What are current home values in Phelps, WI?

The median home value in Phelps, WI is $346,549 as of July 2026. This represents a 0.7% increase compared to last month and a 10.7% increase year-over-year.

How have home values changed in Phelps, WI?

Home values in Phelps, WI have increased by 0.7% month-over-month and 10.7% year-over-year.

How do home values in Phelps, WI compare to Vilas County, Wisconsin, and the national average?

The median home value in Phelps, WI ($346,549) compares to: Vilas County ($414,922), Wisconsin ($343,798), and the U.S. national median ($371,774).

Phelps, WI Housing Market

$346,549

10.7% 1-yr

The average Phelps, WI home value is $346,549, up 10.7% over the past year. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Phelps Key Takeaways

Typical Home Values: $346,549

1-Year Value Change: +10.7%

(Data through July 31, 2026)

Phelps Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 19 (July 31, 2026)

New Listings: 7 (July 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: --

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Phelps

NameMedian ZHVI
Lake Gogebic--
Three Lakes--
Zeba--
Painesdale--
Hurontown--
Riverview$300,981
Forest Park$272,316
Athletic Park$215,994
East Towne$161,976

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Phelps Rental Market Trends

Average Rent: --

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.