Amherst, OH Real Estate
According to census data in the year 2000 there were 4,610 housing units in Amherst.
This represents a 19.3% growth from 3,864 in 1990.
Of those housing units, 4,595 were located in either urbanized areas or urban clusters, and 15 were located in what is classified as a rural area.
Homeownership rate in Amherst is about 86.2%.
Amherst's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Amherst were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 4% |
| Two Bedrooms | 15.30% |
| Three Bedrooms | 51.50% |
| Four Bedrooms | 25.90% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $139,100 |
| Median Price asked for vacant units | $164,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $471 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 11.50% |
| Simple Mortgage | 47.50% |
| Debt Free | 33.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
