Is Phillipsburg, MO 65722 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Phillipsburg is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$128▼ −6.8% vs. last year

The Phillipsburg housing market right now

In the three months ending August 31, 2026, 0% of homes in Phillipsburg, MO 65722 sold above their list price and the typical home went under contract in 25 days. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (56 days then) and the median sale price rose 104% to $292,373. Overall, Phillipsburg is more competitive than a year ago, so tougher for buyers.

Nearby, Conway 65632 (33% sold over asking) and Lebanon 65536 (24% sold over asking) are even more competitive.

Nearby markets

Conway 65632Buyer’s market $160 /sq ftEldridge 65463 — /sq ftFalcon 65470 — /sq ftLebanon 65536Seller’s market $148 /sq ft Browse all markets →

Where Phillipsburg is

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Questions about Phillipsburg real estate

How fast do homes sell in Phillipsburg?

The typical home went under contract in 25 days in the latest three months.

Do homes in Phillipsburg sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.

What are property taxes in Phillipsburg?

About 0.60% of a home’s value a year in Laclede County, or roughly $2,400 on a $400,000 home.

What is the median home price in Phillipsburg?

The median sale price was $292,373 in the three months ending August 31, 2026, about $128 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology