$5,641 Closing Credit*
$475,000
2,851 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sydney Butler Elevate Team, Listing Office: Michigan Top Producers
Is Quincy, MI 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 has remained a Seller's Market.
Key Takeaway
Quincy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Quincy, MI
How much do homes in Quincy, MI cost?
Median Sold Price
$210,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+5.0%)
Key Takeaway
Homes in Quincy have sold for 5% more than they did a year ago.
Summary: The median home sold price in Quincy was $210,000 in October 2024, up 5% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $135K | -10.0% |
| 3 Bedrooms | $194.4K | $182K | -6.4% |
| 4 Bedrooms | $296K | $334.7K | +13.1% |
| 5+ Bedrooms | $205K | $375K | +82.9% |
Summary: Quincy housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 82.9%.
Median Sold Price Compared To Nearby Cities
| Quincy | $200K | $210K | +5.0% |
| Quincy Township | $197.5K | $205K | +3.8% |
Housing Supply in Quincy, MI
How many homes are available in Quincy, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Summary: The Quincy real estate market had 31 homes for sale in October 2024, a 14.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Quincy housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quincy, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Quincy in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Quincy, MI
How long does it take to sell a home in Quincy, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 47 Days | -1.6% |
Summary: Homes in Quincy had an average of 47 days on market in Oct 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Quincy has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Quincy; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.