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Preforeclosure Homes in Amherst, OH

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Amherst, OH Foreclosures

How much do homes sell for in Amherst, OH?
The average home price is currently $313,901.
In Amherst, OH, how many homes are available?
There are currently 25 active home listings available in Amherst.
What’s the average rental cost in Amherst, OH?
The average rental price in Amherst is $1,419.
What is the most expensive home in Amherst?
The most expensive home sold in Amherst had a price of $15,997,361.
What is currently the cheapest priced home in Amherst, OH?
The cheapest home for sale in Amherst is priced at $21,360.

Living in Amherst, OH

Amherst, OH, is a charming suburb of Cleveland known for its excellent schools, beautiful parks, and strong community engagement. The city features a mix of historic charm and modern amenities, providing residents with a balanced lifestyle. With a variety of recreational activities and easy access to urban attractions, Amherst is an ideal place for families and young professionals alike.

Current Market Conditions in Amherst, OH

The real estate market in Amherst has shown steady growth over the past year, with increased demand for single-family homes. The average home prices have risen, reflecting a trend that indicates strong community interest and investment. The local market is characterized by a mix of affordable options and some higher-end properties, catering to a diverse demographic.

In the past month, the real estate market in Amherst has remained competitive with a reduction in inventory levels and an increase in buyer activity. Many homes receive multiple offers, contributing to a fast-paced market environment. Additionally, the interest rates have stabilized, allowing for a positive outlook for homebuyers.

Home Value Estimator For Amherst, OH

There are currently 8,005 real estate properties in Amherst, OH, with a median automated valuation model (AVM) price of $285,467.00. 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, OH, 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, OH, is $313,901.00, with the most expensive house in Amherst, OH, topping out at $15,997,361.00 and the cheapest home in Amherst, OH, clocking in at $21,360.00. In other words, there’s something for every potential homebuyer or savvy investor in Amherst, OH!

Rent Prices In Amherst, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Amherst, OH, is on a rollercoaster ride. The average rent price in Amherst, OH, is $1,419.00. Indeed, when looking to rent in Amherst, OH, you can expect to pay as little as $560.00 or as much as $2,080.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Amherst, OH -- 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.

Amherst, OH Preforeclosure Homes


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