The housing market in Emporia city, VA County is looking strong compared to the rest of the US. The median value of a house in Emporia city is $102,500 while the US median is at $338,100. Over the past year, the appreciation rate for houses in Emporia city has been marked at 12.84%, while the US rate stands at 8.27%. This indicates that housing prices are outpacing the national average and that there may be potential for even higher growth in the future.
The median home cost in Emporia City County is $102,500. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Emporia City County is up 18.6%.
Average Age of Homes
- The median age of Emporia City County real estate is 46 years old
The Rental Market in Emporia City County
- Renters make up 54.0% of the Emporia City County population
- 2.7% of houses and apartments in Emporia City County, 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.