Living in Amboy, IN
Amboy, IN, is a small, tight-knit community that offers a peaceful country lifestyle with easy access to nearby cities. Residents enjoy a variety of local amenities, outdoor activities, and a strong sense of community. Families will appreciate the quality education available in local schools and the friendly atmosphere that defines this quaint town.
Current Market Conditions in Amboy, IN
The real estate market in Amboy, IN, is currently showing signs of stability with a balanced inventory of homes for sale. Prices have modestly increased over recent months, indicating a welcoming environment for homebuyers looking for affordable housing options in a beautiful rural setting.
In recent months, Amboy has seen a slight uptick in home sales and inquiries, suggesting a growing interest in the area as more people seek homes outside of urban environments. The market remains competitive, particularly for well-maintained properties that attract buyers looking for charm and value.
Home Value Estimator For Amboy, IN
There are currently 482 real estate properties
in Amboy, IN,
with a median automated valuation model (AVM) price
of $200,538.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Amboy, IN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Amboy, IN,
is $234,135.00, with the most expensive house
in Amboy, IN, topping out
at $1,103,379.00 and the cheapest home
in Amboy, IN,
clocking in at $10,534.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Amboy, IN!
Rent Prices
In Amboy, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Amboy, IN, is on
a rollercoaster ride. The
average rent price in Amboy, IN,
is $1,090.00. Indeed, when looking to rent in
Amboy, IN, you can expect to pay as little
as $590.00 or as much
as $2,120.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Amboy, IN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.