The housing market in the Quincy, IL Metro Area is strong and growing. The median housing value of $146,100 is lower than the US median of $338,100 but has seen stronger appreciation at 8.72%, compared to the US average of 8.27%. This indicates a robust and vibrant real estate market in the area with strong growth potential for buyers and investors. The abundance of affordable homes combined with solid appreciation makes this an attractive option for individuals looking for a great place to call home.
The median home cost in Quincy Metro Area is $146,100. Home appreciation the last 10 years has been 49.1%. Home Appreciation in Quincy Metro Area is up 15.2%.
Average Age of Homes
- The median age of Quincy Metro Area real estate is 52 years old
The Rental Market in Quincy Metro Area
- Renters make up 25.6% of the Quincy Metro Area population
- 2.2% of houses and apartments in Quincy Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.