Quincy, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Quincy Neighborhoods Since 2000




Quincy, WA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Quincy Housing Market Information

With a population of 7,365, 2,016 total housing units (homes and apartments), and a median house value of $157,643, Quincy real estate values are some of the lowest in Washington, although compared to real estate around the nation, Quincy homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Quincy, accounting for 57.01% of the city's housing units. Other types of housing that are prevalent in Quincy include mobile homes or trailers ( 26.08%), large apartment complexes or high rise apartments ( 7.11%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.20%).

The most prevalent building size and type in Quincy are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.52% owning and 41.48% renting.

There is a lot of housing in Quincy built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Quincy built between 1940-1969 ( 33.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.68%). There's also some housing in Quincy built before 1939 ( 1.39%).

Quincy Home Appreciation Rates

Appreciation rates for homes in Quincy have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.15%, which ranks in the top 30% nationwide. This equates to an annual average Quincy house appreciation rate of 1.15%.

Appreciation rates are so strong in Quincy that despite a nationwide downturn in the housing market, Quincy real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Quincy appreciation rates continue to be some of the highest in America, at 8.24%, which is higher than appreciation rates in 87.85% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Quincy. Quincy appreciation rates in the latest quarter were at 1.50%, which equates to an annual appreciation rate of 6.14%.

Relative to Washington, our data show that Quincy's latest annual appreciation rate is lower than 60% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$157,643

Quincy, WA HOME PRICES

Value Range
> $1,206,000 0.0
$904,001 - $1,206,000 0.0
$603,001 - $904,000 0.1
$482,001 - $603,000 0.5
$362,001 - $482,000 4.0
$241,001 - $362,000 12.9
$121,001 - $241,000 55.5
$60,001 - $121,000 16.5
$0 - $60,000 10.4

Very Low for WA
Average for Nation

Value Relative to Nation Value Relative to State
46.7010430094926 88.2978723404255

Number Of Homes And Apartments:
2,016

Quincy Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
62.60% 2.86% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$954 / per month

Homeownership Rate

Homeownership
Owners 58.52
Renters 41.48
Vacant 3.17

Housing Market Details

 

Age of Homes

AGE OF Quincy HOMES
2000 or Newer 17.7
1970 - 1999 47.2
1940 - 1969 33.7
1939 or Older 1.4

Types of Homes

TYPE OF Quincy HOMES
Single-Family 57.0
Townhomes 3.6
Small Apt. Buildings 6.2
Apt. Complexes 7.1
Mobile Homes 26.1
Other 0.0

Home Size

SIZE OF Quincy HOMES
No Bedroom 1.49
1 Bedroom 7.25
2 Bedrooms 25.36
3 Bedrooms 42.03
4 Bedrooms 21.81
5 or more bedrooms 2.07

Popular Neighborhoods in Quincy

Zip Codes in Quincy, WA