Housing Prices in Phillips, MN

How much do homes in Phillips, MN cost?

Median List Price

$225,000

$155/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$100(0.0%)

Key Takeaway

The list price of homes in Phillips has remained the same since last year.

Summary: The median home list price in Phillips was $225,000 in October 2024, the same as the previous year, and the median price per square foot was $155.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $177.4K$154.9K
-12.7%
2 $199K$207K
+4.0%
3 $224.9K$225K
0.0%
4 $268K$265K
-1.1%
5+ $325K$360K
+10.8%

Summary: Phillips housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.7%, 2 bedroom homes increased by 4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 10.8%.

Median List Price Compared To Nearby Neighborhoods

Ventura Village
+18.2%
East Phillips
+16.7%
Phillips West
+6.3%
Phillips
0.0%
Midtown Phillips
-12.9%

Housing Supply in Phillips, MN

How many homes are available in Phillips, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3440+17.6%

Summary: The Phillips real estate market had 40 homes for sale in October 2024, a 17.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 88
0.0%
2 89
+12.5%
3 1012
+20.0%
4 710
+42.9%
5+ 11
0.0%

Summary: The Phillips housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Days on Market for Phillips, MN

How long does it take to sell a home in Phillips, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
121 Days82 Days-32.4%

Summary: Homes in Phillips had an average listing age of 82 days in Oct 2024, down by 32.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Phillips, MN

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