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Featured local agent — Amherst, VA
Sarah Mitchell
Compass Real Estate · Amherst, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Amherst, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$233,000median sale price
How is the Amherst, VA housing market right now?
The median home sale price in Amherst, VA is $233,000, down 26.7% year-over-year. Homes sell in an average of 7 days with 10 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Amherst a buyer's or seller's market?
Amherst, VA is currently a seller's market, based on 3.3 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
7
Fast-moving
Active listings
10
3.3 months supply
Sale-to-list
97.6%
Below asking
What does the Amherst housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $233,000 |
| Median list price | $397,450 |
| Year-over-year price change | -26.7% |
| Average days on market | 7 days |
| Active inventory | 10 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 97.6% |
| Median price per sq ft | $196/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Listings with a price cut | 40.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Amherst by property type?
How the Amherst, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $233,000 | $196/sq ft | 3 | 7 days |
| Townhouse | $249,900 | $113/sq ft | 1 | 14 days |
Source: Redfin · Updated monthly
The Amherst housing market is currently classified as a seller's market with a median sale price of $233,000. Prices have fallen 26.7% compared to last year, with homes spending an average of 7 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Amherst
There are currently 10 homes listed for sale in Amherst, Virginia. The median listing price is $397K.
Active listings
10
Homes on market
Median list price
$397K
Avg. days on market
7
Days until sale
New this week
4
Newly listed
Who lives in Amherst?
Population
2,124
Median income
$71,313/yr
Median age
44.6 years
Owner-occupied
69.9%
College grads
23.9%
Avg commute
19.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Amherst?
Zillow home value
$300,338
Zillow rent index
$1,495/mo
Price-to-rent ratio
16.7x
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Amherst?
Amherst is a community of approximately 2K residents with a median age of 44.6 years.The median household income is $71,313, which represents a working-class community with solid middle-income opportunities. 23.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Amherst offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Amherst?
5 schools tracked · 2,291 students
The largest public schools serving Amherst, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Amherst County High
Grades 9-12 · 1,243 students
Amherst Middle
Grades 6-8 · 356 students
Central Elementary
Grades PK-5 · 323 students
Amherst Elementary
Grades PK-5 · 267 students
Temperance Elementary
Grades PK-5 · 102 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Amherst, VA?
Want a head-to-head view? Compare Amherst side-by-side with any other U.S. city using our market-comparison tool.
Is Amherst a good real estate investment market?
For investors evaluating Amherst, the price-to-rent ratio of 16.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 26.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Amherst's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Amherst's median home price.
Frequently asked questions
What is the average home price in Amherst?
The median home sale price in Amherst is $233,000, down 26.7% from last year.
How long do homes stay on market in Amherst?
Homes typically spend 7 days on market before going under contract.
What is the median income in Amherst?
The median household income is $71,313 per year.
Is Amherst a buyer's or seller's market?
With 3.3 months of supply, Amherst is currently a seller's market.
What is the Zillow home value estimate for Amherst?
The Zillow Home Value Index (ZHVI) for Amherst is $300,338, representing the typical home value in the area.
How much does a single-family home cost in Amherst?
The median single-family home price in Amherst, VA is $233,000 (about $196 per square foot).
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