Quincy, MA02169

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$622,000
0.6% YoY Growth
Median Household Income
$92,100
31.1% 5-Year Growth
Days on Market
30
25.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$2,680
1.1% YoY Growth
1-Bed Rent
$2,510
0.8% YoY Growth
2-Bed Rent
$2,950
2.3% YoY Growth
3-Bed Rent
$3,300
3.7% YoY Growth

Other Zip Codes in Quincy, MA

Property Listings — Quincy, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Quincy, MA is 30. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$599,000-5.0%
Listing Count
7824.0%
Listings as % of Homes0.1%24.0%
Days on Market
3025.0%
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Demographics — Quincy, MA

As of the latest ACS Survey released in 2023, Quincy, MA has a population of 60,900, which has increased by 7.7% over the past 5 years. Quincy, MA is a moderately popular place for families, as children make up 15.5% of the population. The area has a highly educated workforce, with 48.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
60,9007.7%
% Under 18
15.5%-4.3%
% Seniors
17.8%11.9%
% WFH
19.7%885.0%
% w/ College Degree
48.5%10.0%
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As of the latest ACS Survey released in 2023, Quincy, MA is a predominantly white area, with 54.6% of the population identifying as white. The white population has shrunk by 12.4% in the last 5 years. The second most common race or ethnicity in Quincy, MA is asian, making up 24.0% of the population. Foreign-born residents account for 31.1% of the population in Quincy, MA, and this percentage has increased by 3.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
54.6%-12.4%
% Black
8.5%37.1%
% Hispanic
7.2%84.6%
% Asian
24.0%-6.2%
% Foreign Born
31.1%3.0%
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Mortgage and Risk — Quincy, MA

According to HUD data as of 2023, there were 561 mortgage originations in Quincy, MA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Quincy, MA. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
561
% Conventional Loans
94.0%
% Government Loans
6.0%
% Investor Loans
4.0%
% Second Loans
1.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Quincy, MA

As of 2024, the percent of homes in Quincy, MA under the Section 8 program is 13.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Quincy, MA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
3,052
Total Units Section 8
2,756
% Rentals under Section 8
13.8%
% Occupied Section 8
95.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$150$2,510$2,360
2 Bedroom-$150$2,950$2,800
3 Bedroom$70$3,300$3,370
4 Bedroom-$40$3,750$3,710

Affordability — Quincy, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.1
Median Home Price$622,000
Median Household Income$92,100

Quincy, MA — ZIP Code Boundary Map

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Frequently Asked Questions