Zip 23847 (Emporia, VA) Housing

The housing market in Emporia, VA (23847) is booming. The median value of a house in the area is $112,200, significantly lower than the US median value of $338,100. In the past year alone, housing appreciation in Emporia has been 12.84%, compared to 8.27% for the United States as a whole. This higher rate of appreciation indicates that there is strong demand for housing in the area and that buyers are feeling confident in their investments. All signs point to continuing growth for the Emporia housing market for many years to come.

The median home cost in Emporia (zip 23847) is $112,200. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Emporia (zip 23847) is up 18.6%.

Average Age of Homes

- The median age of Emporia (zip 23847) real estate is 40 years old

The Rental Market in Emporia (zip 23847)

- Renters make up 36.4% of the Emporia (zip 23847) population
- 1.9% of houses and apartments in Emporia (zip 23847), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Emporia, Virginia	United States
	6,475.0	139,647,020.0
	45	42
	$112,200	$338,100
	18.6%	16.6%
	58.1%	57.0%
	77.0%	101.1%
	$7.20	$10.98
	$799	$2,690
	46.5%	57.4%
	21.3%	11.2%
	32.2%	31.4%
Vacant Housing
	1.9%	1.9%
	0.4%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	3.4%	3.6%
	15.2%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	5.2%	2.4%
	8.4%	2.8%
	13.6%	3.9%
	14.5%	4.5%
	18.3%	11.3%
	16.2%	13.0%
	14.0%	20.1%
	1.6%	13.6%
	1.3%	8.3%
	1.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.1%	13.6%
	13.1%	13.6%
	14.6%	13.6%
	10.0%	13.2%
	19.5%	14.8%
	14.6%	13.6%
	11.8%	10.0%
	5.5%	4.7%
	8.5%	12.2%

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