Is Phillips County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Phillips County has remained a Buyer's Market.
Housing Prices in Phillips County, CO
How much do homes in Phillips County, CO cost?
Median Sold Price
$224,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Phillips County was $224,000 in April 2024, up 11.7% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $135K | N/A |
2 Bedrooms | $157.5K | $159K | +1.0% |
3 Bedrooms | $186.5K | $227.5K | +22.0% |
4 Bedrooms | $220K | $257.5K | +17.0% |
5+ Bedrooms | $300K | $337.5K | +12.5% |
Summary: Phillips County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 12.5%.
Housing Supply in Phillips County, CO
How many homes are available in Phillips County, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 16 | -11.1% |
Summary: The Phillips County real estate market had 16 homes for sale in April 2024, a 11.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 1 | -75.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Phillips County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Phillips County in April 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Phillips County, CO
How long does it take to sell a home in Phillips County, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
139 Days | 161 Days | +15.8% |
Summary: Homes in Phillips County had an average of 161 days on market in Apr 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Phillips County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.