Home prices
Amherst's median home cost is $168,100. This is approximately $12,080 (7%) higher in comparison to other places in this area.In comparison to the rest of the country it is roughly $49,400 (22%) lower, and in comparison to the city of Roanoke is roughly $33,000 (24%) higher.
Rents
The median rent in Amherst is $807 a month. It is approximately $22 (2%) lower in comparison to nearby areas.In comparison to the rest of the country it is approximately $255 (24%) lower, and is is very similar compared to the city of Roanoke.
Nearby places
Madison Heights
Madison Heights is about 9 miles south of Amherst. The real estate prices there are a bit less expensive. The median home in Madison Heights costs $138,400, which works out to $29,700 (21%) lower than Amherst. Its rents are somewhat less expensive. In Madison Heights the median rent is $690 a month, which works out to $117 (16%) lower than Amherst.
Lynchburg
Lynchburg is about 14 miles southwest of Amherst. The housing prices there are similar. The median home cost in Lynchburg is $160,100, which comes out to $8,000 (4%) lower than Amherst. Rents there are somewhat more expensive. The median rent in Lynchburg is $857 a month, which comes out to $50 (5%) higher than Amherst.
Concord
Concord is about 17 miles south of Amherst. Its housing prices are substantially less expensive. The median home in Concord is valued at $120,500, which works out to $47,600 (39%) lower than Amherst. Its rents are fairly similar. In Concord the median rent is $813 per month, which is very similar to Amherst.
Buena Vista
Buena Vista is approximately 17 miles northwest of Amherst. The housing prices there are a lot less expensive. The value of the median home in Buena Vista is $126,600, which comes out to $41,500 (32%) lower than Amherst. The rent there is fairly similar. In Buena Vista the median monthly rent is $795, which comes out to $12 (1%) lower than Amherst.
Forest
Forest is approximately 18 miles southwest from Amherst. The real estate prices there are a little more expensive. The median home in Forest costs $234,500, which is $66,400 (28%) higher than Amherst. Rent there is somewhat more expensive. In Forest the median rent is $988 a month, which is $181 (18%) higher than Amherst.
