Current Price

$311,249

1 Month Forecast

â–² $332,037

1-Year Forecast *

â–² $360,156

5-Year Forecast *

â–² $417,940

"Is it a good time to buy homes in Phelps?" "Does investing in real estate in Phelps (Wisconsin State, Vilas County) worth it?" According to our live Forecast System, buying a house in Phelps is a good short-term (1-year) investment*. The Phelps average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Phelps" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Phelps in Wisconsin State, Vilas County. If you are looking for homes for sale with good flipping profit, Phelps can be a profitable property investment option. The median price of an average house in Phelps was 311,249 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Phelps" area is 417,940 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +34.28% meaning that investing 100000 USD today may yield a profit of 34,278 USD by 2031.

Current Median Listing Price: 311,249 USD Median Listing Price Per Square Foot: 173 USD

Phelps Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Phelps (Wisconsin State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Phelps Price Target

Phelps median home price target in 12 months: $360,156* (upside of 15.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $336,497 $330,151 $330,151 $336,497
2024 $294,518 $311,249 $291,145 $312,167
2023 $287,570 $297,530 $287,570 $298,987
2022 $264,904 $287,047 $264,904 $288,625
2021 $231,444 $260,850 $231,444 $260,850
2020 $211,942 $229,554 $211,863 $229,554
2019 $200,221 $211,472 $200,221 $211,472
2018 $186,676 $199,383 $186,358 $199,383
2017 $180,671 $187,414 $180,600 $187,938
2016 $180,717 $180,931 $180,315 $183,486
2015 $174,956 $181,742 $174,956 $184,559
2014 $160,631 $173,601 $160,631 $178,339
2013 $152,791 $160,010 $150,871 $160,010
2012 $154,427 $153,302 $152,909 $157,665

Questions & Answers about the Phelps Housing Market Forecast

How much does an average home cost in Phelps today?

The value of an average home (the listing price) in Phelps is $311,249 USD.

What is the average price per square foot in Phelps?

According to Walletinvestor the median price per square foot in Phelps is 173 USD.

Will the median listing price of homes in Phelps grow / rise / go up?

Yes. The Phelps home prices may rise from 311,249 USD to 360,156 USD in one year.

Is it profitable to invest in Phelps homes?

Yes. The long-term profit potential is +15.71% in one year.

Will Phelps house prices fall / drop?

No. See above.

What is the predicted price of a Phelps home in 2030?

The predicted home sales price of a Phelps home in 2030 in Phelps is 400,606 USD.

What is the predicted price of a Phelps home in 2035?

The predicted home sales price of a Phelps home in 2035 in Phelps is 487,047 USD.

Will real estate prices decrease in Phelps?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Phelps is the 16137. largest city in the United States, located in Wisconsin State.

During the last 12 months the real estate prices in Vilas, Phelps decreased, looking at the past 12 months.

According to Walletinvestor's Phelps real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.992% to 311,249 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 16.453% in 2021
  • 17.183% in 2022
  • 14.423% in 2023
  • 16.693% in 2024
  • 16.263% in 2025
  • 17.423% in 2026

Based on our Phelps real estate market research and report the predicted sales prices will increase by 330.355% in the next 10 years.

Over the last 12 months, the value of homes in Phelps fluctuated: decreasing 4 times.

Phelps (Wisconsin) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Phelps Housing Market Forecast with Real Estate Prices for 2025
August 2025 332037 306470 357604
September 2025 334628 302504 366753
October 2025 337240 303853 370627
November 2025 339872 309283 370460
December 2025 342524 309984 375064
Phelps Housing Market Forecast with Real Estate Prices for 2026
January 2026 345055 323317 366794
February 2026 346543 326444 366642
March 2026 349129 330626 367633
April 2026 351854 331798 371910
May 2026 354600 328714 380486
June 2026 357367 333424 381311
July 2026 360156 337467 382846
August 2026 362967 335382 390553
September 2026 365800 345681 385919
October 2026 368655 349485 387825
November 2026 371532 337351 405713
December 2026 372721 335449 409994
Phelps Housing Market Forecast with Real Estate Prices for 2027
January 2027 373052 343208 402896
February 2027 372688 349582 395795
March 2027 372326 339561 405091
April 2027 371012 343187 398838
May 2027 371688 349387 393990
June 2027 371737 348317 395156
July 2027 373092 344364 401820
August 2027 374443 344488 404399
September 2027 377366 355856 398875
October 2027 380311 351027 409595
November 2027 382166 359618 404714
December 2027 383655 349126 418184
Phelps Housing Market Forecast with Real Estate Prices for 2028
January 2028 385299 366034 404564
February 2028 385893 349233 422553
March 2028 386154 366847 405462
April 2028 384273 355837 412709
May 2028 382313 344082 420544
June 2028 380363 356781 403946
July 2028 379636 359136 400137
August 2028 382599 361174 404025
September 2028 385585 347798 423372
October 2028 388594 368776 408413
November 2028 391627 355597 427657
December 2028 394683 366266 423100
Phelps Housing Market Forecast with Real Estate Prices for 2029
January 2029 397688 371440 423935
February 2029 400254 360228 440279
March 2029 400876 370009 431744
April 2029 399698 370121 429276
May 2029 402818 367370 438266
June 2029 401823 368070 435576
July 2029 400606 362148 439065
August 2029 399243 370098 428388
September 2029 397802 363193 432411
October 2029 396598 360508 432688
November 2029 395221 357280 433163
December 2029 397479 358924 436035
Phelps Housing Market Forecast with Real Estate Prices for 2030
January 2030 400581 372941 428221
February 2030 403707 368585 438830
March 2030 406858 384481 429235
April 2030 410033 387481 432585
May 2030 413063 391171 434956
June 2030 414844 387050 442639
July 2030 417940 380744 455137
August 2030 421202 384979 457425
September 2030 424489 386710 462269
October 2030 427802 404273 451331
November 2030 431141 401392 460889
December 2030 434505 405394 463617
Phelps Housing Market Forecast with Real Estate Prices for 2031
January 2031 437896 397172 478621
February 2031 441314 407774 474854
March 2031 444758 417628 471888
April 2031 446182 411826 480538
May 2031 446578 418443 474712
June 2031 446142 419820 472465
July 2031 445709 406932 484485
August 2031 444136 415712 472561
September 2031 444945 402676 487215
October 2031 445004 414743 475264
November 2031 446626 413129 480123
December 2031 448243 419556 476931
Phelps Housing Market Forecast with Real Estate Prices for 2032
January 2032 451742 413344 490140
February 2032 455267 432504 478030
March 2032 457488 427751 487225
April 2032 459270 417477 501064
May 2032 461239 422034 500444
June 2032 461949 434694 489204
July 2032 462263 428980 495546

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.