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Preforeclosure Homes in Amherst, OH

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N-lake-st-Amherst-OH-44001
Preforeclosure NEW
$147,220 EMV

N Lake St
Amherst, OH 44001

3 Bed | 2 Bath | 1,320 Sq. Ft.

Linn-dr-Amherst-OH-44001
Preforeclosure
$122,060 EMV

Linn Dr
Amherst, OH 44001

4 Bed | 1 Bath | 1,792 Sq. Ft.

Baumhart-rd-Amherst-OH-44001
Preforeclosure

Baumhart Rd
Amherst, OH 44001

3 Bed | 2 Bath | 5,457 Sq. Ft.

Lakeview-cir-Amherst-OH-44001
Preforeclosure

Lakeview Cir
Amherst, OH 44001

4 Bed | 3 Bath | 1,920 Sq. Ft.

Displaying 1 - 4 of 4
 

Foreclosure Homes in Amherst, OH

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Amherst, OH area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Amherst, OH and much more. Save thousands at closing with home foreclosure listings in Amherst, OH — up to 75% off market value!


Top Reasons To Live In Amherst, OH In 2021

Amherst is located in Lorain, Ohio, with an estimated municipal population of 12,219 residents. All of the best foreclosed homes for sale in Amherst are located in the following zip code areas on Foreclosure.com: 44001. The estimated population per square kilometer (.62 miles) in Amherst is 668.


Cost Of Living In Amherst, OH

So, about how much do homes cost in Amherst? The most recent median value of resident-owned homes in Amherst is 167,442. An estimated 81.8 percent of households in Amherst own their homes, with an average family size of 2.92. The median household income in Amherst is 71,775, with32.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Amherst, the median commute time of resident workers (in minutes) is 22.1. And last, but certainly not least, are you looking for homes to rent in Amherst? If so, the average rent price paid by renters in Amherst is 784, according to recent statistics.


Diversity And Demographics In Amherst, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Amherst, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Amherst is 47.5, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Amherst is 58.1, with an average family size of 2.92.

The percentage of residents who report their race in Amherst is as follows:

White 92.4%
Black / African American 0.9%
Asian 2.1%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.8%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Amherst? Or maybe you are searching for 55+ active adult communities in and/or near Amherst?

The percentage of residents who report their age in Amherst is as follows:

Under 10 11.7%
Aged 10-19 11%
20s 7.7%
30s 11.6%
40s 11.7%
50s 14.9%
60s 16%
70s 9.2%
80+ 6.3%

Best Schools In Amherst, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Amherst with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Amherst.


Pros And Cons Of Living In Amherst, Ohio

How do you know that living in -- or moving to -- Amherst is right where you need to be? Perhaps you grew up in Amherst or already live nearby; therefore, the decision to buy a home in Amherst is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Amherst for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Amherst:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Amherst.


Reasons To Move To Amherst, Ohio, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Amherst can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Amherst, meanwhile, can field multiple offers from more qualified buyers.

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