Is Quincy, IL 62301 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Quincy is a seller’s market. With about 2.5 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score49/ 100

More competitive than 50% of U.S. ZIP codes, and #370 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.5Under 4 months = seller’s market
Sold above original list24.6%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$111▲ +14.8% vs. last year

The Quincy housing market right now

In the three months ending August 31, 2026, 25% of homes in Quincy, IL 62301 sold above their list price, the typical home went under contract in 43 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 138 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (23% then), homes sold faster (45 days then) and the median sale price rose 7% to $167,428. Overall, Quincy is about as competitive as it was a year ago.

Within Adams County, homes here sell faster than in 70% of the county’s ZIP codes, and sell more often over asking than in 73%. On our competition score, Quincy ranks #370 of 464 IL ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Loraine 62349 (0% sold over asking) or Liberty 62347 (0% sold over asking), while Coatsburg 62325 (33% sold over asking) and Mendon 62351 (33% sold over asking) are even more competitive.

Nearby markets

Camp Point 62320Seller’s market $138 /sq ftClayton 62324Buyer’s market $57 /sq ftCoatsburg 62325 $102 /sq ftFowler 62338Balanced $112 /sq ft Browse all markets →

Where Quincy is

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Questions about Quincy real estate

Is Quincy a buyer’s or seller’s market?

A seller’s market: there were 2.5 months of supply in Quincy, IL 62301 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Quincy?

The typical home went under contract in 43 days in the latest three months.

Do homes in Quincy sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Quincy?

About 1.58% of a home’s value a year in Adams County, or roughly $6,320 on a $400,000 home.

What is the median home price in Quincy?

The median sale price was $167,428 in the three months ending August 31, 2026, about $111 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology