The housing market in Amherst, TX is booming. The median value of houses in the area is $66,500, which is substantially lower than the US median value of $338,100. Over the course of the last year, house appreciation in Amherst was 16.22%, more than double the national average of 8.27%. This data indicates that Amherst is a great place to buy a home if you are looking for an affordable option with strong potential for appreciation over time.
The median home cost in Amherst is $66,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Amherst is up 19.7%.
Average Age of Homes
- The median age of Amherst real estate is 54 years old
The Rental Market in Amherst
- Renters make up 13.5% of the Amherst population
- 0.0% of houses and apartments in Amherst, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.