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PHILLIPS, NE 68865

Real Estate Market Report  ·  Hamilton County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 75% vs 4 last year
Pending
0
0% pending ratio
Median Price
$327,500
⇧ 0.3% vs $326,500 last year
Average Price
$327,500
⇩ 3.4% vs $338,975 last year
Days on Market
14
⇩ 84.8% vs 92 days last year

Market Context

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

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

Market Analysis

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

The PHILLIPS, NE real estate market (68865) currently shows 1 active listings. Homes are averaging 14 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 14 days on market compared to 92 days last year.

The median listing price has risen 0.3% year-over-year, from $326,500 to $327,500.

Whether you are buying or selling in PHILLIPS, NE, 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: 1 this year vs 4 last year
  • Days on market: 14 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $327,500 (+0.3% YoY)
  • Average: $327,500 (-3.4% 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 27.8 miles — 73 listings ($17,001,950 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
68865Phillips, NE 688650.0 mi1$327,500$327,500$327,500
68841Giltner, NE 688419.1 mi4$1,325,000$340,000$331,250
68854Marquette, NE 6885412.5 mi10$2,012,200$201,750$201,220
68832Doniphan, NE 6883212.7 mi3$678,900$235,000$226,300
68872Saint Libory, NE 6887215.7 mi0$0$279,900$279,900
68944Harvard, NE 6894418.3 mi2$515,000$257,500$257,500
68826Central City, NE 6882620.6 mi20$4,496,000$234,000$224,800
68319Bradshaw, NE 6831922.6 mi1$350,000$350,000$350,000
68371Henderson, NE 6837122.7 mi7$1,496,460$205,000$213,780
68824Cairo, NE 6882423.6 mi2$824,900$412,450$412,450
68654Polk, NE 6865424.5 mi5$542,500$75,000$108,500
68979Sutton, NE 6897926.9 mi14$3,286,822$214,500$234,773
68955Juniata, NE 6895527.8 mi4$1,146,668$265,000$286,667

Frequently Asked Questions

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

As of January 2026, there are 1 active listings in PHILLIPS, NE (zip code 68865), compared to 4 the prior year.

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

The median listing price in PHILLIPS, NE 68865 is $327,500 as of January 2026, a 0.3% increase from $326,500 the prior year.

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

Homes in PHILLIPS, NE 68865 spend an average of 14 days on the market before going under contract, compared to 92 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 January 2026, PHILLIPS, NE 68865 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 14 days on market compared to 92 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 $6,550 compared to a typical 5% commission on the median listing price of $327,500. 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.