Market Overview
Home Prices in Amherst, MA
The median home value in Amherst, MA is $552,869 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Amherst are priced35% above average. Amherst is part of the Springfield, MA metro area.
Over the past five years, Amherst home values have risen by approximately33.5%, reflecting strong long-term appreciation in this market.
Price History
Amherst Home Price Trend
City Comparison
Amherst vs. National Median
At $552,869, homes in Amherst cost 35% above the national median of $410,000. Buyers in Amherst should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Amherst?
20% Down Payment
$110,574
on $552,869
Monthly P&I
$2,883/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,661/mo
incl. taxes & insurance
Income Needed
$146,440
gross annual (30% rule)
10% Down Option
$55,287
+ PMI applies
Loan Amount (20% dn)
$442,295
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Amherst, MA?
The median home value in Amherst is $552,869 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in Amherst?
Over the past year, home values in Amherst have increased by 1.1%. Over five years, prices have risen approximately 33.5%.
How much do I need to earn to buy a home in Amherst?
To comfortably afford the median home price of $552,869 with a 20% down payment ($110,574) at today's rates (6.8%), you'd need a gross annual income of approximately $146,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Amherst compare to the national average home price?
The national median home value is approximately $410,000. At $552,869, homes in Amherst are 35% above the national average.
What metro area is Amherst part of?
Amherst is part of the Springfield, MA metropolitan area. Home prices and market conditions can vary across the broader metro region.