Phelps, WI Foreclosures
Current Market Conditions in in Phelps, WI As of April 2026?
In the past month, Phelps has experienced a slight increase in home prices, attributed to the seasonal uptick in buyer interest as outdoor activities ramp up. Inventory remains relatively low, leading to more competitive bidding situations for desirable properties, particularly those with lake access.
How much do homes sell for in Phelps, WI?
The average home price is currently $391,743.
In Phelps, WI, how many homes are available?
There are currently 22 active home listings available in Phelps.
What’s the average rental cost in Phelps, WI?
The average rental price in Phelps is $1,532.
What is the most expensive home in Phelps?
The most expensive home sold in Phelps had a price of $10,485,424.
What is currently the cheapest priced home in Phelps, WI?
The cheapest home for sale in Phelps is priced at $18,000.
Living in Phelps, WI
Phelps, WI, is a quaint town in Vilas County perfect for outdoor enthusiasts. Known for its stunning natural beauty, it offers countless recreational activities including fishing, hiking, and skiing. With a strong community spirit and proximity to beautiful lakes and forests, Phelps is a hidden gem for those seeking a peaceful retreat.
Buyer vs Seller Market in Phelps, WI
The real estate market in Phelps, WI, is characterized by a steady demand for both vacation homes and year-round residences. The appeal of the area for retirees and second-home buyers contributes to a growing interest in properties, particularly those near the water.
Currently, listings tend to sell quickly, often close to or above asking price, indicating a competitive market. Sellers are benefiting from increasing home values, which have risen significantly over the past year as buyers seek properties in tranquil, natural settings.
Home Value Estimator For Phelps, WI
There are currently 1,469 real estate properties
in Phelps, WI,
with a median automated valuation model (AVM) price
of $310,187.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Phelps, WI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Phelps, WI,
is $391,743.00, with the most expensive house
in Phelps, WI, topping out
at $10,485,424.00 and the cheapest home
in Phelps, WI,
clocking in at $18,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Phelps, WI!
Rent Prices
In Phelps, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Phelps, WI, is on
a rollercoaster ride. The
average rent price in Phelps, WI,
is $1,532.00. Indeed, when looking to rent in
Phelps, WI, you can expect to pay as little
as $870.00 or as much
as $2,920.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Phelps, WI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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