Is Phillipsburg, NJ 08865 a buyer’s or seller’s market?

The Phillipsburg housing market right now

In the three months ending August 31, 2026, 55% of homes in Phillipsburg, NJ 08865 sold above their list price, the typical home went under contract in 26 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 94 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 61%, homes sold more slowly (24 days then) and the median sale price rose 19% to $374,838. Overall, Phillipsburg is less competitive than a year ago, which gives buyers more room.

Within Warren County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, Phillipsburg ranks #231 of 444 NJ ZIP codes with enough sales (score 77 out of 100).

Nearby, buyers who want less competition could look at Oxford 07863 (37% sold over asking) or Belvidere 07823 (37% sold over asking), while Vienna 07880 (100% sold over asking) and Columbia 07832 (69% sold over asking) are even more competitive.