Quincy, WA—98848
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Quincy, WA
As of Oct '25, the median home price in Quincy, WA is $418,000, with a year-over-year change of 0.9%. This indicates that home prices in Quincy, WA are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $418,000 | 0.9% |
| Single Family | $424,000 | 0.7% |
| Condos | $306,000 | -5.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $312,000 | -1.3% |
2 Bed | $511,000 | -3.0% |
3 Bed | $398,000 | 0.8% |
4 Bed | $445,000 | 1.6% |
| 5 Bed | $513,000 | 1.4% |
% of Housing Stock
Rental Trends — Quincy, WA
As of July '25, Rentcast reports the average rent in Quincy, WA is $1,840, with a year-over-year rent change of -13.6%. Per bedroom, the median rent as of July '25 in Quincy, WA is 1-bedrooms: $838, 2-bedrooms: $1,510, 3-bedrooms: $1,990, 4-bedrooms: $2,450. The most common rental property sizes in Quincy, WA are 3-bedroom and 2-bedroom, accounting for 47.0% and 36.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,840 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $838 |
| 2 Bed Rent | $1,420 | $1,510 |
| 3 Bed Rent | $2,100 | $1,990 |
| 4 Bed Rent | $2,400 | $2,450 |
% of Rental Stock
Property Listings — Quincy, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Quincy, WA is 134. This is a increase of 65.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $480,000 | -3.0% |
Listing Count | 92 | 15.0% |
| Listings as % of Homes | 0.8% | 15.0% |
Days on Market | 134 | 65.0% |
Demographics — Quincy, WA
As of the latest ACS Survey released in 2023, Quincy, WA has a population of 13,000, which has increased by 3.8% over the past 5 years. Quincy, WA is a popular place for families, as children make up 29.9% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,000 | 3.8% |
% Under 18 | 29.9% | -8.0% |
% Seniors | 12.3% | 24.2% |
% WFH | 6.5% | 14.0% |
% w/ College Degree | 17.0% | 22.3% |
As of the latest ACS Survey released in 2023, Quincy, WA is a predominantly hispanic area, with 70.4% of the population identifying as hispanic. The hispanic population has grown by 9.7% in the last 5 years. The second most common race or ethnicity in Quincy, WA is white, making up 25.4% of the population. Foreign-born residents account for 28.7% of the population in Quincy, WA, and this percentage has decreased by 10.3% 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 | 25.4% | -25.5% |
% Black | 0.9% | 800.0% |
% Hispanic | 70.4% | 9.7% |
% Asian | 1.0% | 150.0% |
% Foreign Born | 28.7% | -10.3% |
Mortgage and Risk — Quincy, WA
According to HUD data as of 2023, there were 195 mortgage originations in Quincy, WA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Quincy, WA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 195 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Quincy, WA
As of 2024, the percent of homes in Quincy, WA under the Section 8 program is 1.4%. 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 units appear to be good home sizes to consider for Section 8 housing in Quincy, WA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 60 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | 61.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $800 | $1,040 |
| 2 Bedroom | -$110 | $1,420 | $1,310 |
| 3 Bedroom | -$290 | $2,100 | $1,810 |
| 4 Bedroom | -$300 | $2,400 | $2,100 |
Affordability — Quincy, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $418,000 |
| Median Household Income | $85,100 |