Phillips, OK Foreclosures
How much do homes sell for in Phillips, OK?
The average home price is currently $93,646.
What’s the average rental cost in Phillips, OK?
The average rental price in Phillips is $799.
What is the most expensive home in Phillips?
The most expensive home sold in Phillips had a price of $208,798.
What is currently the cheapest priced home in Phillips, OK?
The cheapest home for sale in Phillips is priced at $32,300.
Living in Phillips, OK
Phillips is a small, charming community located in Alfalfa County, Oklahoma. Known for its friendly atmosphere and close-knit environment, it offers a peaceful rural lifestyle. Residents enjoy a variety of outdoor recreational activities in the surrounding natural beauty, making it an ideal spot for those seeking tranquility away from city life.
Current Market Conditions in Phillips, OK
The real estate market in Phillips has remained stable over the past year despite broader economic fluctuations. Home prices have followed a steady trend, with slight increases in average values as demand for rural properties continues to grow. Residents seeking affordable living spaces are finding Phillips to be an attractive option, leading to a gradual rise in new listings, while homes are selling at a consistent pace.
Current market dynamics indicate increasing interest in rural properties, with homebuyers drawn to Phillips for its affordability and community feel. Investors are also considering the potential for growth, leading to a slow but noticeable increase in newly constructed homes, which is a positive sign for the local real estate market.
Home Value Estimator For Phillips, OK
There are currently 23 real estate properties
in Phillips, OK,
with a median automated valuation model (AVM) price
of $72,308.00. 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, OK, 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, OK,
is $93,646.00, with the most expensive house
in Phillips, OK, topping out
at $208,798.00 and the cheapest home
in Phillips, OK,
clocking in at $32,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Phillips, OK!
Rent Prices
In Phillips, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Phillips, OK, is on
a rollercoaster ride. The
average rent price in Phillips, OK,
is $799.00. Indeed, when looking to rent in
Phillips, OK, you can expect to pay as little
as $530.00 or as much
as $1,160.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Phillips, OK
-- 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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