A typical Amherst home is worth about $408,000
Up 12.5% in a year, 45% above the Nebraska typical home.
Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Amherst?
Read from the numbers below. The page puts what stands out first.
Up 48.6% in five years
Faster than Nebraska (25.6%).
Show as a table
| January | Amherst | Nebraska |
|---|---|---|
| 2022 | $289,000 | $227,000 |
| 2023 | $320,000 | $248,000 |
| 2024 | $345,000 | $259,000 |
| 2025 | $367,000 | $270,000 |
| 2026 | $381,000 | $278,000 |
| August 2026 | $408,000 | $281,000 |
A typical Amherst home worth $267K in February 2021 is worth about $408K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
What it takes to buy in Amherst
Try your own numbers below.
That’s $134K short of a typical Amherst home.
A two-bedroom rents for about $960 a month here, $1,680 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Nebraska typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
77% of Amherst households own their home
Half of Amherst’s homes were built before 1955.
Nebraska: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $960
Renters already here pay a median of $679, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Buffalo County, NE): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Amherst in 2025. The last year with any was 2023 (2 new homes).
Between the 2010 and 2020 censuses, Amherst's population fell by 47 even though 5 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Nebraska: 1.8 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 2 | 2 | 0 | $1.5 million |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 1 | 1 | 0 | $300,000 |
| 2017 | 2 | 2 | 0 | $788,000 |
| 2016 | 2 | 2 | 0 | $788,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $30,000 |
| 2008 | 1 | 1 | 0 | $30,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 1 | 1 | 0 | $110,000 |
| 2000 | 2 | 2 | 0 | $169,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Neighbors talk housing
What Amherst buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, February 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.