Living in Amherst, CO
Amherst, CO is a serene small town that combines a tight-knit community with beautiful surrounding landscapes. It offers a quiet lifestyle with access to outdoor activities, quality education, and local amenities. Ideal for families and anyone looking to enjoy a tranquil environment.
Current Market Conditions in Amherst, CO
The real estate market in Amherst is relatively stable, with a mix of older homes and newer constructions available. Home prices tend to be reasonable compared to larger Colorado cities, making it an affordable option for first-time buyers and families. Recent trends indicate a modest appreciation in home values over the last few years, driven by a growing interest in rural living as people seek more space and tranquility.
As remote work becomes more prevalent, Amherst's appeal has increased, drawing newcomers looking for a quieter lifestyle while still being connected. The market remains competitive in certain price ranges, especially for single-family homes that are move-in ready.
Home Value Estimator For Amherst, CO
There are currently 28 real estate properties
in Amherst, CO,
with a median automated valuation model (AVM) price
of $238,503.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Amherst, CO, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Amherst, CO,
is $234,682.00, with the most expensive house
in Amherst, CO, topping out
at $517,004.00 and the cheapest home
in Amherst, CO,
clocking in at $28,399.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Amherst, CO!
Rent Prices
In Amherst, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Amherst, CO, is on
a rollercoaster ride. The
average rent price in Amherst, CO,
is $845.00. Indeed, when looking to rent in
Amherst, CO, you can expect to pay as little
as $560.00 or as much
as $1,270.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Amherst, CO
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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