Is Amherst, VA 24521 a buyer’s or seller’s market?
Amherst is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score37/ 100
More competitive than 36% of U.S. ZIP codes, and #301 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply5.3Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$191▲ +16.8% vs. last year
Run the numbers for 24521
Nearby markets
Madison Heights 24572Seller’s market $167 /sq ftMonroe 24574Seller’s market $213 /sq ft Browse all markets →More tools for 24521
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology