Amherst, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Amherst, NH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Amherst Housing Market Information

With a population of 11,261, 3,888 total housing units (homes and apartments), and a median house value of $351,083, Amherst house prices are not only among the most expensive in New Hampshire, Amherst real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Amherst, accounting for 89.20% of the town's housing units. Other types of housing that are prevalent in Amherst include duplexes, homes converted to apartments or other small apartment buildings ( 4.95%), row houses and other attached homes ( 4.15%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Amherst. Owner-occupied housing accounts for 90.84% of Amherst's homes, and 69.71% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Amherst built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Amherst built between 1940-1969 ( 20.99%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.22%). There's also some housing in Amherst built before 1939 ( 11.75%).

Amherst Home Appreciation Rates

Amherst's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Amherst during the period has been just -0.82%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Amherst's appreciation rate, at 4.41%, has been at or slightly above the national average. In the latest quarter, Amherst's appreciation rate has been 0.21%, which annualizes to a rate of 0.86%.

Relative to New Hampshire, our data show that Amherst's latest annual appreciation rate is higher than 70% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$351,083

Amherst, NH HOME PRICES

Value Range
> $1,123,000 1.8
$843,001 - $1,123,000 3.2
$562,001 - $843,000 15.1
$450,001 - $562,000 12.6
$337,001 - $450,000 25.6
$225,001 - $337,000 32.3
$112,001 - $225,000 8.1
$56,001 - $112,000 1.0
$0 - $56,000 0.3

Very High for NH
Very High for Nation

Value Relative to Nation Value Relative to State
12.1410992616899 12.1019108280255

Number Of Homes And Apartments:
3,888

Amherst Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
33.46% 1.69% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,822 / per month

Homeownership Rate

Homeownership
Owners 90.84
Renters 9.16
Vacant 2.82

Housing Market Details

 

Age of Homes

AGE OF Amherst HOMES
2000 or Newer 15.2
1970 - 1999 52.0
1940 - 1969 21.0
1939 or Older 11.7

Types of Homes

TYPE OF Amherst HOMES
Single-Family 89.2
Townhomes 4.1
Small Apt. Buildings 4.9
Apt. Complexes 0.9
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Amherst HOMES
No Bedroom 0.00
1 Bedroom 2.27
2 Bedrooms 20.47
3 Bedrooms 28.54
4 Bedrooms 41.16
5 or more bedrooms 7.55

Popular Neighborhoods in Amherst

Zip Codes in Amherst, NH