The typical home value in
Phillipsburg
is projected to be
$282,000
for the month of
February.
January’s
finalized data reported the typical value of a home in the
city
to be
$290,000—down
3.33%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$392,500
in
Warren County
for the most recent reporting period.
That number is expected to float around
$385,880
in
February.
Phillipsburg
had
20
new listings and
11
listings that went under contract in
January,
increasing
the area’s total available inventory to
37—up
8.82%
from the previous month. Inventory is projected to have further
increased
in
February.
Of those
37
active listings,
13.51%
reduced their price in the month of
January.
The median listing price for homes in
Phillipsburg
grew
59.19%
from
December
to
January,
bringing the current median listing price to
$294,500.
Based on projected data for
February,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
rose
year-over-year. In
January 2026,
the median time for a listed property to go pending was
23
days, compared to
9
days in
January 2025.
In recent months the median number of days from listed to pending appears to be increasing.
That trend is predicted to have carried through to this
February.
