Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Quincy is about $207,000 as of Oct 2026, up 18.5% from a year ago. The typical listing is 11% larger than a year ago, and asking price per square foot is up 3.5%. So the size of homes on the market explains much of the rise. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Only if you move fast. Sellers have more pull in Quincy than usual. Compared with 2017–2019 at this time of year, there are 49% fewer homes for sale, and listings spend 14% fewer days on the market. Good homes go under contract quickly. If you want one, be ready to move in days.
Asking price per square foot in Quincy is up 3.5% over the last year. Over five years the pace has been 5.6% a year. Underwrite closer to that than to the last twelve months.
The population in Quincy's ZIP codes fell 3.2% over five years. 7.4% of homes are vacant, higher than 56% of tracked cities. Households still grew 1.3% while the housing stock shrank 1.5%. Fewer people living in more households means rental demand has held up better than the population suggests. Check vacancy by ZIP before you buy.
Ranked among the 23 Illinois markets we track:
The median asking price is 15.9% below its Feb 2025 peak. Per square foot the gap is smaller: 7.5% below the Mar 2026 high. Part of the drop is smaller homes coming to market. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house. Quincy prices have risen in 80 of the last 112 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
If you plan to sell in the next two years, move it up. This much buyer demand does not last. Right now it does your negotiating for you.
Pending-sale counts for Quincy were thinly reported until recently, so this page reads demand from how long listings stay on the market, how many sellers cut, and how much is for sale. About 1 in 3 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.
Quincy listings spend a median 56 days on the market. There are 136 homes for sale in Quincy. That is 2.1 times the tightest month on record, but below the peak of 296. Supply is growing against last year.
HUD sets one fair market rent for Adams County. For fiscal year 2026:
The figures include tenant-paid utilities and apply to all of Adams County, so one home's rent can sit well above or below them. See fair market rent by city.
Read when a cheap market is a warning and how we read these numbers, then run the numbers on a deal.
The median asking price in Quincy is about $207,000 as of Oct 2026, up 18.5% from a year ago. The typical listing is 11% larger than a year ago, and asking price per square foot is up 3.5%. So the size of homes on the market explains much of the rise. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Quincy figures cover the 3 ZIP codes with a Quincy mailing address, which can reach past city limits.
Sellers have more pull in Quincy than usual. We compare Quincy with 2017–2019 at this time of year: there are 49% fewer homes for sale; 32% of sellers have cut their price, against 22% then; listings spend 14% fewer days on the market.
The median asking price is 15.9% below its Feb 2025 peak. Per square foot the gap is smaller: 7.5% below the Mar 2026 high. Part of the drop is smaller homes coming to market. Prices are rising again. Every month you wait costs money. The question is no longer when. It is which house.
At 30% of income, a tenant on the median income can pay about $1,590 a month. The median Quincy household earns $63,586 a year.
Across 9 full years, Quincy asking prices ran lowest in January, about 10.1% below the year's average. They peaked in July. The most homes for sale show up in October, about 7% above the yearly average.
Assume +3.8% a year. Quincy has grown about 5.6% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices rose 3.5% over the last year. Use it for timing. The five-year rate is the better guide.
HUD's fiscal year 2026 fair market rent for Adams County is $1,064 a month for 2 bedrooms and $1,327 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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