Metropolitan market · Illinois · September 2026 data

What is the Quincy, IL real estate market doing?

As of September 2026, the median home listed in Quincy, IL asks $217,000, up 21.2% year over year. Homes spend a median of 48 days on market, with 162 active listings and 25% carrying a price cut; pending contracts equal 51% of active listings, and inventory sits at 50% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$217,000
▲ 21.2% YoY
Median $ / sq ft
$122
1,700 sq ft median
Median days on market
48
September 2026
Active listings
162
For sale now
New listings
62
September 2026
Listings with price cuts
25%
Share of active
Inventory vs 2019
50%
Same month, 2019 = 100
Pending / active
51%
Contract activity
Median sale price (closed)
$190,000
▲ 18.8% YoY · closed sales · July 2026
Sale-to-list ratio
97.9%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
97
Closed sales · July 2026, seasonally adjusted

What is the Quincy, IL housing market doing right now?

The Quincy, IL housing market lists at a $217,000 median as of September 2026, up 21.2% year over year, with a 48-day median market time and 162 homes for sale (25% with a price cut). Active inventory is 50% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.

Quincy housing market statistics

The table summarizes Quincy's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Quincy.

Quincy, IL housing market at a glance — September 2026
MetricLatestDetail
Median listing price$217,000+21.2% YoY
Median price per sq ft$1221,700 sq ft median
Median days on market48-5% YoY
Active listings162+3% YoY
New listings this month62September 2026
Listings with a price cut25%Share of active
Median sale price (closed)$190,000+18.8% YoY · closed sales, July 2026
Sale-to-list ratio97.9%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio50.8%82 pending
Inventory vs 201950%Active listings vs same month in 2019

How have home prices changed in Quincy?

Quincy home prices are up 21.2% year over year and +4.6% month over month as of September 2026, at a $217,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$217K$208K$198K$188K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Quincy IL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$207K$188K$168K$148K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Quincy IL · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Quincy?

Quincy has 162 active listings, 62 new this month, 82 pending as of September 2026. About 25% of active listings have cut their price, and inventory sits at 50% of its 2019 level — a balanced market by pace.

Active listings
162
New this month
62
Pending
82
Price-reduced
39

Is Quincy a good real estate investment?

Quincy scores 77/100 on WealthyBud's composite Investor Score, ranking #35 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
77/100
#35 of 933 covered metros
12-month outlook
+5.9%
▲ Rising · model output, not advice
Momentum
68
Value
90
Rental yield
66
Supply risk
9
Market heat
69

Quincy scores 77/100 on our composite Investor Score (#35 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 50% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 21.2% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Quincy ranks on the trending markets index.

How much is a monthly mortgage payment in Quincy?

A home at Quincy's $217,000 median listing runs about $1,188 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,072/mo
−$116/mo vs today
At today's rate · 7.28%
$1,188/mo
National weekly average
If rates rise 1% · 8.28%
$1,308/mo
+$120/mo vs today

Principal & interest on the $217,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Quincy?

To buy Quincy’s $217,000 median listing with 20% down, a household needs about $62,000 a year in gross income, keeping principal, interest and property tax ($1,455/mo) at 28% of income. The area’s median household income is $63,470, so the median listing is within reach of a typical Quincy household on these terms.

Income needed to buy the median home in Quincy, IL — September 2026
ItemAmountBasis
Median listing price$217,000September 2026
Down payment (20%)$43,400Assumption
Principal & interest (7.28%, 30-yr fixed)$1,188/moRate as of 2026-10-01
Property tax (1.48% effective rate)$268/moCensus ACS
Income needed (28% rule)$62,000Gross household income / yr
Median household income$63,470Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Quincy housing market?

Longer-run demand in Quincy shows up in 37 homes permitted in 2025; net migration of -52 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
37
▼ 45.6% vs 2024
0.5 per 1,000 residents
Net migration (2022–2023)
-52
▼ people, via tax-return records
net income flow −$5.2M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Quincy housing market FAQ

What is the median home price in Quincy?
As of September 2026, the median listing price in Quincy, IL is $217,000, up 21.2% year over year (source: public records and industry data). Figures cover the Quincy, IL-MO metro area.
How much does it cost to buy a home in Quincy?
The median home listed in Quincy asks $217,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,188 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Quincy?
The median property in Quincy spends 48 days on the market, with 162 homes actively listed and 25% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Quincy?
With a median 48 days on market and 25% of active listings carrying a price cut, pending contracts at 51% of active listings, Quincy reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Quincy a good place to invest in real estate?
Quincy scores 77/100 on WealthyBud's Investor Score, ranking #35 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Quincy?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Quincy and the wider Illinois market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Quincy, IL-MO metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Illinois housing markets

Jasper Lindqvist Commercial Real Estate Analyst

Jasper Lindqvist is a commercial real estate analyst who covers office, retail and industrial property trends, cap rates and vacancy using public REIT filings and market reports. He focuses on how commercial demand shifts ripple into residential markets.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.