Amherst County, Virginia home prices
Typical home $262,078 · +1.9% in a year · property tax 0.46%
The typical home in Amherst County is worth $262,078, 36% less than the Virginia typical home ($412,252). Values changed +1.9% in the past year and +26.3% over five years. Homeowners here pay a median 0.46% of their home's value in property tax each year ($1,203 on the typical home), versus 0.71% statewide.
Mortgage on the typical Amherst County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $52,416 | $209,662 | $1,410 | $0 | $231 | $1,642 | $70,400 |
| 10% down | $26,208 | $235,870 | $1,587 | $98 | $231 | $1,916 | $82,100 |
| 5% down | $13,104 | $248,974 | $1,675 | $104 | $231 | $2,010 | $86,100 |
| 3.5% down (FHA) | $9,173 | $257,331 | $1,731 | $116 | $231 | $2,078 | $89,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.46% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Lynchburg metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Radford City | $265,800 | +3.5% | 0.72% |
| Washington County | $258,078 | +2.5% | 0.5% |
| Portsmouth City | $266,486 | +2.5% | 1.04% |
| Campbell County | $273,460 | +2.2% | 0.45% |
| Charles City County | $273,657 | +0.0% | 0.56% |
| Floyd County | $273,743 | +11.5% | 0.55% |
| Southampton County | $273,820 | +2.4% | 0.66% |
| Buckingham County | $247,828 | +2.8% | 0.52% |
| Accomack County | $245,873 | +1.3% | 0.48% |
| Hampton City | $279,270 | +2.5% | 0.95% |
Frequently asked questions
What is the average home price in Amherst County, VA?
The typical home value in Amherst County is $262,078 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Amherst County?
About $70,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Amherst County?
The median effective rate is 0.46% of home value a year (Census ACS 2024 5-year estimates).