The housing market in Amherst, OH (44001) is strong compared to the US median value. The median value of the housing in Amherst is $232,100 which is lower than the national median of $338,100. However, while the US house appreciation rate was 8.27%, the appreciation rate for Amherst was 10.26% over the past year. This higher appreciation rate suggests that buying or investing in a property in Amherst might be an attractive option as it could potentially return more value than other housing markets across America.
The median home cost in Amherst (zip 44001) is $232,100. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Amherst (zip 44001) is up 13.4%.
Average Age of Homes
- The median age of Amherst (zip 44001) real estate is 45 years old
The Rental Market in Amherst (zip 44001)
- Renters make up 13.6% of the Amherst (zip 44001) population
- 0.9% of houses and apartments in Amherst (zip 44001), 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.