The housing market in Amboy, MI is doing well as the median value of homes there is currently at $241,700 and has seen an increase in appreciation of 9.09% over the past year. This compares to a median home value across the US of $338,100 and an overall appreciation rate of 8.27%. This shows that home values in Amboy are appreciating faster than the national average. Given this trend, it appears that now is a good time to invest in real estate in Amboy, MI.
The median home cost in Amboy is $241,700. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Amboy is up 16.2%.
Average Age of Homes
- The median age of Amboy real estate is 33 years old
The Rental Market in Amboy
- Renters make up 5.7% of the Amboy population
- 0.0% 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.