The housing market in 62305 Quincy, IL is slightly below the national average when it comes to median house values. The median value for a home in 62305 is $214,900, which is significantly lower than the national median of $338,100. However, this area still saw a healthy 7.86% appreciation in housing values over the past year compared to the US average one year appreciation of 8.27%. These figures indicate that investing in real estate in 62305 Quincy, IL can still yield a strong financial return on investment despite being lower than many other areas nationwide.
The median home cost in Quincy (zip 62305) is $214,900. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Quincy (zip 62305) is up 14.9%.
Average Age of Homes
- The median age of Quincy (zip 62305) real estate is 38 years old
The Rental Market in Quincy (zip 62305)
- Renters make up 16.1% of the Quincy (zip 62305) population
- 1.9% of houses and apartments in Quincy (zip 62305), 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.