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Amherst VA Historical Society in FallPhoto: Andrew Bain · CC BY-SA 3.0
Housing in Amherst

26 homes sold in Amherst in the last year, at a typical $277K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Amherst homes are listed.

Homes sold
26
June 2025 to May 2026
Typical sale price
$277K
median, weighted by sales
Price per square foot
$173
Virginia $237
Paid vs. asking
98.8%
15% sold over asking
For sale now
10
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 88% of Amherst’s sales, at a typical $297K

26 homes sold in the year to May 2026.

Houses$297K

typical sale · 23 sold in 12 months

Per square foot
$175VA $222
Days to sell
40
Sold over asking
17%
Listings with a price cut
34%
Fewer sales

Townhouses: 3 sold, typical $197K

Too few sales in 12 months for reliable figures.

12 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

26 sales in the last year, against 36 in 2020 and a low of 22 in 2016. The typical sale went from $169K in 2016 to $277K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2014: 29 sold, typical $141K’142015: 23 sold, typical $170K2016: 22 sold, typical $169K’162017: 25 sold, typical $143K2018: 23 sold, typical $226K’182019: 30 sold, typical $181K2020: 36 sold, typical $172K’202021: 30 sold, typical $219K2022: 30 sold, typical $227K’222023: 36 sold, typical $245K2024: 28 sold, typical $251K’242025: 35 sold, typical $294KLast 12 months: 26 sold, typical $277KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Amherst

Houseat $175 a sq ft
The same money in Virginiaat $222 a sq ft

Is this asking price fair?

Check a listing against what Amherst homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Amherst are more common than before the pandemic, but 56% fewer homes come up for sale

We read every month of Amherst’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 26 sales.

If you’re buying in Amherst

  • Shop in April. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (6% over asking).
  • Bid near asking. Buyers paid 98.8% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 35 days.
Best time to buy

Fall brings both the most homes and the most bidding wars

October has the most new listings (about 4 a month), but November is the most competitive: 30% of November sales close over asking. April offers nearly as much choice with fewer homes bid up (6%). April has the least competition (6%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 1 new listings a month, 13% sold over asking, 114 days to sellJFeb: 2 new listings a month, 7% sold over asking, 171 days to sellFMar: 2 new listings a month, 29% sold over asking, 290 days to sellMApr: 3 new listings a month, 6% sold over asking, 104 days to sellAMay: 3 new listings a month, 23% sold over asking, 89 days to sellMJun: 3 new listings a month, 26% sold over asking, 83 days to sellJJul: 3 new listings a month, 25% sold over asking, 97 days to sellJAug: 2 new listings a month, 12% sold over asking, 90 days to sellASep: 3 new listings a month, 22% sold over asking, 95 days to sellSOct: 4 new listings a month, 15% sold over asking, 169 days to sellONov: 3 new listings a month, 30% sold over asking, 112 days to sellNDec: 1 new listings a month, 19% sold over asking, 170 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Virginia

Amherst now2017–192021 peakVA now
Sold over askingShare of sales that closed above the list price15%8%53%31%
Gone within two weeksShare of homes under contract within 14 days37%1%3%43%
Listings with a price cutShare of homes for sale that cut their price33%——25%
Price paid vs. askingAverage sale price ÷ list price98.8%94.6%99.8%99.3%
Days to sellMedian days from listing to contract351888438
Supply

5 homes for sale on a typical day

That’s 1.3 times the 2022 low (4), 56% fewer than in 2017–19 and well under 2014’s 24.

2014: 24 for sale’142015: 17 for sale2016: 12 for sale2017: 13 for sale’172018: 9 for sale2019: 14 for sale2020: 10 for sale’202021: 10 for sale2022: 4 for sale2023: 5 for sale’232024: 5 for sale2025: 5 for saleLast 12 months: 5 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against — in 2017–19 and 25% across Virginia.

2022: 57%’222023: 37%2024: 49%2025: 34%’25Last 12 months: 33%Now

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Amherst home costs about $1,549 a month

Mortgage
Property tax
Insurance
Rent

Price: Amherst’s typical sale, last 12 months. Property tax at Amherst’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Amherst is affordable on local pay is on Cost of living.

Before you buy in Amherst

Six things worth knowing

4

New listings in October

The month with the most choice. December has the fewest, about 1.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $277K home, about $1,240 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Amherst, from test results, graduation and how much students grow.

Schools in Amherst
20 min

Typical commute

The average one-way trip to work for people who live in Amherst.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Madison Heights, Lynchburg and Appomattox sell for less a square foot; Wintergreen for far more

The busier markets within 25 miles of Amherst, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lynchburg1,170$273K$15925%28
Forest220$381K$17521%27
Timberlake173$299K$16927%29
Wintergreen169$395K$2877%33
Madison Heights110$252K$16725%19
Appomattox29$251K$16717%72
Amherst26$277K$17315%35

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Amherst, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Amherst. People who follow the town see it, and so do people comparing Amherst with their own town. No commission, no listing fee.

Questions about buying a home in Amherst

What do homes sell for in Amherst, VA?

26 homes sold in the year to May 2026 at a typical $277K, $173 a square foot.

Is Amherst a buyer’s or seller’s market?

A seller’s market: 10 homes were for sale in May 2026 and 3 sold, about 3.3 months of supply. Buyers paid 98.8% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Amherst?

October brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Amherst?

About 0.5% of a home’s value a year. On a $277K home that’s near $1,240.

Where can I see homes for sale in Amherst?

Zillow, Redfin, Realtor.com and Homes.com all carry Amherst’s MLS listings; the search links above open each one filtered to Amherst.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).