Housing Prices in Phillips, MN
How much do homes in Phillips, MN cost?
Median List Price
$225,000
$152/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Phillips has increased by 6.6% since last year.
Summary: The median home list price in Phillips was $225,000 in April 2024, up 6.6% from the previous year, and the median price per square foot was $152.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.9K | $146K | -14.1% |
| 2 Bedrooms | $200K | $215K | +7.5% |
| 3 Bedrooms | $212K | $230K | +8.5% |
| 4 Bedrooms | $294.5K | $270.5K | -8.1% |
| 5+ Bedrooms | $325K | $325K | 0.0% |
Summary: Phillips housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Ventura Village | $92.4K | $135K | +46.0% |
| Midtown Phillips | $230K | $266.2K | +15.7% |
| East Phillips | $217K | $249.9K | +15.2% |
| Phillips West | $189.4K | $217.4K | +14.8% |
| Phillips | $211K | $225K | +6.6% |
Housing Supply in Phillips, MN
How many homes are available in Phillips, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 33 | +22.2% |
Summary: The Phillips real estate market had 33 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The Phillips housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.
Days on Market for Phillips, MN
How long does it take to sell a home in Phillips, MN?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 120 Days | 56 Days | -52.8% |
Summary: Homes in Phillips had an average listing age of 56 days in Apr 2024, down by 52.8% compared to the previous year.
