Is Amherst, OH 44001 a buyer’s or seller’s market?
Amherst is a seller’s market. With about 1.6 months of supply and 31% 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 76% of U.S. ZIP codes, and #130 of 489 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, 31% of homes in Amherst, OH 44001 sold above their list price, the typical home went under contract in 22 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 83 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold faster (32 days then) and the median sale price rose 13% to $296,872. Overall, Amherst is about as competitive as it was a year ago.
Within Lorain County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in 79%. On our competition score, Amherst ranks #130 of 489 OH ZIP codes with enough sales (score 72 out of 100).
Nearby, buyers who want less competition could look at Kipton 44049 (0% sold over asking) or Lagrange 44050 (23% sold over asking), while Sheffield Lake 44054 (51% sold over asking) and Lorain 44055 (50% sold over asking) are even more competitive.
Run the numbers for 44001
Nearby markets
Avon 44011Seller’s market $219 /sq ftAvon Lake 44012Seller’s market $213 /sq ftColumbia Station 44028Seller’s market $204 /sq ftElyria 44035Seller’s market $152 /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 1.6 months of supply in Amherst, OH 44001 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?
31% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Amherst?
About 1.37% of a home’s value a year in Lorain County, or roughly $5,480 on a $400,000 home.
What is the median home price in Amherst?
The median sale price was $296,872 in the three months ending August 31, 2026, about $173 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