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Phillips, NE Home Values and Rents

The typical home value in Phillips is $348,748. Median rent is $1,075 a month.

Typical home value
$348,748
Zillow
Median rent
$1,075/mo
ACS 2020-2024
Price change, 1 year
+6.1%
Sep 2026
Homeownership
86.9%
NE: 66.5%

Typical home value in Phillips

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodPhillips
Sep 2026$348,748
Dec 2025$335,603
Dec 2024$318,557
Dec 2023$305,183
Dec 2022$294,869
Dec 2021$274,641
Dec 2020$253,306
Dec 2019$234,412
Dec 2018$218,885
Dec 2017$210,847
Dec 2016$200,072
Dec 2015$188,932
Dec 2014$162,598
Dec 2013$163,122
Dec 2012$159,944

Over five years, Phillips prices changed +29.8%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Hamilton County, NE

NE rents
Unit sizeMonthly rentvs FY2026
Studio$734+10.2%
1 bedroom$800-2.9%
2 bedrooms$1,014+5.5%
3 bedrooms$1,369+2.4%
4 bedrooms$1,562-2.0%

Frequently asked questions

What is the typical home value in Phillips, NE?
The typical home value in Phillips is $348,748 (Zillow Home Value Index, Sep 2026). The Nebraska median is $238,600.
How much is rent in Phillips?
The median rent in Phillips is $1,075 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
Are home prices going up in Phillips?
The typical home value in Phillips changed +6.1% over one year and +29.8% over five years, as of Sep 2026.