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PHILLIPS, NE 68865

Real Estate Market Report  ·  Hamilton County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The PHILLIPS, NE real estate market (68865) currently shows 6 active listings, with 1 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 57 days on market compared to 75 days last year.

The median listing price has risen 6.2% year-over-year, from $310,000 to $329,250.

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Market Context

Market Context

Population: 923  ·  Density: 5.9/mi²  ·  Median household income: $97,188

Typical home value: $231,467  ·  Homeownership: 83.7%

Market Overview

Active Listings
6
⇧ 100% vs 3 last year
Pending
1
17% pending ratio
Median Price
$329,250
⇧ 6.2% vs $310,000 last year
Average Price
$338,259
⇧ 27.9% vs $264,500 last year
Days on Market
57
⇩ 24% vs 75 days last year

Price Per Square Foot

Median $/sqft
$211
⇧ 78.8% vs $118/sqft last year
Median Home Size
1,805 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
— vs 1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 3 last year
  • Days on market: 57 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $329,250 (+6.2% YoY)
  • Average: $338,259 (+27.9% 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 28.6 miles — 75 listings ($18,875,175 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68865Phillips, NE 688650.0 mi2$555,000$277,500$277,500
68841Giltner, NE 688419.1 mi3$951,876$335,000$317,292
68854Marquette, NE 6885412.5 mi10$2,012,200$201,750$201,220
68832Doniphan, NE 6883212.7 mi3$711,000$237,000$237,000
68872Saint Libory, NE 6887215.7 mi1$549,000$549,000$549,000
68944Harvard, NE 6894418.3 mi2$600,000$300,000$300,000
68826Central City, NE 6882620.6 mi18$4,195,368$253,250$233,076
68371Henderson, NE 6837122.7 mi8$1,691,864$205,000$211,483
68824Cairo, NE 6882423.6 mi2$824,900$412,450$412,450
68654Polk, NE 6865424.5 mi3$408,000$136,000$136,000
68979Sutton, NE 6897926.9 mi12$2,957,916$204,500$246,493
68955Juniata, NE 6895527.8 mi7$2,280,719$307,500$325,817
68628Clarks, NE 6862828.6 mi4$1,137,332$289,000$284,333

Frequently Asked Questions

How many homes are for sale in PHILLIPS, NE 68865?

As of September 2026, there are 6 active listings in PHILLIPS, NE (zip code 68865), compared to 3 the prior year.

What is the median home price in PHILLIPS, NE 68865?

The median listing price in PHILLIPS, NE 68865 is $329,250 as of September 2026, a 6.2% increase from $310,000 the prior year.

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

Homes in PHILLIPS, NE 68865 spend an average of 57 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in PHILLIPS, NE 68865?

Based on current inventory and days-on-market data as of September 2026, PHILLIPS, NE 68865 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 75 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PHILLIPS, NE 68865 save an estimated $6,585 compared to a typical 5% commission on the median listing price of $329,250. 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.