 12 new listings — nearly balanced supply and demand. Price per square foot is $212 and has been trending upward over the past several years despite the current plateau, which signals long-term appreciation holds even when short-term momentum stalls. Watch the MAI — if it climbs back above 40, appreciation will likely resume; if it slides into buyer territory, you'll get better entry points.

Current Suffolk Stats

Live data from Altos Research — updated weekly.