Amherst, MA Foreclosures
How much do homes sell for in Amherst, MA?
The average home price is currently $614,761.
In Amherst, MA, how many homes are available?
There are currently 1 active home listings available in Amherst.
What’s the average rental cost in Amherst, MA?
The average rental price in Amherst is $1,982.
What is the most expensive home in Amherst?
The most expensive home sold in Amherst had a price of $61,553,980.
What is currently the cheapest priced home in Amherst, MA?
The cheapest home for sale in Amherst is priced at $97,276.
Living in Amherst, MA
Amherst, MA is a picturesque college town renowned for its educational institutions and rich cultural scene. With beautiful landscapes, numerous parks, and a strong sense of community, it offers a unique blend of academic vibrancy and outdoor recreation. Residents enjoy a high quality of life with access to excellent amenities and events throughout the year.
Current Market Conditions in Amherst, MA
The real estate market in Amherst is currently experiencing a balanced phase, with stable home prices and a healthy turnover of properties. Demand continues to remain consistent, especially from families and students looking to rent or buy near the campuses, creating a dynamic rental market.
With an influx of new residents drawn to the colleges and the beautiful surroundings, the market is witnessing steady growth in property values, particularly in popular neighborhoods. First-time homebuyers are actively seeking affordable homes, while investors are looking at rental opportunities.
The current market trend indicates a preference for single-family homes and condos, especially those located within walking distance to local amenities and educational institutions. As remote work becomes more popular, the appeal of suburban areas like Amherst continues to rise, enhancing the demand for housing.
Home Value Estimator For Amherst, MA
There are currently 5,899 real estate properties
in Amherst, MA,
with a median automated valuation model (AVM) price
of $560,043.00. 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, MA, 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, MA,
is $614,761.00, with the most expensive house
in Amherst, MA, topping out
at $61,553,980.00 and the cheapest home
in Amherst, MA,
clocking in at $97,276.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Amherst, MA!
Rent Prices
In Amherst, MA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Amherst, MA, is on
a rollercoaster ride. The
average rent price in Amherst, MA,
is $1,982.00. Indeed, when looking to rent in
Amherst, MA, you can expect to pay as little
as $1,070.00 or as much
as $4,400.00,
with the average rent median estimated to
be $2,010.00. The good news is that finding
an affordable and desirable property to rent in Amherst, MA
-- 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.
Learn more on Foreclosure homes
