The median home value in Quincy is $393,600. Quincy home values have gone up 4.9% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in Quincy is $319, which is higher than the Boston Metro average of $244. The median price of homes currently listed in Quincy is $415,000. The median rent price in Quincy is $1,750, which is lower than the Boston Metro median of $2,500.
Foreclosures will be a factor impacting home values in the next several years. In
Quincy
1.6
homes are foreclosed (per 10,000).
This is
greater than
the national value of
0.9
Mortgage delinquency is the first step in the
foreclosure process. This is when a homeowner fails to make a mortgage
payment. The percent of delinquent mortgages in
Quincy
is
0.0%, which is
lower than
the national value of
0.0%.
With U.S. home values having fallen by more than 20%
nationally from their peak in 2007 until their trough in late 2011, many
homeowners are now underwater on their mortgages, meaning they owe more
than their home is worth. The percent of
Quincy
homeowners underwater on their mortgage is
0.1%, which is
higher than
Boston Metro
at
0.1.( the above information is from Zillow.com)
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