Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,225 people, 2,189 houses or apartments, and a median cost of homes of $370,351, Quincy real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Quincy, accounting for 66.44% of the city's housing units. Other types of housing that are prevalent in Quincy include mobile homes or trailers ( 17.45%), large apartment complexes or high rise apartments ( 9.95%), and a few row houses and other attached homes ( 4.42%).
The most prevalent building size and type in Quincy are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.78% owning and 39.22% renting.
There is a lot of housing in Quincy built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Quincy built between 1940-1969 ( 31.28%). A lesser amount of the housing stock also hails from between 2000 and later ( 29.81%). There's also some housing in Quincy built before 1939 ( 6.07%).
In the last 10 years, Quincy has experienced some of the highest home appreciation rates of any community in the nation. Quincy real estate appreciated 115.68% over the last ten years, which is an average annual home appreciation rate of 7.99%, putting Quincy in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Quincy definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Quincy appreciation rates have trailed the rest of the nation. In the last twelve months, Quincy's appreciation rate has been 3.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Quincy were at 0.16%, which equates to an annual appreciation rate of 0.63%.
Notably, Quincy's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Washington, our data show that Quincy's latest annual appreciation rate is higher than 60% of the other cities and towns in Washington.
$370,351
for Washington
for nation
2,189
$1,607 / per month