01003, Amherst, MA

The 1003 zip code of Amherst, MA has a median home value of $269,000 and a median home equity value of $141,000. This is higher than the statewide median home value of $217,500 and the national median home equity value of $177,200. The 1003 zip code also has a higher than average percentage of homes with a mortgage at 84%.

There are many factors that contribute to the high values in the 1003 zip code. The most significant factor is likely the high level of education attainment in this area. Over 60% of residents have at least a bachelor's degree, which is above the statewide average and well above the national average. Additionally, there are many affluent families in this area who are able to invest in property values. Finally, there is strong demand for housing in this area due to its excellent schools and amenities.