Amboy, MI housing market
Home prices around Amboy have risen about 77% over the past 5 years.
Home values, sales, trends and how Amboy compares with the towns next door — updated as new data is published.
Home prices up 77% in 5 years
The federal house price index for the ZIP codes around Amboy rose 77% over the past 5 years, faster than across Michigan (52%). Last year prices rose 13%.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +13% | +148% | +97% |
| 2024 | +26% | +118% | +88% |
| 2023 | −0.5% | +74% | +76% |
| 2022 | +9% | +75% | +64% |
| 2021 | +14% | +60% | +45% |
| 2020 | +4% | +40% | +30% |
| 2019 | +5% | +35% | +26% |
| 2018 | +14% | +28% | +20% |
| 2017 | +4.3% | +12% | +12% |
| 2016 | +3.5% | +7.8% | +5.3% |
| 2015 | +3.6% | +4.2% | 0% |
| 2014 | −0.1% | +0.6% | −4.7% |
| 2013 | −1.8% | +0.7% | −12% |
| 2012 | −2.8% | +2.6% | −16% |
| 2011 | −0.4% | +5.5% | −16% |
| 2010 | −1.1% | +6% | −12% |
| 2009 | −5.2% | +7.2% | −5% |
| 2008 | −1.2% | +13% | +3.5% |
| 2007 | −2.6% | +14% | +11% |
| 2006 | −3.4% | +17% | +16% |
| 2005 | +9.7% | +22% | +18% |
| 2004 | +4.5% | +11% | +14% |
| 2003 | +4.4% | +6.1% | +10% |
| 2002 | −2% | +1.6% | +8.3% |
| 2001 | +3.7% | +3.7% | +5% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 49232, 49288, covering 83% of Amboy’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Amboy and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Amboy | — | +13.4%† | $1,040 | $60,517 |
| Woodbridge | — | +14.8%† | $1,000 | $66,786 |
| Bridgewater | — | +7.1%† | $970 | $77,143 |
| Madison | — | +0.8%† | $990 | $49,500 |
| Camden | $254K | +6.8% | $1,050 | $51,875 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,040
HUD's Fair Market Rent for a two-bedroom in Amboy is $1,040 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Amboy pay a median of $869, so moving in tends to cost more than staying put.
Studio $720 · 4 bedrooms $1,380
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49232, 49288; Hillsdale County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.