Amherst, VA Home Values & Market Trends

Real estate market trends reflect that there have been 146 transactions over the past year in Amherst. The median value for residential home transactions that occurred over the previous year is $346,541. The number of current listings in Amherst is 117, and the percentage of properties for sale in the city is 117.00%. Amherst, VA currently has 7 properties in foreclosure, 5 bank owned properties, 2 properties headed for auction, and 117 properties for sale.

Amherst, VA Real Estate Market Overview

ZipMedian Est. Value
24521

$ 346,541

$ 216/sqft

Housing Market Summary for Amherst, VA

Sep 2025September 2026Change
Median Listing Price$349.9K$349.9K-
Median Sold Price$277.1K$316.7K14.29%
Homes For Sale7511553.33%
Homes Sold657820.00%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Amherst, VA

Amherst home values range from $54,894 to $1,099,900. The median estimated value of a home in Amherst is $346,541. The median list price of a home is 349,900, and the total count of properties in the city is 208.

Foreclosure
There is 1 zips within Amherst, VA; within this zips, the median estimated home value for homes in foreclosure ranges from $411,169 in 24521 to the lowest value of $54,894 in 24521. Foreclosure homes account for 3.00% of properties in Amherst, VA with 24521 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Amherst, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Amherst, VA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Amherst, VA ranges from the highest value of $348,082 in 24521 to the lowest value of $54,894 in 24521. Bank owned homes and properties account for 2.40% of properties in Amherst, VA. There is 1 zips within Amherst, VA; 24521 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    24521 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Amherst, VA. Auction homes and other auction properties account for 0.96% of all properties in Amherst, VA. There is 1 zips within Amherst, VA; of that zips, the median estimated home value for homes going to auction ranges from $411,169 in 24521 to the lowest value of $233,368 in 24521.
Homes for Sale
Homes and properties that are actively listed for sale account for 56.25% of residential properties in Amherst, VA with 24521 containing 117 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Amherst, VA; homes for sale in that zips, have a range of median values from $1,099,900 in 24521 to the lowest value of $91,442 in 24521.
    Sold Homes
    The median value for recently sold homes ranges from $838,417 in 24521 to the lowest price of $54,894 in 24521. There is 1 zips within Amherst, VA. 24521 has 77 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 37.02% of properties in Amherst, VA.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Amherst, VA
      $
      $

      Guide for Amherst, VA

      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.