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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 Type0.60%
One Bedroom4%
Two Bedrooms15.30%
Three Bedrooms51.50%
Four Bedrooms25.90%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1964
Median Value of occupied units$139,100
Median Price asked for vacant units$164,800

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1965
Median Monthly Rent asked for vacant units$471

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage6.60%
Home Equity Loan11.50%
Simple Mortgage47.50%
Debt Free33.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17%