Is Amherst, MA 01002 a buyer’s or seller’s market?
Amherst is a seller’s market. With about 2.7 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 84% of U.S. ZIP codes, and #231 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Amherst housing market right now
In the three months ending August 31, 2026, 45% of homes in Amherst, MA 01002 sold above their list price, the typical home went under contract in 22 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 78 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 40%, homes sold faster (24 days then) and the median sale price rose 6% to $550,762. Overall, Amherst is more competitive than a year ago, so tougher for buyers.
Within Hampshire County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Amherst ranks #231 of 362 MA ZIP codes with enough sales (score 78 out of 100).
Nearby, buyers who want less competition could look at West Chesterfield 01084 (0% sold over asking) or Plainfield 01070 (0% sold over asking), while West Hatfield 01088 (100% sold over asking) and Hadley 01035 (72% sold over asking) are even more competitive.
Run the numbers for 01002
Nearby markets
Amherst 01003 — /sq ftBelchertown 01007Seller’s market $258 /sq ftChesterfield 01012Buyer’s market $87 /sq ftCummington 01026Seller’s market $212 /sq ft Browse all markets →Towns like Amherst nearby
Find towns like Amherst in other states →Where Amherst is
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Questions about Amherst real estate
Is Amherst a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Amherst, MA 01002 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Amherst?
The typical home went under contract in 22 days in the latest three months.
Do homes in Amherst sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Amherst?
About 1.43% of a home’s value a year in Hampshire County, or roughly $5,720 on a $400,000 home.
What is the median home price in Amherst?
The median sale price was $550,762 in the three months ending August 31, 2026, about $314 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology