Amherst, OH Foreclosures
How much do homes sell for in Amherst, OH?
The average home price is currently $306,914.
In Amherst, OH, how many homes are available?
There are currently 18 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 $5,586,650.
What is currently the cheapest priced home in Amherst, OH?
The cheapest home for sale in Amherst is priced at $21,160.
Living in Amherst, OH
Amherst is a charming city located in Lorain County, Ohio, known for its rich history and close-knit community. The city offers a variety of residential options, from historic homes to modern developments. With a strong emphasis on family-friendly activities, parks, and well-regarded schools, Amherst is an excellent choice for families and young professionals alike.
Current Market Conditions in Amherst, OH
The real estate market in Amherst is currently experiencing steady growth, with an increasing number of home sales and rising property values. The demand for homes remains strong, particularly among families seeking affordable housing options in a suburban environment. As more people discover the benefits of living in Amherst, the competition for available homes is growing, leading to faster sales and, in some cases, bidding wars.
Amherst's housing market has shown resilience in the past year, with continued interest from both first-time buyers and investors. Homes are selling more quickly than in previous years, and price trends indicate a favorable market for sellers. However, buyers still have opportunities to secure homes, especially as new developments and listings continue to emerge.
Home Value Estimator For Amherst, OH
There are currently 7,653 real estate properties
in Amherst, OH,
with a median automated valuation model (AVM) price
of $279,403.00. 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 $306,914.00, with the most expensive house
in Amherst, OH, topping out
at $5,586,650.00 and the cheapest home
in Amherst, OH,
clocking in at $21,160.00. 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.
Learn more on Foreclosure homes
