Home Values

Quincy Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$354,700

  • 4.8% 1-year change
  • 0.4% 1-year forecast

The median home value in Quincy is $354,700. Quincy home values have gone up 4.8% over the past year and Zillow predicts they will rise 0.4% within the next year. The median list price per square foot in Quincy is $281, which is higher than the Boston Metro average of $225. The median price of homes currently listed in Quincy is $359,900 while the median price of homes that sold is $352,700. The median rent price in Quincy is $1,695, which is lower than the Boston Metro median of $2,195.

Foreclosures will be a factor impacting home values in the next several years. In Quincy 0.7 homes are foreclosed (per 10,000). This is lower than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Quincy is 5.5%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Quincy homeowners underwater on their mortgage is 10.0%, which is lower than Boston Metro at 10.6%.

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Relative ZHVI
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Quincy Market Overview

Data through Oct 31, 2014
  • $354,700 ZHVI
  • 0.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $359,900 Median listing price
  • $352,700 Median sale price (Sep 30, 2014)
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Quincy Market Health

Data through Oct 31, 2014
  • 4.2/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 10.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.7 homes(Sep 30, 2014) Quincy
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Milton $515,900
Boston $439,100
Canton $426,100
Name Median ZHVI
Braintree $375,500
Winthrop $367,500
Weymouth $313,200
Name Median ZHVI
Avon $280,000
Holbrook $257,000
Randolph $251,700

Listings & Sales

Data through Oct 31, 2014
  • $281 Median list price / sq ft
  • $280 Median sale price / sq ft (Sep 30, 2014)
  • 39.7% Listings with price cut
22.3%
Sold below listing
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Quincy Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,207 Quincy
    $2,135 Boston Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,695 Rent list price
  • $1.80 Rent list price / sq ft
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