The housing market in Emporia, VA is a great place to buy or invest in a home. The median value of housing in the area is $116,100, which is significantly lower than the US median value of $338,100. In addition, the one-year house appreciation rate in Emporia is 12.84%, compared to 8.27% nationally. This makes it an attractive option for both buyers and investors looking for reliable returns on their investments. With the combination of low prices and higher appreciation rates, Emporia is proving to be an increasingly popular option when it comes to buying or investing in property.
The median home cost in Emporia is $116,100. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Emporia is up 18.6%.
Average Age of Homes
- The median age of Emporia real estate is 46 years old
The Rental Market in Emporia
- Renters make up 54.0% of the Emporia population
- 2.7% of houses and apartments in Emporia, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.