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QUINCY, IL 62305

Real Estate Market Report
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
60
⇧ 39.5% vs 43 last year
Pending
22
37% pending ratio
Median Price
$264,500
⇩ 11.5% vs $298,725 last year
Average Price
$328,840
⇩ 4.5% vs $344,277 last year
Days on Market
87
⇧ 17.6% vs 74 days last year

Market Context

Population: 19,473  ·  Density: 54.0/mi²  ·  Median household income: $84,700

Typical home value: $202,533  ·  Homeownership: 83.2%

Market Analysis

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

The QUINCY, IL real estate market (62305) currently shows 60 active listings, with 22 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 87 days on market compared to 74 days last year.

The median listing price has fallen 11.5% year-over-year, from $298,725 to $264,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 60 this year vs 43 last year
  • Days on market: 87 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $264,500 (-11.5% YoY)
  • Average: $328,840 (-4.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.1 miles — 166 listings ($48,839,511 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62305Quincy, IL 623050.0 mi60$19,730,400$264,500$328,840
62338Fowler, IL 623387.1 mi1$210,000$210,000$210,000
62360Payson, IL 623608.9 mi5$899,500$179,900$179,900
62325Coatsburg, IL 6232512.8 mi1$152,500$152,500$152,500
62376Ursa, IL 6237613.2 mi2$1,650,000$825,000$825,000
62365Plainville, IL 6236513.4 mi1$270,000$270,000$270,000
63461Palmyra, MO 6346114.4 mi16$4,618,528$220,250$288,658
63454Maywood, MO 6345416.1 mi1$195,000$195,000$195,000
63401Hannibal, MO 6340117.6 mi67$16,982,758$166,000$253,474
63438Durham, MO 6343818.3 mi1$357,900$357,900$357,900
62339Golden, IL 6233921.1 mi1$259,000$259,000$259,000
63435Canton, MO 6343522.7 mi9$3,404,025$279,000$378,225
62380West Point, IL 6238023.1 mi1$109,900$109,900$109,900

Frequently Asked Questions

How many homes are for sale in QUINCY, IL 62305?

As of January 2026, there are 60 active listings in QUINCY, IL (zip code 62305), compared to 43 the prior year.

What is the median home price in QUINCY, IL 62305?

The median listing price in QUINCY, IL 62305 is $264,500 as of January 2026, a 11.5% decrease from $298,725 the prior year.

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

Homes in QUINCY, IL 62305 spend an average of 87 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in QUINCY, IL 62305?

Based on current inventory and days-on-market data as of January 2026, QUINCY, IL 62305 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 87 days on market compared to 74 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 62305 save an estimated $5,290 compared to a typical 5% commission on the median listing price of $264,500. 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.