Is Quincy, IL 62305 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 2.3 months of supply and 14% 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 score39/ 100

More competitive than 38% of U.S. ZIP codes, and #422 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 supply2.3Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$144▲ +6.6% vs. last year

The Quincy housing market right now

In the three months ending August 31, 2026, 14% of homes in Quincy, IL 62305 sold above their list price, the typical home went under contract in 49 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 72 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold more slowly (42 days then) and the median sale price fell 6% to $289,875. Overall, Quincy is less competitive than a year ago, which gives buyers more room.

Within Adams County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in 55%. On our competition score, Quincy ranks #422 of 464 IL ZIP codes with enough sales (score 39 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 2.3 months of supply in Quincy, IL 62305 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 49 days in the latest three months.

Do homes in Quincy sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 97.2% 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 $289,875 in the three months ending August 31, 2026, about $144 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