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Preforeclosure Homes in Amherst, VA 24521

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Amherst, VA Foreclosures

How much do homes sell for in Amherst, VA?
The average home price is currently $320,618.
In Amherst, VA, how many homes are available?
There are currently 5 active home listings available in Amherst.
What’s the average rental cost in Amherst, VA?
The average rental price in Amherst is $1,263.
What is the most expensive home in Amherst?
The most expensive home sold in Amherst had a price of $6,530,158.
What is currently the cheapest priced home in Amherst, VA?
The cheapest home for sale in Amherst is priced at $13,825.

Living in Amherst, VA

Amherst, Virginia is a small town known for its picturesque landscapes and tight-knit community. With a blend of historical charm and modern amenities, it attracts families and retirees alike. Outdoor enthusiasts can enjoy numerous parks and nearby natural areas, making it a perfect location for those seeking tranquility and a slower pace of life.

Current Market Conditions in Amherst, VA

The real estate market in Amherst, VA shows a steady demand for housing, with a current trend of increasing home prices. The area's appeal, primarily driven by its scenic landscapes and community vibe, draws in buyers looking for a peaceful residence without sacrificing access to necessary amenities.

Investors find potential in Amherst due to its affordability compared to neighboring areas, alongside favorable market conditions for rentals, making it an attractive location for both long-term residents and short-term rental ventures.

Home Value Estimator For Amherst, VA

There are currently 4,422 real estate properties in Amherst, VA, with a median automated valuation model (AVM) price of $282,710.00. 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, VA, 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, VA, is $320,618.00, with the most expensive house in Amherst, VA, topping out at $6,530,158.00 and the cheapest home in Amherst, VA, clocking in at $13,825.00. In other words, there’s something for every potential homebuyer or savvy investor in Amherst, VA!

Rent Prices In Amherst, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Amherst, VA, is on a rollercoaster ride. The average rent price in Amherst, VA, is $1,263.00. Indeed, when looking to rent in Amherst, VA, you can expect to pay as little as $580.00 or as much as $2,440.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Amherst, VA -- 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, VA 24521 Preforeclosure Homes


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