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Foreclosures in Phillips, NE

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Phillips, NE Foreclosures

Current Market Conditions in in Phillips, NE As of March 2026?
In the past month, the real estate market in Phillips has experienced a slight uptick in inquiries, particularly for single-family homes with larger land sizes. The interest in rural properties continues to grow as more individuals seek safer environments and open spaces for outdoor activities. Despite the slower pace typical of small towns, the recent interest has led to a few listings receiving multiple offers, which is a positive sign for homeowners looking to sell.
How much do homes sell for in Phillips, NE?
The average home price is currently $393,748.
In Phillips, NE, how many homes are available?
There are currently 9 active home listings available in Phillips.
What’s the average rental cost in Phillips, NE?
The average rental price in Phillips is $1,145.
What is the most expensive home in Phillips?
The most expensive home sold in Phillips had a price of $2,824,936.
What is currently the cheapest priced home in Phillips, NE?
The cheapest home for sale in Phillips is priced at $17,763.

Living in Phillips, NE

Phillips, NE is a charming small town known for its tight-knit community and serene rural atmosphere. The village offers residents a tranquil lifestyle with easy access to nature and local events. Ideal for families or individuals seeking peace and quiet, Phillips embodies the essence of midwestern small-town living.

Buyer vs Seller Market in Phillips, NE

The real estate market in Phillips remains stable, showing moderate demand in recent months. With the overall trends indicating continuous interest in rural properties, potential buyers are actively seeking homes that offer larger lots and countryside living.

Properties in Phillips tend to have a slower turnover compared to urban markets, leading to a steady appreciation in property values. The area has drawn interest for its affordability and space, attracting those looking to escape the hustle and bustle of city life.

Home Value Estimator For Phillips, NE

There are currently 497 real estate properties in Phillips, NE, with a median automated valuation model (AVM) price of $318,017.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Phillips, NE, 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 Phillips, NE, is $393,748.00, with the most expensive house in Phillips, NE, topping out at $2,824,936.00 and the cheapest home in Phillips, NE, clocking in at $17,763.00. In other words, there’s something for every potential homebuyer or savvy investor in Phillips, NE!

Rent Prices In Phillips, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Phillips, NE, is on a rollercoaster ride. The average rent price in Phillips, NE, is $1,145.00. Indeed, when looking to rent in Phillips, NE, you can expect to pay as little as $500.00 or as much as $2,220.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Phillips, NE -- 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.

Phillips, NE Foreclosures


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