Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$1,039,993
$1,997

Housing Market Overview

Metric Quincy Massachusetts Avg US Average
Median Home Price $1,039,993 $478,681 $242,182
Price Trend (Annual %) 18.2% 7.0% 8.2%
Median Gross Rent $1,997 $1,687 $1,342
Rent Trend (Annual %) 6.3% 5.9% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Quincy
Massachusetts
United States
Year Quincy Massachusetts United States
Median Rent Over Time
Quincy
Massachusetts
United States
Year Quincy Massachusetts United States

Affordability

On average, housing unit costs 10.8 yearly household incomes in Quincy.

Metric Quincy Massachusetts Avg US Average
Median Home Price $1,039,993 $478,681 $242,182
Median Household Income $95,932 $101,501 $78,145
Price-to-Income Ratio 10.8 4.7 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Quincy Massachusetts Avg US Average
Homeownership Rate 42.5% 57.4% 58.2%
Rental Rate 52.0% 34.3% 31.3%
Vacancy Rate 5.5% 8.4% 10.6%
Median Tenure (years) 12.0 16.0 15.0
Median Year Moved In 2014 2010 2011

Housing Stock

Metric Quincy Massachusetts Avg US Average
Average Household Size 2.24 people 2.45 people 2.54 people
Median Structure Built Year 1961 1962 1978
Median Number of Rooms 4.3 5.5 5.5