Amherst, MA Home Values & Market Trends

Real estate market trends reflect that there have been 264 transactions over the past year in Amherst. The median value for residential home transactions that occurred over the previous year is $486,559.87. The number of current listings in Amherst is 1, and the percentage of properties for sale in the city is 1.00%. Amherst, MA currently has 3 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Amherst, MA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
01002

$ 430,689

$ 219/sqft

01003

$ --

$ --

Housing Market Summary for Amherst, MA

Mar 2023February 2024Change
Median Listing Price$459.5K$442.4K-3.72%
Median Sold Price$428.6K$442.4K3.22%
Homes For Sale142-85.71%
Homes Sold126108-14.29%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Amherst, MA

Amherst home values range from $41,962 to $3,697,939. The median estimated value of a home in Amherst is $486,559.87. The median list price of a home is 460,000, and the total count of properties in the city is 5,758.

Foreclosure
There are 2 zips within Amherst, MA; within these zips, the median estimated home value for homes in foreclosure ranges from $727,333 in 01002 to the lowest value of $561,616 in 01002. Foreclosure homes account for 0.00% of properties in Amherst, MA with 01002 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Amherst, MA with 01002 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Amherst, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $727,333 in 01002 to the lowest home value of $578,200 in 01002.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Amherst, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Amherst, MA. There are 2 zips within Amherst, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Amherst, MA. Auction homes and other auction properties account for 0% of all properties in Amherst, MA. There are 2 zips within Amherst, MA; of those zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.02% of residential properties in Amherst, MA with 01002 containing 1 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Amherst, MA; homes for sale in those zips, have a range of median values from $430,689 in 01002 to the lowest value of $430,689 in 01002.
    Sold Homes
    The median value for recently sold homes ranges from $1,079,300 in 01002 to the lowest price of $135,608 in 01002. There are 2 zips within Amherst, MA. 01002 has 106 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.68% of properties in Amherst, MA.

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      Guide for Amherst, MA

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
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      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
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      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      Recently Listed Homes Amherst, MA

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