Phillipsburg, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 348 transactions over the past year in Phillipsburg. The median value for residential home transactions that occurred over the previous year is $346,161.63. The number of current listings in Phillipsburg is 351, and the percentage of properties for sale in the city is 70.48%. Phillipsburg, NJ currently has 147 properties in foreclosure, 7 bank owned properties, 6 properties headed for auction, and 351 properties for sale.
Phillipsburg, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 08865 | $ 314,930 $ 234/sqft |
Housing Market Summary for Phillipsburg, NJ
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $245K | $334.9K | 36.71% |
| Median Sold Price | $306.1K | $334.9K | 9.40% |
| Homes For Sale | 26 | 327 | 1157.69% |
| Homes Sold | 210 | 133 | -36.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Phillipsburg, NJ
Browse Homes in Phillipsburg, NJ
Phillipsburg home values range from $68,015 to $1,168,023. The median estimated value of a home in Phillipsburg is $346,161.63. The median list price of a home is 315,000, and the total count of properties in the city is 9,738.
- Pre-ForeclosurePre-foreclosure homes account for 1.38% of all residential properties in Phillipsburg, NJ with 08865 containing 136 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Phillipsburg, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $987,581 in 08865 to the lowest home value of $143,398 in 08865.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Phillipsburg, NJ ranges from the highest value of $367,263 in 08865 to the lowest value of $131,659 in 08865. Bank owned homes and properties account for 0.07% of properties in Phillipsburg, NJ. There is 1 zips within Phillipsburg, NJ; 08865 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08865 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Phillipsburg, NJ. Auction homes and other auction properties account for 0.06% of all properties in Phillipsburg, NJ. There is 1 zips within Phillipsburg, NJ; of that zips, the median estimated home value for homes going to auction ranges from $399,687 in 08865 to the lowest value of $243,872 in 08865.