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Cherry Lane Estates Grandview Acres Hillside Manor Melrose Northbrook Northridge South Crest South Park Terrace Southern View Woodlawn Court

QUINCY, IL 62301

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 62301

Cherry Lane Estates · Grandview Acres · Hillside Manor · Melrose · Northbrook · Northridge · South Crest · South Park Terrace · Southern View · Woodlawn Court

Market Analysis

Data as of March 2026. Source: Realtor.com.

The QUINCY, IL real estate market (62301) currently shows 103 active listings, with 47 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are selling faster, averaging 34 days on market compared to 56 days last year.

The median listing price has risen 16.2% year-over-year, from $126,000 to $146,450.

Whether you are buying or selling in QUINCY, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 30,944  ·  Density: 1,069.6/mi²  ·  Median household income: $50,712

Typical home value: $121,212  ·  Homeownership: 60.7%

Market Overview

Active Listings
103
⇧ 28.7% vs 80 last year
Pending
47
46% pending ratio
Median Price
$146,450
⇧ 16.2% vs $126,000 last year
Average Price
$190,464
⇧ 10.9% vs $171,700 last year
Days on Market
34
⇩ 39.3% vs 56 days last year

Price Per Square Foot

Median $/sqft
$103
⇧ 19.8% vs $86/sqft last year
Median Home Size
1,541 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 103 this year vs 80 last year
  • Days on market: 34 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $146,450 (+16.2% YoY)
  • Average: $190,464 (+10.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.0 miles — 198 listings ($48,775,130 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62301Quincy, IL 623010.0 mi93$18,866,724$157,450$202,868
63471Taylor, MO 634716.3 mi2$629,800$314,900$314,900
62360Payson, IL 6236010.3 mi4$989,600$247,400$247,400
62359Paloma, IL 6235911.8 mi1$243,900$243,900$243,900
62351Mendon, IL 6235114.1 mi4$633,000$174,500$158,250
63438Durham, MO 6343816.1 mi1$357,900$357,900$357,900
63401Hannibal, MO 6340117.1 mi73$19,348,650$180,250$265,050
62349Loraine, IL 6234919.2 mi1$289,900$289,900$289,900
63463Philadelphia, MO 6346320.6 mi1$82,000$82,000$82,000
63435Canton, MO 6343521.4 mi8$4,326,520$433,750$540,815
62324Clayton, IL 6232422.8 mi2$299,800$149,900$149,900
63452Lewistown, MO 6345223.8 mi4$1,240,668$254,000$310,167
63459New London, MO 6345924.0 mi4$1,466,668$430,000$366,667

Frequently Asked Questions

How many homes are for sale in QUINCY, IL 62301?

As of March 2026, there are 103 active listings in QUINCY, IL (zip code 62301), compared to 80 the prior year.

What is the median home price in QUINCY, IL 62301?

The median listing price in QUINCY, IL 62301 is $146,450 as of March 2026, a 16.2% increase from $126,000 the prior year.

How long do homes stay on the market in QUINCY, IL?

Homes in QUINCY, IL 62301 spend an average of 34 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in QUINCY, IL 62301?

Based on current inventory and days-on-market data as of March 2026, QUINCY, IL 62301 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 56 days last year.

How much can I save on real estate commission in QUINCY, IL?

With SELL123.com's maximum 3% commission, sellers in QUINCY, IL 62301 save an estimated $2,929 compared to a typical 5% commission on the median listing price of $146,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.