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Foreclosure Homes in Emporia, VA 23847

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Emporia, VA Foreclosures

How much do homes sell for in Emporia, VA?
The average home price is currently $182,164.
In Emporia, VA, how many homes are available?
There are currently 51 active home listings available in Emporia.
What’s the average rental cost in Emporia, VA?
The average rental price in Emporia is $941.
What is the most expensive home in Emporia?
The most expensive home sold in Emporia had a price of $16,263,646.
What is currently the cheapest priced home in Emporia, VA?
The cheapest home for sale in Emporia is priced at $11,038.

Living in Emporia, VA

Emporia, VA is a small city with a rich history and a close-knit community. Nestled in Southside Virginia, it offers a blend of rural charm and suburban convenience. With local schools and natural amenities, Emporia is perfect for families, retirees, and anyone looking for a peaceful lifestyle.

Current Market Conditions in Emporia, VA

The real estate market in Emporia is currently stable, with a modest increase in home values observed over the last year. Properties are still accessible compared to nearby cities, attracting buyers looking for affordability without sacrificing quality of life. The demand remains steady for single-family homes, especially those that are well-maintained and priced competitively.

As 2023 progresses, Emporia has seen a slight uptick in home sales, indicating an increased interest in the city as a desirable place to live. This is partially due to its affordability in comparison to larger nearby metropolitan areas, making it an attractive option for first-time homebuyers and those seeking a more relaxed lifestyle.

Home Value Estimator For Emporia, VA

There are currently 4,296 real estate properties in Emporia, VA, with a median automated valuation model (AVM) price of $152,222.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Emporia, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Emporia, VA, is $182,164.00, with the most expensive house in Emporia, VA, topping out at $16,263,646.00 and the cheapest home in Emporia, VA, clocking in at $11,038.00. In other words, there’s something for every potential homebuyer or savvy investor in Emporia, VA!

Rent Prices In Emporia, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Emporia, VA, is on a rollercoaster ride. The average rent price in Emporia, VA, is $941.00. Indeed, when looking to rent in Emporia, VA, you can expect to pay as little as $510.00 or as much as $2,790.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Emporia, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Emporia, VA 23847 Foreclosures


Market Trend for Emporia, VA

Total Listings Available: 51

Market Values:

Home Prices from $11,038 to $16,263,646

Average Sales Price: $182,164

Rental Values:

Rental from $510 to $2,790

Average Rent Value: $941 / month

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