Housing in Amboy, IL is significantly more affordable than the national median value of $338,100. Despite this lower cost of housing, the appreciation rate over the last year still stands at 6.45%, suggesting that it is still a desirable market. This value could be appealing to buyers looking for an area with great potential without needing to spend as much upfront.
The median home cost in Amboy is $121,800. Home appreciation the last 10 years has been 36.2%. Home Appreciation in Amboy is up 8.8%.
Average Age of Homes
- The median age of Amboy real estate is 69 years old
The Rental Market in Amboy
- Renters make up 27.6% of the Amboy population
- 2.6% of houses and apartments in Amboy, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.