Amboy, MN—56010
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Amboy, MN
As of Oct '25, the median home price in Amboy, MN is $227,000, with a year-over-year change of 5.2%. This indicates that home prices in Amboy, MN are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $227,000 | 5.2% |
| Single Family | $228,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $181,000 | 4.0% |
3 Bed | $225,000 | 5.1% |
4 Bed | $252,000 | 6.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Amboy, MN
Amboy, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Amboy, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Amboy, MN is 58. This is a decrease of -46.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $152,000 | -12.0% |
Listing Count | 5 | 9.0% |
| Listings as % of Homes | 1.1% | 9.0% |
Days on Market | 58 | -46.0% |
Demographics — Amboy, MN
As of the latest ACS Survey released in 2023, Amboy, MN has a population of 1,090, which has decreased by -14.3% over the past 5 years. Amboy, MN is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,090 | -14.3% |
% Under 18 | 21.3% | -14.8% |
% Seniors | 23.7% | 26.1% |
% WFH | 8.4% | -3.4% |
% w/ College Degree | 25.0% | 34.4% |
As of the latest ACS Survey released in 2023, Amboy, MN is a predominantly white area, with 96.2% of the population identifying as white. The white population has grown by 5.8% in the last 5 years. The second most common race or ethnicity in Amboy, MN is hispanic, making up 3.0% of the population. Foreign-born residents account for 1.0% of the population in Amboy, MN, and this percentage has decreased by 83.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.2% | 5.8% |
% Black | 0.1% | ∞% |
% Hispanic | 3.0% | -52.4% |
% Asian | 0.1% | -88.9% |
% Foreign Born | 1.0% | -83.9% |
Mortgage and Risk — Amboy, MN
According to HUD data as of 2023, there were 47 mortgage originations in Amboy, MN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Amboy, MN. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Amboy, MN
Amboy, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,690 |
Affordability — Amboy, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $227,000 |
| Median Household Income | $83,900 |