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South Amherst

Learn about the people, housing, costs and businesses in South Amherst, Ohio

Median Home$200,900
Median Rent$1,140/month
Population1,648
Leading IndustriesTransportation · Retail · Professional Services3% transportation
Home Value Growth+2.3% over 2 years
Retirees24% of residentsslightly above average
Homeowners84% of occupied units
NotableTransit83/100 · excellent transit access
NotableAmenity Score71/100 · highly walkable area
South Amherst
OH

Frequently Asked Questions

What are today's mortgage rates in South Amherst?

As of today, the 30-year fixed mortgage rate for South Amherst is approximately 7.060% (7.101% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in South Amherst?

The median home value in South Amherst is $201k. The median monthly rent is $1,140. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Amherst?

Home values in South Amherst have increased 2.3% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in South Amherst?

Based on a typical all-in ownership cost of $1,056/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Amherst is $82k/year.

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What industries drive the economy in South Amherst?

The largest employment sectors in South Amherst are public administration (24%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.