$1,305 Closing Credit*
$109,900
#22405241, CALA NEU, Listing Office: NORTHWOODS REALTY
Is Phillips, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Phillips was a Buyer's Market.
Key Takeaway
Phillips is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Phillips, WI
How much do homes in Phillips, WI cost?
Median Sold Price
$255,000
$137/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$50,000(-16.4%)
Key Takeaway
Homes in Phillips have sold for 16.4% less than they did a month ago.
Summary: The median home sold price in Phillips was $255,000 in October 2024, down 16.4% from last month, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $80K | N/A |
| 2 Bedrooms | $375K | $357.4K | -4.7% |
| 3 Bedrooms | $235K | - | N/A |
| 4 Bedrooms | - | $270K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Phillips housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Worcester | $305K | $331K | +8.5% |
| Phillips | $305K | $255K | -16.4% |
| Elk | $550K | $379.9K | -30.9% |
Housing Supply in Phillips, WI
How many homes are available in Phillips, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 35 | 0.0% |
Summary: The Phillips real estate market had 35 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 2 | 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 remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Phillips, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Phillips in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Phillips, WI
We’re sorry, we don't have information for this market at the moment
