Amboy, IL—61310
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Amboy, IL
As of Oct '25, the median home price in Amboy, IL is $171,000, with a year-over-year change of 8.4%. This indicates that home prices in Amboy, IL are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | 8.4% |
| Single Family | $174,000 | 9.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $166,000 | 6.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Amboy, IL
As of July '25, Rentcast reports the average rent in Amboy, IL is $850, with a year-over-year rent change of -32.0%. Per bedroom, the median rent as of July '25 in Amboy, IL is 2-bedrooms: $850. The most common rental property sizes in Amboy, IL are 3-bedroom and 2-bedroom, accounting for 36.2% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $850 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Amboy, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Amboy, IL is 29. This is a decrease of -9.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $121,000 | 9.0% |
Listing Count | 8 | -26.0% |
| Listings as % of Homes | 0.5% | -26.0% |
Days on Market | 29 | -9.0% |
Demographics — Amboy, IL
As of the latest ACS Survey released in 2023, Amboy, IL has a population of 3,530, which has decreased by -5.8% over the past 5 years. Amboy, IL is a moderately popular place for families, as children make up 16.6% of the population. The area has a poorly educated workforce, with 11.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,530 | -5.8% |
% Under 18 | 16.6% | -21.0% |
% Seniors | 24.6% | 25.5% |
% WFH | 2.0% | -35.5% |
% w/ College Degree | 11.0% | -24.1% |
As of the latest ACS Survey released in 2023, Amboy, IL is a predominantly white area, with 95.4% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Amboy, IL is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.9% of the population in Amboy, IL, and this percentage has decreased by 70.0% 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 | 95.4% | 0.3% |
% Black | 0.7% | -12.5% |
% Hispanic | 2.3% | 0.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | -70.0% |
Mortgage and Risk — Amboy, IL
According to HUD data as of 2023, there were 32 mortgage originations in Amboy, IL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Amboy, IL. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 32 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 6.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Amboy, IL
Amboy, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | $50 | $850 | $900 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Amboy, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $171,000 |
| Median Household Income | $75,400 |