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Featured local agent — Quincy, IL
Sarah Mitchell
Compass Real Estate · Quincy, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Quincy, IL Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $172,500 |
| Median list price | $194,900 |
| Year-over-year price change | -2.1% |
| Average days on market | 50 days |
| Active inventory | 142 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $109/sq ft |
| Homes sold (latest month) | 52 |
| New listings (latest month) | 52 |
| Listings with a price cut | 31.0% |
| Market condition | Seller'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $170,000 | $109/sq ft | 49 | 50 days |
| Condo / Co-op | $269,000 | $160/sq ft | 2 | 42 days |
| Townhouse | $127,500 | $67/sq ft | 1 | 103 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
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
Quincy Jr High School
Grades 6-8 · 1,273 students
Lincoln-Douglas Elementary School
Grades K-5 · 590 students
Thomas S Baldwin Elem Sch
Grades K-5 · 565 students
Sarah Atwater Denman Elem
Grades K-5 · 521 students
Colonel George Iles Elem Sch
Grades K-5 · 508 students
Dr. Abby Fox Rooney Elem Sch
Grades K-5 · 482 students
Early Childhood
Grades PK-K · 451 students
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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