Amherst, VA Real Estate
According to census data in the year 2000 there were 1,003 housing units in Amherst.
This represents a 130.6% growth from 435 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,003 were located in what is classified as a rural area.
Homeownership rate in Amherst is about 61.5%.
Amherst's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Amherst were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 14.90% |
| Two Bedrooms | 25.40% |
| Three Bedrooms | 42.30% |
| Four Bedrooms | 14.40% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $101,400 |
| Median Price asked for vacant units | $131,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $219 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 35.60% |
| Debt Free | 48% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.9% |
