Market Overview
Home Prices in Amboy, IL
The median home value in Amboy, IL is $186,208 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.3% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Amboy are priced55% below average. Amboy is part of the Dixon, IL metro area.
Over the past five years, Amboy home values have risen by approximately31.6%, reflecting strong long-term appreciation in this market.
Price History
Amboy Home Price Trend
2020
$117,795
$118K
—
2021
$141,509
$142K
+20.1%
2022
$153,976
$154K
+8.8%
2023
$145,751
$146K
-5.3%
2024
$161,491
$161K
+10.8%
2025
$168,747
$169K
+4.5%
2026
$186,208
$186K
+10.3%
City Comparison
Amboy vs. National Median
🏠 Amboy
$186,208
National Median
$410,000
At $186,208, homes in Amboy cost 55% below the national median of $410,000. This makes Amboy a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Amboy?
20% Down Payment
$37,242
on $186,208
Monthly P&I
$971/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,233/mo
incl. taxes & insurance
Income Needed
$49,320
gross annual (30% rule)
10% Down Option
$18,621
+ PMI applies
Loan Amount (20% dn)
$148,966
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Amboy, IL?
The median home value in Amboy is $186,208 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.3% year-over-year.
How much have home prices changed in Amboy?
Over the past year, home values in Amboy have increased by 10.3%. Over five years, prices have risen approximately 31.6%.
How much do I need to earn to buy a home in Amboy?
To comfortably afford the median home price of $186,208 with a 20% down payment ($37,242) at today's rates (6.8%), you'd need a gross annual income of approximately $49,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Amboy compare to the national average home price?
The national median home value is approximately $410,000. At $186,208, homes in Amboy are 55% below the national average.
What metro area is Amboy part of?
Amboy is part of the Dixon, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.