Is Phillips, WI 54555 a buyer’s or seller’s market?

The Phillips housing market right now

In the three months ending August 31, 2026, 15% of homes in Phillips, WI 54555 sold above their list price, the typical home went under contract in 86 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold more slowly (68 days then) and the median sale price fell 26% to $218,655. Overall, Phillips is about as competitive as it was a year ago.

Within Price County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Phillips ranks #316 of 319 WI ZIP codes with enough sales (score 19 out of 100).

Nearby, buyers who want less competition could look at Prentice 54556 (0% sold over asking) or Kennan 54537 (0% sold over asking), while Fifield 54524 (67% sold over asking) and Catawba 54515 (50% sold over asking) are even more competitive.