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PHILLIPS, WI 54555

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

Market Overview

Active Listings
32
⇩ 5.9% vs 34 last year
Pending
10
31% pending ratio
Median Price
$312,450
⇧ 7.1% vs $291,725 last year
Average Price
$375,704
⇩ 24.4% vs $496,952 last year
Days on Market
170
⇧ 102.4% vs 84 days last year

Market Context

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

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

Market Analysis

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

The PHILLIPS, WI real estate market (54555) currently shows 32 active listings, with 10 pending sales. Homes are averaging 170 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 170 days on market compared to 84 days last year.

The median listing price has risen 7.1% year-over-year, from $291,725 to $312,450.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 34 last year
  • Days on market: 170 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $312,450 (+7.1% YoY)
  • Average: $375,704 (-24.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 36.6 miles — 141 listings ($65,271,594 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54555Phillips, WI 545550.0 mi32$12,022,528$312,450$375,704
54556Prentice, WI 5455612.9 mi4$1,374,700$357,900$343,675
54552Park Falls, WI 5455215.4 mi27$5,413,095$137,400$200,485
54537Kennan, WI 5453717.4 mi3$599,700$199,900$199,900
54459Ogema, WI 5445920.9 mi2$1,319,900$659,950$659,950
54514Butternut, WI 5451422.8 mi5$1,451,700$249,000$290,340
54490Westboro, WI 5449026.6 mi1$139,900$139,900$139,900
54538Lac Du Flambeau, WI 5453827.8 mi11$7,064,860$483,000$642,260
54526Glen Flora, WI 5452628.0 mi2$5,000,000$2,500,000$2,500,000
54527Glidden, WI 5452731.5 mi13$4,663,802$225,000$358,754
54529Harshaw, WI 5452934.1 mi9$11,087,613$349,900$1,231,957
54547Mercer, WI 5454734.8 mi10$4,268,370$392,500$426,837
54451Medford, WI 5445136.6 mi22$10,865,426$442,450$493,883

Frequently Asked Questions

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

As of January 2026, there are 32 active listings in PHILLIPS, WI (zip code 54555), compared to 34 the prior year.

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

The median listing price in PHILLIPS, WI 54555 is $312,450 as of January 2026, a 7.1% increase from $291,725 the prior year.

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

Homes in PHILLIPS, WI 54555 spend an average of 170 days on the market before going under contract, compared to 84 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 January 2026, PHILLIPS, WI 54555 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 170 days on market compared to 84 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 $6,249 compared to a typical 5% commission on the median listing price of $312,450. 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.