East Amherst, NY


Highest Appreciating East Amherst Neighborhoods Since 2000

East Amherst, NY Real Estate Data

East Amherst Housing Market Information

With a population of 24,914, 2,356 total housing units (homes and apartments), and a median house value of $326,706, real estate costs in East Amherst are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

East Amherst is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in East Amherst than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Amherst. Owner-occupied housing accounts for 89.66% of East Amherst's homes, and 77.48% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in East 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 East Amherst built between 2000 and later ( 16.55%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.66%). There's also some housing in East Amherst built before 1939 ( 1.97%).

East Amherst Home Appreciation Rates

In the last 10 years, East Amherst has experienced some of the highest home appreciation rates of any community in the nation. East Amherst real estate appreciated 21.74% over the last ten years, which is an average annual home appreciation rate of 1.99%, putting East Amherst in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, East Amherst definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, East Amherst appreciation rates have trailed the rest of the nation. In the last twelve months, East Amherst's appreciation rate has been 4.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Amherst were at 2.02%, which equates to an annual appreciation rate of 8.33%.

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

Average Home Values


Median Home Value:

East Amherst, NY HOME PRICES

Value Range
> $1,183,000 1.2
$887,001 - $1,183,000 0.9
$592,001 - $887,000 6.1
$473,001 - $592,000 6.1
$355,001 - $473,000 20.9
$237,001 - $355,000 40.7
$118,001 - $237,000 20.1
$59,001 - $118,000 2.9
$0 - $59,000 1.0

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
14.3819171985712 30.3030303030303

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,527 / per month

Homeownership Rate

Owners 89.66
Renters 10.34
Vacant 3.09

Housing Market Details


Age of Homes

AGE OF East Amherst HOMES
2000 or Newer 16.6
1970 - 1999 70.8
1940 - 1969 10.7
1939 or Older 2.0

Types of Homes

TYPE OF East Amherst HOMES
Single-Family 83.8
Townhomes 6.5
Small Apt. Buildings 2.5
Apt. Complexes 7.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF East Amherst HOMES
No Bedroom 0.87
1 Bedroom 3.31
2 Bedrooms 12.16
3 Bedrooms 23.24
4 Bedrooms 54.24
5 or more bedrooms 6.18

East Amherst Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
55.01% 2.61% 5 7
* 10 is highest