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Sarah Mitchell

CNESRESABR

Compass Real Estate · Quincy, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Quincy, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Quincy, IL Housing Market & Real Estate

Seller's market-2.1% YoY

Housing market overview · Updated monthly ·

$172,500median sale price

How is the Quincy, IL housing market right now?

The median home sale price in Quincy, IL is $172,500, down 2.1% year-over-year. Homes sell in an average of 50 days with 142 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Quincy a buyer's or seller's market?

Seller's market2.7 months of supply50 avg. days on market

Quincy, IL is currently a seller's market, based on 2.7 months of supply and homes selling in about 50 days. How we determine this →

Homes sold

52

Last 12 weeks

Days on market

50

Average pace

Active listings

142

2.7 months supply

Sale-to-list

98.4%

Below asking

What does the Quincy housing market data show?

Current housing market statistics for Quincy, IL
MetricValue
Median sale price$172,500
Median list price$194,900
Year-over-year price change-2.1%
Average days on market50 days
Active inventory142 listings
Months of supply2.7 months
Sale-to-list price ratio98.4%
Median price per sq ft$109/sq ft
Homes sold (latest month)52
New listings (latest month)52
Listings with a price cut31.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Quincy by property type?

How the Quincy, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Quincy, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$170,000$109/sq ft4950 days
Condo / Co-op$269,000$160/sq ft242 days
Townhouse$127,500$67/sq ft1103 days

Source: Redfin · Updated monthly

The Quincy housing market is currently classified as a seller's market with a median sale price of $172,500. Prices have fallen 2.1% compared to last year, with homes spending an average of 50 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.

Homes for sale in Quincy

There are currently 142 homes listed for sale in Quincy, Illinois. The median listing price is $195K.

Active listings

142

Homes on market

Median list price

$195K

Avg. days on market

50

Days until sale

New this week

52

Newly listed

Price drops:31.0%of listings
Sale-to-list:98.4%

Who lives in Quincy?

Population

39,188

Median income

$56,372/yr

Median age

40.1 years

Owner-occupied

64.8%

College grads

26.6%

Avg commute

13.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Quincy?

Zillow home value

$182,838

Zillow rent index

$1,256/mo

Price-to-rent ratio

12.1x

Price-to-income

3.2x

Source: Zillow Research

What is it like to live in Quincy?

Quincy is a community of approximately 39K residents with a median age of 40.1 years.The median household income is $56,372, which represents a working-class community with solid middle-income opportunities. 26.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 64.8%, showing a blend of owner and renter-occupied properties. The average commute time is 13.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Quincy offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Quincy?

13 schools tracked · 6,389 students

The largest public schools serving Quincy, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Quincy Sr High School

Grades 9-12 · 1,886 students

Public

Quincy Jr High School

Grades 6-8 · 1,273 students

Public

Lincoln-Douglas Elementary School

Grades K-5 · 590 students

Public

Thomas S Baldwin Elem Sch

Grades K-5 · 565 students

Public

Sarah Atwater Denman Elem

Grades K-5 · 521 students

Public

Colonel George Iles Elem Sch

Grades K-5 · 508 students

Public

Dr. Abby Fox Rooney Elem Sch

Grades K-5 · 482 students

Public

Early Childhood

Grades PK-K · 451 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Quincy, IL?

Want a head-to-head view? Compare Quincy side-by-side with any other U.S. city using our market-comparison tool.

Is Quincy a good real estate investment market?

For investors evaluating Quincy, the price-to-rent ratio of 12.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 2.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Quincy's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Quincy's median home price.

Frequently asked questions

What is the average home price in Quincy?

The median home sale price in Quincy is $172,500, down 2.1% from last year.

How long do homes stay on market in Quincy?

Homes typically spend 50 days on market before going under contract.

What is the median income in Quincy?

The median household income is $56,372 per year.

Is Quincy a buyer's or seller's market?

With 2.7 months of supply, Quincy is currently a seller's market.

What is the Zillow home value estimate for Quincy?

The Zillow Home Value Index (ZHVI) for Quincy is $182,838, representing the typical home value in the area.

What is the median condo price in Quincy?

The median condo/co-op sale price in Quincy, IL is $269,000, compared to $170,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Quincy?

The median single-family home price in Quincy, IL is $170,000 (about $109 per square foot).

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