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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



East Amherst, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

East Amherst, NY Housing Market Trends

With 31,778 people, 12,369 houses or apartments, and a median cost of homes of $545,250, East Amherst real estate prices are well above average cost compared to national prices.

East Amherst is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in East Amherst than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Amherst. Owner-occupied housing accounts for 82.80% of East Amherst's homes, and 73.15% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in East Amherst built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in East Amherst built between 2000 and later ( 25.09%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.87%). There's also some housing in East Amherst built before 1939 ( 2.57%).

East Amherst Home Appreciation Rates

Real estate appreciation rates in East Amherst's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.33% during the period.

Over the last year, East Amherst appreciation rates have trailed the rest of the nation. In the last twelve months, East Amherst's appreciation rate has been 3.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Amherst were at 2.79%, which equates to an annual appreciation rate of 11.65%.

Relative to New York, our data show that East Amherst's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within East Amherst differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in East Amherst - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best East Amherst real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$545,250

East Amherst, NY Home Prices
> $1,340,000
$1,005,001 - $1,340,000
$670,001 - $1,005,000
$536,001 - $670,000
$402,001 - $536,000
$268,001 - $402,000
$134,001 - $268,000
$67,001 - $134,000
$0 - $67,000
0.6%
0.6%
2.7%
2.7%
18.9%
18.9%
23.2%
23.2%
26.0%
26.0%
15.0%
15.0%
10.7%
10.7%
0.9%
0.9%
2.1%
2.1%
0% 100.0%
% of Homes
High

for New york

Very High

for nation

Number of Homes And Apartments:

12,369

East Amherst Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,703 / per month

Homeownership Rate

Owners
Renters
82.8%
82.8%
17.2%
17.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
2.2%
2.2%
97.8%
97.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.1%
25.1%
63.5%
63.5%
8.9%
8.9%
2.6%
2.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
77.6%
77.6%
6.4%
6.4%
4.3%
4.3%
11.3%
11.3%
0.0%
0.0%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.4%
0.4%
6.0%
6.0%
15.2%
15.2%
25.0%
25.0%
48.1%
48.1%
5.3%
5.3%
0% 100.0%
% of Homes