Amherst, WI 54406 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Amherst, WI—54406

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$362,000

16.4% YoY Growth

Household Income

$76,400

9.7% YoY Growth

Days on Market

21.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

$1,750

52.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,200

N/A

Home Price Trends — Amherst, WI

As of May '26, the median home price in Amherst, WI is $362,000, with a year-over-year change of 16.4%. This indicates that home prices in Amherst, WI are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$362,000	16.4%
Single Family	$362,000	16.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Amherst, WI

As of July '25, Rentcast reports the average rent in Amherst, WI is $1,980, with a year-over-year rent change of 52.3%. Per bedroom, the median rent as of July '25 in Amherst, WI is 3-bedrooms: $2,200, 4-bedrooms: $1,750. The most common rental property sizes in Amherst, WI are 2-bedroom and 1-bedroom, accounting for 48.1% and 26.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,750	$1,980
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,200	$2,200
4 Bed Rent	$1,750	$1,750

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% of Rental Stock

1 Bedroom

26.4%

2 Bedrooms

48.1%

3 Bedrooms

12.3%

4 Bedrooms

12.8%

5+ Bedrooms

0.4%

Property Listings — Amherst, WI

As of May '26, Realtor.com reports that the median days on market for a home in Amherst, WI is 87. This is a decrease of -21.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$474,000	4.0%
Listing Count	8	71.0%
Listings as % of Homes	0.2%	71.0%
Days on Market	87	-21.0%

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Demographics — Amherst, WI

As of the latest ACS Survey released in 2023, Amherst, WI has a population of 4,010, which has increased by 18.2% over the past 5 years. Amherst, WI is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 30.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,010	18.2%
% Under 18	19.9%	-14.2%
% Seniors	24.2%	53.2%
% WFH	10.9%	47.3%
% w/ College Degree	30.8%	5.8%

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As of the latest ACS Survey released in 2023, Amherst, WI is a predominantly white area, with 95.9% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Amherst, WI is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.6% of the population in Amherst, WI, and this percentage has decreased by 66.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.9%	-1.9%
% Black	0.3%	-25.0%
% Hispanic	1.8%	200.0%
% Asian	0.1%	-75.0%
% Foreign Born	0.6%	-66.7%

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Mortgage and Risk — Amherst, WI

According to HUD data as of 2023, there were 103 mortgage originations in Amherst, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Amherst, WI. Investor activity is low, as 2.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	103
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Amherst, WI

Amherst, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	22
Total Units Section 8	22
% Rentals under Section 8	N/A
% Occupied Section 8	70.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$740
2 Bedroom	N/A	N/A	$960
3 Bedroom	-$1,040	$2,200	$1,160
4 Bedroom	-$460	$1,750	$1,290

Amherst, WI—54406

Key Metrics at a Glance

Home Price Trends — Amherst, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Amherst, WI

% of Rental Stock

Property Listings — Amherst, WI

Demographics — Amherst, WI

Race and Ethnicity

Mortgage and Risk — Amherst, WI

Mortgages

Rentals and Section 8 — Amherst, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Amherst, WI

Home Price to Income Ratio

Amherst, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Nelsonville

Amherst Junction, WI

Almond, WI

Scandinavia, WI

Custer, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$362,000
Median Household Income	$76,400

Amherst, WI—54406

Key Metrics at a Glance

Home Price Trends — Amherst, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Amherst, WI

% of Rental Stock

Property Listings — Amherst, WI

Demographics — Amherst, WI

Race and Ethnicity

Mortgage and Risk — Amherst, WI

Mortgages

Rentals and Section 8 — Amherst, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Amherst, WI

Home Price to Income Ratio

Amherst, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Nelsonville

Amherst Junction, WI

Almond, WI

Scandinavia, WI

Custer, WI

Frequently Asked Questions

What is the average home price in Amherst, WI 54406?

How have home prices in Amherst, WI 54406 changed over the past year?

What is the home price projection for Amherst, WI 54406?

What are the demographics of Amherst, WI 54406?

How long does it take homes to sell in Amherst, WI 54406?

What is the average rent price in Amherst, WI 54406?