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Rent To Own Homes in Phillips, WI

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Living in Phillips, WI

Phillips, WI, is a quaint small town nestled in the heart of Price County, filled with outdoor adventure and a welcoming community. With many lakes and recreational activities available, residents can enjoy a variety of seasons in the great outdoors. It is an ideal location for families seeking a peaceful yet engaging environment.

Current Market Conditions in Phillips, WI

The current real estate market in Phillips has shown signs of steady growth over recent months. With a mix of seasonal vacation homes and permanent residences, the market caters to both investors and families. Increased demand for rural homes has led to a slight increase in home prices, while inventory remains relatively low due to the area's charm and appeal.

Interest rates have seen fluctuations, leading to variable impacts on buyers' purchasing power. However, there's been a rise in interest among young families seeking affordable housing options in Phillips, resulting in a competitive market for single-family homes.

Home Value Estimator For Phillips, WI

There are currently 3,298 real estate properties in Phillips, WI, with a median automated valuation model (AVM) price of $206,184.00. 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, 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 Phillips, WI, is $238,361.00, with the most expensive house in Phillips, WI, topping out at $1,389,000.00 and the cheapest home in Phillips, WI, clocking in at $19,194.00. In other words, there’s something for every potential homebuyer or savvy investor in Phillips, WI!

Rent Prices In Phillips, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Phillips, WI, is on a rollercoaster ride. The average rent price in Phillips, WI, is $1,426.00. Indeed, when looking to rent in Phillips, WI, you can expect to pay as little as $820.00 or as much as $2,120.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Phillips, 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.

Phillips, WI Rent To Own Homes

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