Market Overview
Home Prices in Phillipsburg, KS
The median home value in Phillipsburg, KS is $111,494 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 7.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Phillipsburg are priced73% below average.
Over the past five years, Phillipsburg home values have risen by approximately30.2%, reflecting strong long-term appreciation in this market.
Price History
Phillipsburg Home Price Trend
2020
$70,759
$71K
—
2021
$85,613
$86K
+21.0%
2022
$93,974
$94K
+9.8%
2023
$95,108
$95K
+1.2%
2024
$101,113
$101K
+6.3%
2025
$108,396
$108K
+7.2%
2026
$111,494
$111K
+2.9%
City Comparison
Phillipsburg vs. National Median
🏠 Phillipsburg
$111,494
National Median
$410,000
At $111,494, homes in Phillipsburg cost 73% below the national median of $410,000. This makes Phillipsburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Phillipsburg?
20% Down Payment
$22,299
on $111,494
Monthly P&I
$581/mo
30-yr @ 6.8%
Total Monthly Est.
~$738/mo
incl. taxes & insurance
Income Needed
$29,520
gross annual (30% rule)
10% Down Option
$11,149
+ PMI applies
Loan Amount (20% dn)
$89,195
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Phillipsburg, KS?
The median home value in Phillipsburg is $111,494 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Phillipsburg?
Over the past year, home values in Phillipsburg have increased by 2.9%. Over five years, prices have risen approximately 30.2%.
How much do I need to earn to buy a home in Phillipsburg?
To comfortably afford the median home price of $111,494 with a 20% down payment ($22,299) at today's rates (6.8%), you'd need a gross annual income of approximately $29,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Phillipsburg compare to the national average home price?
The national median home value is approximately $410,000. At $111,494, homes in Phillipsburg are 73% below the national average.