Market Overview
Home Prices in Amo, IN
The median home value in Amo, IN is $214,063 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Amo are priced48% below average. Amo is part of the Indianapolis-Carmel-Anderson, IN metro area.
Over the past five years, Amo home values have risen by approximately27.5%, reflecting strong long-term appreciation in this market.
Price History
Amo Home Price Trend
City Comparison
Amo vs. National Median
At $214,063, homes in Amo cost 48% below the national median of $410,000. This makes Amo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Amo?
20% Down Payment
$42,813
on $214,063
Monthly P&I
$1,116/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,417/mo
incl. taxes & insurance
Income Needed
$56,680
gross annual (30% rule)
10% Down Option
$21,406
+ PMI applies
Loan Amount (20% dn)
$171,250
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 Amo, IN?
The median home value in Amo is $214,063 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Amo?
Over the past year, home values in Amo have decreased by 2.4%. Over five years, prices have risen approximately 27.5%.
How much do I need to earn to buy a home in Amo?
To comfortably afford the median home price of $214,063 with a 20% down payment ($42,813) at today's rates (6.8%), you'd need a gross annual income of approximately $56,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Amo compare to the national average home price?
The national median home value is approximately $410,000. At $214,063, homes in Amo are 48% below the national average.
What metro area is Amo part of?
Amo is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.