Quincy, Massachusetts Housing Market Prices
Quincy Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 207% above the Massachusetts median$1,518,234
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Median rent 20% above the Massachusetts median$2,118
Housing Market Overview
| Metric | Quincy | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,518,234 | $494,523 | $248,835 |
| Price Trend (Annual %) | 21.7% | 6.6% | 7.5% |
| Median Gross Rent | $2,118 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Quincy is about 207% higher than in Massachusetts. Rent is about 20% higher than the Massachusetts average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Quincy, up about 21.7% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Quincy rose about 69.6% between 2015 and 2024, from $1,249 to $2,118. Over the same span, rent in Massachusetts rose about 59.8%.
Affordability
On average, housing unit costs 15.4 yearly household incomes in Quincy.
Buying the median-priced home in Quincy costs roughly 59.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Quincy. The price-to-rent ratio in Massachusetts is about 23.4.
| Metric | Quincy | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,518,234 | $494,523 | $248,835 |
| Median Household Income | $98,855 | $104,336 | $80,455 |
| Price-to-Income Ratio | 15.4 | 4.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Quincy rose about 317.1%, while median household income rose about 56.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Quincy | Massachusetts Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 42.6% | 57.5% | 58.5% |
| Rental Rate | 51.6% | 34.4% | 31.2% |
| Vacancy Rate | 5.8% | 8.1% | 10.2% |
| Median Tenure (years) | 12.0 | 16.0 | 15.0 |
| Median Year Moved In | 2014 | 2010 | 2011 |
Quincy has a homeownership rate of 42.6%, lower than the Massachusetts average of 57.5%. Its housing vacancy rate is 5.8%, compared with 8.1% in Massachusetts.
Housing Stock
| Metric | Quincy | Massachusetts Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.22 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1961 | 1963 | 1978 |
| Median Number of Rooms | 4.4 | 5.5 | 5.5 |
The typical housing unit in Quincy was built around 1961. On average, 2.2 people live in a home with about 4.4 rooms, staying for about 12.0 years on average.
Quincy, MA Housing Compared With Nearby Cities
Quincy, MA is the 2nd largest of the 4 cities compared here, 102,031 residents against a local median of 58,503. Where Quincy, MA breaks from the cities next to it is median home price, sitting 148% above the local median of $612,500 at $1,518,234.
Homeownership tells the same story from another angle: 45.3% against a local median of 67.4%, 33% below it. The one measure here that carries a verdict is homeownership, and at 33% below the local median it puts Quincy, MA at the weaker end of the local range. The cities themselves sit within $206,101 of each other on median home price, a tighter band than the gap between any of them and Quincy, MA, which makes it a genuine outlier here rather than one end of a wide local spread. Quincy, MA has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Quincy, MA | 102,031 | $1,518,234 #1/4 | $2,118 #2/4 | 45.3% #3/4 |
| Braintree Town, MA | 38,939 | $612,500 | $2,024 | 77.4% |
| Boston, MA | 660,627 | $746,315 | $2,147 | 35.6% |
| Weymouth Town, MA | 58,503 | $540,213 | $1,940 | 67.4% |
Frequently Asked Questions
Common questions about the housing market in Quincy, Massachusetts.
What is the median home price in Quincy, Massachusetts?
The median home price in Quincy, Massachusetts is $1,518,234, higher than the Massachusetts average of $494,523.
What is the average home price in Quincy, Massachusetts?
The typical home price in Quincy, Massachusetts, reported as the median sale price, is $1,518,234. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Quincy, Massachusetts?
The median gross rent in Quincy, Massachusetts is $2,118 per month, higher than the Massachusetts average of $1,761.
What was the median gross rent in Quincy in 2020?
In 2020, the median gross rent in Quincy, Massachusetts was $1,659 per month.
What is the price-to-rent ratio in Quincy, Massachusetts?
The price-to-rent ratio in Quincy, Massachusetts is about 59.7, meaning it would take roughly 59.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Quincy.
Are home prices or rent rising faster in Quincy, Massachusetts?
Both home prices and rent are rising in Quincy, up about 21.7% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Quincy, Massachusetts?
42.6% of households in Quincy, Massachusetts own their home, lower than the Massachusetts average of 57.5%.
What is the vacancy rate in Quincy, Massachusetts?
The housing vacancy rate in Quincy, Massachusetts is 5.8%, lower than the Massachusetts average of 8.1%.
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