Market Overview
Home Prices in Emporia, VA
The median home value in Emporia, VA is $162,367 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and down 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Emporia are priced60% below average.
Over the past five years, Emporia home values have risen by approximately37.7%, reflecting strong long-term appreciation in this market.
Price History
Emporia Home Price Trend
2020
$93,756
$94K
—
2021
$117,885
$118K
+25.7%
2022
$136,764
$137K
+16.0%
2023
$142,928
$143K
+4.5%
2024
$155,264
$155K
+8.6%
2025
$154,479
$154K
-0.5%
2026
$162,367
$162K
+5.1%
City Comparison
Emporia vs. National Median
🏠 Emporia
$162,367
National Median
$410,000
At $162,367, homes in Emporia cost 60% below the national median of $410,000. This makes Emporia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Emporia?
20% Down Payment
$32,473
on $162,367
Monthly P&I
$847/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,076/mo
incl. taxes & insurance
Income Needed
$43,040
gross annual (30% rule)
10% Down Option
$16,237
+ PMI applies
Loan Amount (20% dn)
$129,894
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Emporia, VA?
The median home value in Emporia is $162,367 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Emporia?
Over the past year, home values in Emporia have increased by 5.1%. Over five years, prices have risen approximately 37.7%.
How much do I need to earn to buy a home in Emporia?
To comfortably afford the median home price of $162,367 with a 20% down payment ($32,473) at today's rates (6.8%), you'd need a gross annual income of approximately $43,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Emporia compare to the national average home price?
The national median home value is approximately $410,000. At $162,367, homes in Emporia are 60% below the national average.