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Amherst, VA Home Values and Rents

The typical home value in Amherst is $293,784, 275th highest of 367 cities and towns in Virginia. Median rent is $718 a month.

Typical home value
$293,784
275th of 367 in VA
Median rent
$718/mo
ACS 2020-2024
Price change, 1 year
+3.7%
Sep 2026
Homeownership
70.4%
VA: 67.3%

Home sale prices in the Lynchburg, VA area

Zillow median sale price, Sep 2026

$295,419-0.5% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Amherst

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodAmherst
Sep 2026$293,784
Dec 2025$285,787
Dec 2024$285,136
Dec 2023$272,998
Dec 2022$254,421
Dec 2021$227,175
Dec 2020$210,709
Dec 2019$192,719
Dec 2018$184,025
Dec 2017$177,399
Dec 2016$169,793
Dec 2015$164,595
Dec 2014$160,470
Dec 2013$161,615
Dec 2012$158,142

Over five years, Amherst prices changed +29.1%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Lynchburg, VA MSA

VA rents
Unit sizeMonthly rentvs FY2026
Studio$965-6.0%
1 bedroom$971-6.0%
2 bedrooms$1,117-5.9%
3 bedrooms$1,547-5.4%
4 bedrooms$1,678-4.1%

Frequently asked questions

What is the typical home value in Amherst, VA?
The typical home value in Amherst is $293,784 (Zillow Home Value Index, Sep 2026). The Virginia median is $383,700.
How much is rent in Amherst?
The median rent in Amherst is $718 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,117.
Are home prices going up in Amherst?
The typical home value in Amherst changed +3.7% over one year and +29.1% over five years, as of Sep 2026.
How does Amherst compare with the rest of Virginia?
Amherst has the 275th highest median home value of 367 cities and towns with 1,000+ residents in Virginia.