Amherst, WI—54406
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Amherst, WI
As of Nov '25, the median home price in Amherst, WI is $337,000, with a year-over-year change of 12.4%. This indicates that home prices in Amherst, WI are increasing. According to Zillow, the 1-year price projection is 4.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $337,000 | 12.4% |
| Single Family | $338,000 | 12.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Amherst, WI
As of Nov '25, Realtor.com reports that the median days on market for a home in Amherst, WI is 57. This is a decrease of -50.0% 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 | $395,000 | -16.0% |
Listing Count | 13 | 19.0% |
| Listings as % of Homes | 0.2% | 19.0% |
Days on Market | 57 | -50.0% |
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% |
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% |
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% |
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 |
Affordability — Amherst, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $337,000 |
| Median Household Income | $76,400 |