$1,722 Closing Credit*
$145,000
1,500 SqFt
3 Beds
•1 Full Bath, 1 Partial
Misty Dowling, Listing Office: Gem City Real Estate Group LLC
Is Quincy Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Quincy Township has remained a Seller's Market.
Key Takeaway
Quincy Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Quincy Township, IL
How much do homes in Quincy Township, IL cost?
Median Sold Price
$162,366
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,116(+5.9%)
Key Takeaway
Homes in Quincy Township have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Quincy Township was $162,366 in October 2024, up 5.9% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $53.5K | $82.5K | +54.2% |
| 2 Bedrooms | $120.9K | $125K | +3.3% |
| 3 Bedrooms | $155K | $169.6K | +9.4% |
| 4 Bedrooms | $205.7K | $252.5K | +22.7% |
| 5+ Bedrooms | $379K | $330K | -12.9% |
Summary: Quincy Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.2%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes decreased by 12.9%.
Median Sold Price Compared To Nearby Cities
| Riverside Township | $361.2K | $404K | +11.8% |
| Ellington Township | $178.9K | $198.5K | +11.0% |
| Quincy Township | $153.2K | $162.3K | +5.9% |
| Quincy | $153.2K | $162.3K | +5.9% |
| Melrose Township | $295K | $259.9K | -11.9% |
Housing Supply in Quincy Township, IL
How many homes are available in Quincy Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 148 | 166 | +12.2% |
Summary: The Quincy Township real estate market had 166 homes for sale in October 2024, a 12.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 31 | 41 | +32.3% |
| 3 Bedrooms | 71 | 71 | 0.0% |
| 4 Bedrooms | 26 | 35 | +34.6% |
| 5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The Quincy Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 32.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 42 | +2.4% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quincy Township, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Quincy Township in October 2024, up by 2.4% month-over-month. Of the 42 sold homes, 55% were sold under asking, 14% were sold at asking, and 31% were sold over asking.
Days on Market for Quincy Township, IL
How long does it take to sell a home in Quincy Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 26 Days | -32.8% |
Summary: Homes in Quincy Township had an average of 26 days on market in Oct 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Quincy Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in Quincy Township; 74% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.