Is Amherst, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amherst is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Amherst was a Seller's Market.

Key Takeaway

Amherst is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Amherst, WI

How much do homes in Amherst, WI cost?

Median Sold Price

$224,450

$133/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$550(-0.2%)

Key Takeaway

The sold price of homes in Amherst has remained the same since last month.

Summary: The median home sold price in Amherst was $224,450 in October 2024, down 0.2% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $155.9K-
N/A
3 -$198.9K
N/A
4 $225K$250K
+11.1%
5+ $350K-
N/A

Summary: Amherst housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes did not change.

Housing Supply in Amherst, WI

How many homes are available in Amherst, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1314+7.7%

Summary: The Amherst real estate market had 14 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 57
+40.0%
4 67
+16.7%
5+ 10
-100.0%

Summary: The Amherst housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amherst, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Amherst in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Amherst, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Amherst, WI

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