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PHILLIPS, WI 54555

Real Estate Market Report  ·  Price County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The PHILLIPS, WI real estate market (54555) currently shows 37 active listings, with 9 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 46 days on market compared to 97 days last year.

The median listing price has fallen 5.9% year-over-year, from $324,950 to $305,925.

Whether you are buying or selling in PHILLIPS, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,756  ·  Density: 5.0/mi²  ·  Median household income: $56,139

Typical home value: $166,726  ·  Homeownership: 76.9%

Market Overview

Active Listings
37
⇧ 12.1% vs 33 last year
Pending
9
24% pending ratio
Median Price
$305,925
⇩ 5.9% vs $324,950 last year
Average Price
$296,940
⇩ 49.2% vs $584,086 last year
Days on Market
46
⇩ 52.6% vs 97 days last year

Price Per Square Foot

Median $/sqft
$210
⇧ 6.1% vs $198/sqft last year
Median Home Size
1,447 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 33 last year
  • Days on market: 46 now vs 97 last year

Median & Average Pricing

Year over Year
  • Median: $305,925 (-5.9% YoY)
  • Average: $296,940 (-49.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 36.7 miles — 207 listings ($95,654,448 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54555Phillips, WI 545550.0 mi28$10,202,864$312,000$364,388
54556Prentice, WI 5455612.9 mi5$1,679,750$342,450$335,950
54552Park Falls, WI 5455215.4 mi30$7,527,690$191,000$250,923
54564Tripoli, WI 5456420.4 mi2$350,000$175,000$175,000
54530Hawkins, WI 5453021.4 mi3$269,700$89,900$89,900
54896Winter, WI 5489625.6 mi14$5,633,222$302,975$402,373
54548Minocqua, WI 5454827.7 mi37$28,978,363$610,725$783,199
54531Hazelhurst, WI 5453127.8 mi3$1,348,500$449,500$449,500
54470Rib Lake, WI 5447031.4 mi5$840,270$164,225$168,054
54487Tomahawk, WI 5448733.2 mi51$22,021,290$339,675$431,790
54563Tony, WI 5456334.4 mi1$399,900$399,900$399,900
54766Sheldon, WI 5476636.0 mi1$237,000$237,000$237,000
54568Woodruff, WI 5456836.7 mi27$16,165,899$693,000$598,737

Frequently Asked Questions

How many homes are for sale in PHILLIPS, WI 54555?

As of April 2026, there are 37 active listings in PHILLIPS, WI (zip code 54555), compared to 33 the prior year.

What is the median home price in PHILLIPS, WI 54555?

The median listing price in PHILLIPS, WI 54555 is $305,925 as of April 2026, a 5.9% decrease from $324,950 the prior year.

How long do homes stay on the market in PHILLIPS, WI?

Homes in PHILLIPS, WI 54555 spend an average of 46 days on the market before going under contract, compared to 97 days the prior year.

Is it a seller's or buyer's market in PHILLIPS, WI 54555?

Based on current inventory and days-on-market data as of April 2026, PHILLIPS, WI 54555 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 46 days on market compared to 97 days last year.

How much can I save on real estate commission in PHILLIPS, WI?

With SELL123.com's maximum 3% commission, sellers in PHILLIPS, WI 54555 save an estimated $6,119 compared to a typical 5% commission on the median listing price of $305,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.