Quincy, MA
⚖️ Balanced Market📊 Fundamental Scores
🎯 The Bottom Line
The Quincy housing market offers stability with median prices at $687,500, but the 24.1x price-to-rent ratio strongly favors renting over buying. For investors, the 2.9 months of supply indicates a competitive seller's market, making cash flow difficult to achieve immediately.
📈 Price History
📊 Market Activity
📈 Market Analysis
Market Cycle
The Quincy housing market is currently in a stabilization phase. With a 0.0% YoY Price Change, prices have plateaued after years of growth, indicating a balanced environment between buyers and sellers. The Market Temperature score of 50 reflects this equilibrium, suggesting neither extreme overheating nor recessionary decline.
Supply & Demand
Supply remains tight, with 2.9 Months of Supply keeping the market firmly in seller's territory (anything under 3 months). However, demand is moderating; 47.7% of homes sell within two weeks, yet 18.0% of listings require price drops. The inventory of 89 Active Listings against 57 New Listings monthly creates a competitive but not frantic environment.
Pricing Power
Sellers retain slight leverage, evidenced by a 98.6% Sale-to-List Ratio. Buyers are paying near asking price but are gaining negotiation power compared to previous years. With 31 Homes Sold monthly, transaction volume is steady, supporting the median home price of $687,500. This stability makes Quincy real estate a low-volatility asset class compared to more speculative markets.
Quincy, MA Housing Market Forecast 2026–2028
🔮 Quincy Price Forecast 2026–2028
Quincy, MA Housing Market Forecast 2026–2028
Our Quincy housing market forecast for 2026-2028 suggests a period of stabilization rather than significant appreciation, as the market digests recent gains and affordability constraints. The current median home price of $687,500 sits at a price-to-rent ratio of 24.1x, well above the national average of 18x, signaling that renting remains the financially prudent choice for now. With a market temperature of 50/100 and a risk grade of C, the area is navigating a delicate balance. While the 5-year price change of 24.1% and a CAGR of 4.3% show solid historical growth, the recent YoY price change of 0.0% indicates a plateau. This stagnation, combined with a 35-day average on market, suggests that sellers can no longer command premium pricing as easily as in previous years.
Prospective buyers asking "will Quincy home prices drop" should consider local economic drivers. Quincy's proximity to Boston and its robust infrastructure, including the T and growing waterfront development, provide a structural floor for values. However, rising property taxes and the high cost of living may temper demand from first-time buyers, keeping the "Buy/Rent Verdict" firmly in the rent camp for the near term. The 5-year price range of $529,667 – $657,568 indicates that while prices have appreciated, they remain sensitive to broader economic shifts. For those analyzing the Quincy real estate Quincy 2027 landscape, expect a market defined by modest fluctuations. We anticipate prices will likely track inflation closely, with potential for slight softening if interest rates remain elevated, making this a holding pattern rather than a high-growth opportunity.
Disclaimer: This forecast is a statistical projection based on historical price trends and should not be considered financial advice. Actual market outcomes may vary due to economic conditions, interest rates, local regulations, and other factors.
🏠 Rent vs Buy Analysis
Monthly Cost Breakdown
The financial gap between renting and buying in Quincy is significant. The median rent stands at $2,377/month. In contrast, purchasing the median-priced home at $687,500 (assuming 20% down and a 7% mortgage rate) results in a monthly principal and interest payment alone exceeding $3,600, not including taxes and insurance. This creates a substantial monthly savings for renters.
5-Year Comparison
Over five years, the buy vs rent Quincy analysis leans heavily toward renting. The Price-to-Rent Ratio is 24.1x, well above the national average of 18x. A ratio this high suggests that the cost of buying is equivalent to over 24 years of rent, making the opportunity cost of capital high for potential buyers.
When Renting Wins
- Monthly cash flow preservation is the priority.
- Flexibility to move within the Quincy neighborhoods is required.
- Avoiding maintenance costs and property taxes.
When Buying Wins
- Long-term equity accumulation despite high entry costs.
- Locking in housing costs against future inflation.
- Building net worth through forced appreciation.
🧮 Can You Afford Quincy? Interactive Calculator
Income Reality Check
Can you actually afford Quincy?
At $80k/year, buying a median home in Quincy will consume over half your income. This is considered severely "house poor". You may need a higher downpayment or a drastic increase in income.
💰 Investment Thesis
Cash Flow Analysis
Investors looking to invest in Quincy face immediate cash flow challenges. With a median rent of $2,377 and a median home price of $687,500, the gross rental yield is approximately 4.1%. After accounting for taxes, insurance, and maintenance, the net yield drops significantly. The Investor Yield score of 50 indicates average returns, heavily dependent on financing terms.
House Hacking
House hacking remains the most viable strategy. By purchasing a multi-family property or a home with an accessory dwelling unit (ADU), investors can offset the high Quincy home prices. Utilizing an FHA loan with a lower down payment can improve cash-on-cash returns, though the 24.1x P/R ratio suggests that even with house hacking, positive cash flow is tight without significant rental income from multiple units.
Target Investor
The ideal investor for this market is a long-term holder focused on appreciation rather than immediate cash flow. The Risk Grade of C suggests moderate volatility, suitable for investors with a 5-10 year horizon. Those seeking high cap rates or immediate positive CoC returns should look elsewhere, as Quincy offers stability over high yield.
🏘️ House Hacking Calculator Interactive Calculator
House Hacking CalculatorOwner-Occupied Multi-Fam
🗺️ Neighborhood Breakdown
Entry-Level
Neighborhoods like Wollaston and parts of North Quincy represent the entry-level segment of the Quincy housing market. These areas offer slightly lower price points, attracting first-time buyers and young professionals commuting to Boston. Inventory here moves fast, with many listings going off-market in 2 weeks.
Mid-Range
Adams and Hancock districts fall into the mid-range category. These Quincy neighborhoods feature classic New England architecture and stable property values. The median days on market of 35 days is typical here, balancing buyer demand with available inventory.
Premium
Quincy Point and Houghs Neck command premium prices. These waterfront areas offer higher appreciation potential and attract buyers looking for luxury amenities. While the Sale-to-List Ratio is 98.6% city-wide, premium segments often see more negotiation variance depending on ocean views and property condition.