Welcome to our 1002 real estate data hub, tailored for investors in Amherst, MA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 1002 in Amherst, MA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in HAMPSHIRE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Amherst, MA real estate investing. Uncover the wealth of information available, and position yourself for success in the Amherst property market.
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Location Overview
- Zip Code: 1002
- City: Amherst
- State: MA
- Metro Area: Springfield, MA
- County Name: HAMPSHIRE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $456,075
- Average Home Price (Single Family Homes): $493,560
- Average Monthly Rental Price (All Types): $2,028
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: 0%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,630
- Average 3 Bedroom Section 8 Rental Rates: $2,000
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.32
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 19
- Number of Units Offered in Section 8 in the County: 712
- Number of Occupied Units in Section 8 in the County: 692
- Percentage of Section 8 Units Occupied in the County: 97.09999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 181.92
- Total % Appreciation since 2000 (Government Data): 133.35
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.86%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.79%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.03%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.39%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.02%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.1%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 96.64%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%