Real Estate Investing in Quincy, Florida (32332)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Gadsden County • Population: 1,213 • Data updated: September 2026

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Should you buy in 32332 (Quincy, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
STRONG
5.0 / 5 (100/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 18.0% of homes vacant — above national norms.
  • Lower household income: $27,256 median — tenant affordability is tighter.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Quincy, FL (32332)?

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5.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $96,242
Avg Monthly Rent $1,071
1% Rule ✓ Meets
Median Income $27,256
% Renters 59.8%

Market Analysis: 32332 Quincy

The 32332 ZIP in Quincy is not a pristine, turnkey story — it is a value-add map. Stock is older, prices near $96K are approachable, and upside sits in the rehab line.

Flippers and value-add operators have treated 32332 as a working ZIP for a reason. Entry prices around $96K and a deep rental base of 60% renters underpin the exit strategy on both the sale and rent sides.

Comparing Quincy submarkets, ZIP 32332 offers an entry cost that most surrounding neighborhoods have moved past. The healthy delta is the opportunity.

A renter-heavy, wage-earner demographic anchors 32332. Value-add players rely on that mix — the 60% share is both the tenant source and the buyer pool for future owner-occupied exits.

Value-add plays pencil in 32332 when three things line up: a sub-median purchase, a realistic rehab budget, and a post-rehab rent comp that stands up. All three are present in this ZIP.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Quincy:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
14/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Rising (+9.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,071/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Tallahassee, FL Metro Area
More inventory, negotiating room for buyers
68 days
Average time to sell
Slow
8.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Tallahassee, FL metro data

Market Trends

Home Value History (with trend line)

$118K$105K$91K$77K$64K$50KFeb 2018May 2022Jul 2026

📊 How Does 32332 Compare?

Metric 32332 Quincy Tallahassee, FL Florida
Home Value $96,242 $160,789 N/A $374,697
5-Year CAGR 2.7% 5.4% N/A 7.4%
Avg Rent $1,071 $1,089 N/A -
Cap Rate 8.7% 5.9% - -
💡 Why Invest in 32332? Click to expand

This ZIP code meets the 1% rule with rent at $1,071/mo on homes averaging $96,242 — a strong indicator of cash flow potential.

Our analysis gives this area a 5/5 investability rating, placing it in the top tier for rental property potential.

60% of households rent in this area, creating consistent tenant demand for landlords.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 32332 (Quincy, FL). Anonymous, moderated, never written by AI.

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Investability
Excellent
Cap Rate
8.7%
Excellent
5yr Growth
+2.7%
Slow

📉 Market Crash Risk Index

Based on Tallahassee, FL metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
55%
Days Pending
2/2
68 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $96,242
Monthly Rent $1,071
Price-to-Rent 7.5:1
1% Rule ✓ Passes

💰 Return Metrics

Gross Yield 13.4%
Cap Rate 8.7%
5-Year IRR 11.4%

📈 Home Appreciation

1-Year +9.6% ▲
3-Year CAGR -3.3% ▼
5-Year CAGR +2.7% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Positive Leverage Market Cap Rate: 8.7%  |  30yr Rate: 6.8%
Leverage may enhance returns here.

The estimated cap rate (8.7%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
18.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 32332

Population: 1,213

💰 Median Household Income
$27,256
This area
$27,256
State
$70,737
USA
$74,580
🏠 Renter Occupied
59.8%
This area
59.8%
State
29.9%
USA
34.0%
💼 Unemployment Rate
0.6%
This area
0.6%
State
-18.0%
USA
3.7%
🎓 College Educated
15.4%
This area
15.4%
State
4.7%
USA
33.7%
👤 Median Age
51.6 years
This area
51.6 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
18.0%
This area
18.0%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
Black/African American 89.8%
Other/Mixed 9.4%
Hispanic/Latino 8.7%
White 0.8%
👶 Under 18
15.5%
This area
15.5%
USA
22.0%
👴 65 and Over
24.9%
This area
24.9%
USA
17.3%
📊 Poverty Rate
9.7%
This area
9.7%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Nearby Colleges & Universities

1 Nearby 114 Off-Campus Students
C+
Gadsden Technical College
114 students · 5.7 mi

Frequently Asked Questions

How much do tenants pay in Quincy, FL?

Quincy, FL rentals go for roughly $1,071/mo a month. That puts gross yield in solid territory relative to $96K acquisition costs.

Can you find 1% rule deals in Quincy, FL?

Hitting the 1% rule in Quincy, FL is realistic given the 1.11% average rent-to-price. Most value-add properties push well above that line.

What is the median home value in Quincy, FL?

Homes in Quincy, FL typically sell near $96K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

Can owner-occupants cash flow in Quincy, FL?

House hacking works an attractive in Quincy, FL. Rents of $1,071/mo against $96K acquisition make the strategy solid for owner-occupants.

What type of investing works in Quincy, FL?

The best-fit strategy in Quincy, FL is value-add and BRRRR deals. That approach the rent and price profile of the market.

You know 32332 now. You don’t know where it ranks.

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How 32332 ranks in Tallahassee, FL

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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