Foreclosure Homes in Quincy, IL

Current Market Conditions in Quincy, IL

The Quincy real estate market is currently showing stable growth, with home values steadily appreciating over the past few years. The current demand for residential properties is strong, with an uptick in both buyer interest and new construction projects, indicating a positive outlook for potential investors.

As of the latest trends, the market has seen a modest increase in home prices, attributed to a limited inventory of available houses. This scarcity is leading to competitive bidding in desirable neighborhoods, particularly among first-time homebuyers and families looking to settle in the area.

Rent Prices In Quincy, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Quincy, IL, is on a rollercoaster ride. The average rent price in Quincy, IL, is $1,111.00. Indeed, when looking to rent in Quincy, IL, you can expect to pay as little as $410.00 or as much as $2,600.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Quincy, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.