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Phillipsburg, NJHousing Market

Phillipsburg is moving fast, and is a seller's market. Just 3.4 months of supply and 24 days on the market mean less competition for buyers and more leverage for you.

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Written By Aditya APopular Writer
R
Reviewed By Ronnie GReal Estate Broker
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
March 2026
Last updated
Live MLS Data 22 active homes tracked
Data Sources:
Monmouth Ocean Regional MLS-NJ
Phillipsburg, NJ Real Estate Market Snapshot
MEDIAN HOME PRICE
$296,000↑ 0.04%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Seller's Market
DAYS ON MARKET
24
↓ 6.00% YoY
INVENTORY
41
↓ 0.02% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Sell in Phillipsburg? Here's What We Think.

Yes, now is a good time to sell in Phillipsburg. Homes are spending just 24 days on the market on average, while supply remains tight at 3.4 months. The median sale price of $296,000, with home sales seeing no change from last year, sellers can take advantage of an active market with strong buyer demand.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$296,000
↑ 0.04%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Phillipsburg. The median sale price is currently $296,000, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Phillipsburg
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Updated MonthlyLast Updated: March 2026

Phillipsburg Housing Market Forecast for 2026

Phillipsburg's housing market is expected to favour sellers in 2026, with steady price growth, tight inventory, and homes selling quickly.

Market Outlook:

  • Home prices expected to rise by 2-4%, supported by strong demand
  • Months of supply forecast to stay tight at around 4-6, giving sellers the upper hand on price
  • Fast-moving homes and low supply keep pricing leverage with sellers

Will the Phillipsburg Housing Market Crash in 2026?

Expert consensus points to no. Phillipsburg benefits from strong buyer demand and limited housing supply, conditions that support prices rather than undermine them. Sellers should expect continued interest and quick sales through 2026, with little pressure to discount.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    24 days

  • Months of Supply:

    3.4 months

  • Sale-to-List Ratio:

    98.68%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Phillipsburg Right Now?

Inventory remains tight in Phillipsburg, keeping competition high among buyers. With 41 active listings and just 3.4 months of supply, sellers have less competition and more pricing leverage. There were 22 new listings last month, while the inventory had a marginal change year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
41
↓ 0.02%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Phillipsburg. There are currently 41 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Phillipsburg
location pin
Updated MonthlyLast Updated: March 2026

Are Buyers or Sellers Controlling the Phillipsburg Market?

Sellers currently have the upper hand in the Phillipsburg housing market. Homes are selling for 98.68% of their asking price, and price reductions saw a 7.67% change year-over-year. Limited discounting and strong sale prices give sellers more leverage when negotiating.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
25%
↓ 20.45%YoY
What this chart showsSold Above List
The line tracks the share of homes in Phillipsburg selling above their asking price over time. Currently, 25% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Phillipsburg
location pin
Updated MonthlyLast Updated: March 2026

Find Your Perfect Phillipsburg Home Now

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Frequently Asked Questions

How have Phillipsburg house prices changed over the past year?

What are Phillipsburg real estate market predictions for 2026?

What's the average home price in Phillipsburg?

What is a good time to buy a home in Phillipsburg?

When will the Phillipsburg housing market crash?

How to buy a home in Phillipsburg?

How can I list my home for sale in Phillipsburg, NJ?

What is the average mortgage rate for buyers in Phillipsburg?

What is a good time to sell a house in Phillipsburg?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across New Jersey.

Monmouth Ocean Regional MLS-NJ
Monmouth Ocean Regional MLS-NJ
All Jersey MLS-NJ
All Jersey MLS-NJ
Bright MLS-NJ
Bright MLS-NJ
Garden State MLS-NJ
Garden State MLS-NJ
Hudson County MLS-NJ
Hudson County MLS-NJ
New Jersey MLS-NJ
New Jersey MLS-NJ

Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. © 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
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Based on information from Bright MLS through Oct 16, 2026, 2:46 PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information

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Based on information from the Garden State Multiple Listing Service L.L.C. (alternatively, from the 'GSMLS') through Oct 16, 2026, 2:45 PM.This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. This representation is based in whole or in part on data supplied by the Garden State Multiple Listing Service, L.L.C. GSMLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by GSMLS may not reflect all real estate activity in the market The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
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These properties were listed and sold by various Participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc through Oct 16, 2026, 2:46 PM. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Your Town Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information deemed reliable but not guaranteed accurate by the MLS. Last date updated: Oct 16, 2026, 2:46 PM.

Source: New Jersey Multiple Listing Service, Inc.

© 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.
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Based on information from the Greater Lehigh Valley Realtors, Inc. (GLVR) from the Multiple Listing Service through Oct 16, 2026, 2:46 PM. MLS Listing Information has not been verified and is not guaranteed by MLS. Information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed to be accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. The data relating to real estate for sale on this website comes in part from the IDX program of the GLVR MLS. Real estate listings held by brokerage firms other than Sell Your Home Services.com include the name of the listing broker. © 2026 Greater Lehigh Valley REALTORS® Multiple Listing Service - All Rights Reserved.