Quincy, MA—02171
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Quincy, MA
As of Oct '25, the median home price in Quincy, MA is $698,000, with a year-over-year change of -0.8%. This indicates that home prices in Quincy, MA are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $698,000 | -0.8% |
| Single Family | $757,000 | -0.8% |
| Condos | $517,000 | -1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $359,000 | -0.8% |
2 Bed | $616,000 | -1.0% |
3 Bed | $755,000 | -0.9% |
4 Bed | $873,000 | -0.7% |
| 5 Bed | $962,000 | 0.1% |
% of Housing Stock
Rental Trends — Quincy, MA
As of July '25, Rentcast reports the average rent in Quincy, MA is $2,760, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Quincy, MA is studios: $2,150, 1-bedrooms: $2,400, 2-bedrooms: $3,050, 3-bedrooms: $3,150, 4-bedrooms: $3,890. The most common rental property sizes in Quincy, MA are 1-bedroom and 2-bedroom, accounting for 41.4% and 37.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,760 |
| Studio Rent | $2,150 | $2,150 |
| 1 Bed Rent | $2,230 | $2,400 |
| 2 Bed Rent | $2,850 | $3,050 |
| 3 Bed Rent | $2,800 | $3,150 |
| 4 Bed Rent | $3,900 | $3,890 |
% of Rental Stock
Property Listings — Quincy, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Quincy, MA is 40. This is a increase of 120.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $845,000 | -2.0% |
Listing Count | 38 | 13.0% |
| Listings as % of Homes | 0.1% | 13.0% |
Days on Market | 40 | 120.0% |
Demographics — Quincy, MA
As of the latest ACS Survey released in 2023, Quincy, MA has a population of 20,500, which has increased by 12.9% over the past 5 years. Quincy, MA is a less popular place for families, as children make up 13.2% of the population. The area has a highly educated workforce, with 51.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,500 | 12.9% |
% Under 18 | 13.2% | 3.1% |
% Seniors | 18.7% | 8.1% |
% WFH | 12.3% | 668.8% |
% w/ College Degree | 51.7% | 3.8% |
As of the latest ACS Survey released in 2023, Quincy, MA is a predominantly white area, with 53.6% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Quincy, MA is asian, making up 36.6% of the population. Foreign-born residents account for 35.5% of the population in Quincy, MA, and this percentage has decreased by 5.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.6% | -0.9% |
% Black | 3.4% | -8.1% |
% Hispanic | 4.0% | 60.0% |
% Asian | 36.6% | -3.9% |
% Foreign Born | 35.5% | -5.1% |
Mortgage and Risk — Quincy, MA
According to HUD data as of 2023, there were 224 mortgage originations in Quincy, MA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Quincy, MA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 224 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Quincy, MA
As of 2024, the percent of homes in Quincy, MA under the Section 8 program is 9.6%. 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. 1-bedroom and 2-bedroom and 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 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 400 |
Total Units Section 8 | 399 |
% Rentals under Section 8 | 9.6% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $2,230 | $2,460 |
| 2 Bedroom | $60 | $2,850 | $2,910 |
| 3 Bedroom | $710 | $2,800 | $3,510 |
| 4 Bedroom | -$40 | $3,900 | $3,860 |
Affordability — Quincy, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $698,000 |
| Median Household Income | $105,000 |