23847, Emporia, VA Housing Market

ZIP code 23847's median home value is $161K, up 8.4% over the past year. Homes here sell in a median 41 days. Its PropertyIQ Score of 78 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

Understanding the housing market in ZIP code 23847 requires hyperlocal data that metro and county analyses simply cannot provide. PropertyIQ's demand signal scoring — validated across more than two decades of housing data (2001–2023) — extends to ZIP-code granularity for 23847, Emporia, VA, giving investors and agents a competitive edge in VA's most specific market segments.

South Atlantic ZIP codes benefit from sustained migration inflows, but hyperlocal performance varies widely between neighborhoods. PropertyIQ's ZIP-level scoring helps distinguish between ZIP codes riding a temporary wave and those with durable, block-by-block demand fundamentals. Within the South Atlantic, ZIP code 23847's PropertyIQ Score of 78 ranks among the South Atlantic's stronger demand signals.

The PropertyIQ Score for 23847, Emporia, VA is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

View 23847, Emporia, VA's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.