Housing in Phelps, NY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$130,000

Median List Price

$225,000

Price Per Sq Ft

$112

Days on Market

Active Inventory

Months of Supply

2.0

Seller's market

Price Trends

Source: Redfin

Sale Price ↓ 39.8%List Price ↓ 30.7%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

92.9%

Buyer's market

Sold Above Asking

0.0%

Market Activity

Source: Redfin

Homes Sold

New Listings

Homes Sold ↓ 50.0%New Listings ↓ 66.7%Pending ↓ 66.7%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$112

Median List $/SF

$80

Sale $/SF ↓ 36.4%List $/SF ↓ 59.4%Mar 24 → Jan 26

Phelps vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Phelps is highlighted.

Median Home Value

45th%ilemost expensive$162,700show rank

Median Rent

63rd%ilemost expensive rent$1,094show rank

Median Price Per Sq Ft

22nd%ilemost expensive $/sqft$112show rank

Rent Burden

61st%ilehighest rent burden20.1%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$162,700

Median Rent

$1,094

Total Housing Units

957

Vacancy Rate

7.9%

Owner Occupied

75.4%

Renter Occupied

24.6%

Median Property Tax

$3,939

per year

Monthly Cost (w/ Mortgage)

$1,133

Housing Types

Single Family

73.3%

Multi-Family

26.8%

Mobile Home

0.0%

The current median sale price in Phelps, NY is $130,000 according to Redfin data. Homes spend a median of 19 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $112. The median rent is $1,094 per month (Census ACS). About 75.4% of housing units are owner-occupied. The median year homes were built is 1938. There are 957 total housing units.