Quincy First-Time Homebuyer Report for October

Quincy is a smallish city in Massachusetts with a median income of $61,386 per household. Besides being somewhat affluent, its population is much older than others with a median age of 39 years. Detached homes account for 68% of the area's current housing market. The best schools in the city are Beechwood Knoll Elementary School and Atlantic Middle School.

Culture

If you are interested in some outdoor fun, Foursquare says that Wollaston Beach and Granite Links Golf Club at Quarry Hills are the most popular places in Quincy. You might also try AMC Braintree 10 and USS Salem (CA 139) Floating Museum, a few popular destinations for entertainment. And finally, Fat Cat, Fuji1546 Restaurant & Bar, and Tony's Clam Shop are frequently visited spots to eat.

Price Range

Home values in Quincy are generally in line with others in the state with a median home value of $286,900 and an average list price of $472,072. A three-week rough patch for the overall sales trend continues in the Quincy market. Also, the actual number of sales dropped 9.5% over the last 30 days, coming in at 76.

Make sure you take a look at these eye-catching homes in Quincy that generated the most views from potential buyers:

$1.4M   $359K   $499K  

Typical Dwelling

The typical dwelling in Quincy is a three-bedroom detached home worth about $444,034. To purchase a similar home, a buyer with good credit and a $88,807 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,049 monthly payment. The property tax rate is $11.91 per $1,000 of taxable assessed value.

Get started right now by checking out Quincy homes for sale or reviewing Quincy real estate trends.


Data reported through 10/13/2016

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