That's inflation. Inflation is when a certain form of currency starts to have less value over time. Mainly two things cause it: people's perception of value, and the economic principle of supply and demand.
Homefacts City Report. Emmaus is located in Lehigh County, PA. The population is 11,268, making Emmaus the 4th largest city in Lehigh County. There are 4 public schools in Emmaus with an average Homefacts rating of A-. The total crime rate for Emmaus is low, and there are 11 registered sex offenders residing in the city.
The median home value in Emmaus, PA is $192,700. This is higher than the county median home value of $170,900. The national median home value is $185,800. The average price of homes sold in Emmaus, PA is $192,700. Approximately 58.49% of Emmaus homes are owned, compared to 34.66% rented, while 6.85% are vacant. Emmaus real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available.