Amherst

Situated in Lorain County, this small city of roughly 12,800 residents carries a notably high owner-occupied rate of 87.7%, signaling a stable, owner-driven housing market with relatively low turnover. The median household income of $93,043 supports demand at current price points, with the median home price sitting at $299,900 and a price per square foot of $149. Buyers are finding homes that average 2,133 square feet, offering substantial space relative to the price. With only 19 active listings currently on the market, inventory is tight, which can translate to competitive conditions for buyers and favorable positioning for sellers. Families with school-age children fall within the Amherst Exempted Village School District. The combination of limited supply, strong homeownership rates, and above-average household income suggests a market that has remained fundamentally sound, with little indication of the instability sometimes seen in higher-inventory suburban areas across northern Ohio.

Market description generated from current MLS and U.S. Census data.