House Prices

House Prices & Home Values Phelps, WI 2026


Average Data

average house price$376,363
average size per house2418 ft²
average price per ft²156 $ / ft²

04/17/2026 - The value range (VR) for house prices in Phelps, WI is $173/ sqft to $173/ sqft. An average home with 2418 sqft costs approximately $418,314 to $418,314. Phelps, WI includes 1 ZIP codes and it is located in Vilas county. The lowest prices are found in ZIP 54554, while the highest are in ZIP 54554. The average price per sqare feet is $156. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Phelps

54554177 $ / ft²




Historical development of home values in Phelps

Year Estimated value (USD) Change vs. 2025
2010 $174,790 -53.6%
2011 $168,031 -55.4%
2012 $167,578 -55.5%
2013 $173,842 -53.8%
2014 $182,486 -51.5%
2015 $191,852 -49.0%
2016 $201,864 -46.4%
2017 $212,759 -43.5%
2018 $224,522 -40.3%
2019 $234,933 -37.6%
2020 $247,078 -34.4%
2021 $281,024 -25.3%
2022 $327,611 -13.0%
2023 $345,481 -8.2%
2024 $365,468 -2.9%
2025 $376,363 0.0%

Graph: estimated home values in Phelps over time (USD)



Example: 100% financing house in Phelps

Loan amount: $376,363

Interest rate: 6.00%

Fixed monthly payment: $2,256.49

Breakdown in the 1st month:
Interest portion: $1,881.82  –  Principal portion: $374.67

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,456.05 $4,621.78 $371,741.22
2 $22,170.99 $4,906.84 $366,834.38
3 $21,868.35 $5,209.49 $361,624.89
4 $21,547.04 $5,530.80 $356,094.09
5 $21,205.91 $5,871.92 $350,222.17
6 $20,843.75 $6,234.09 $343,988.08
7 $20,459.24 $6,618.60 $337,369.48
8 $20,051.02 $7,026.82 $330,342.67
9 $19,617.62 $7,460.22 $322,882.45
10 $19,157.49 $7,920.35 $314,962.11
11 $18,668.98 $8,408.85 $306,553.25
12 $18,150.34 $8,927.49 $297,625.76
13 $17,599.71 $9,478.12 $288,147.63
14 $17,015.12 $10,062.71 $278,084.92
15 $16,394.48 $10,683.36 $267,401.56
16 $15,735.55 $11,342.28 $256,059.28
17 $15,035.98 $12,041.85 $244,017.43
18 $14,293.27 $12,784.57 $231,232.86
19 $13,504.74 $13,573.09 $217,659.77
20 $12,667.59 $14,410.25 $203,249.52
21 $11,778.79 $15,299.04 $187,950.47
22 $10,835.18 $16,242.65 $171,707.82
23 $9,833.37 $17,244.47 $154,463.36
24 $8,769.77 $18,308.07 $136,155.29
25 $7,640.57 $19,437.27 $116,718.02
26 $6,441.72 $20,636.12 $96,081.91
27 $5,168.93 $21,908.91 $74,173.00
28 $3,817.64 $23,260.20 $50,912.80
29 $2,383.00 $24,694.84 $26,217.96
30 $859.87 $26,217.96 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Phelps, WI


1500 sqft3900 sqft
Ø selling price$283,141$602,316
Ø fast selling$257,401$542,085
Ø high price sale$308,880$662,548

In 2026, houses in Phelps, WI will be offered at an average price of $156 per square foot. A 1,500 sqft home priced at $283,141 is 23.53% more expensive per square foot than a 3,900 sqft home priced at $602,316. Home prices in Phelps, WI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $416,989. Sellers who can wait longer may achieve a higher price of up to $509,653.


Discover Phelps, WI

Phelps, WI is a scenic Northwoods town in Vilas County, set along the shores of North Twin Lake and near Lac Vieux Desert.
Visitors come year-round for four-season recreation, small-town hospitality, and pristine forest scenery within the Chequamegon-Nicolet National Forest.

Outdoor Recreation

In summer, the clear lakes invite boating, paddling, and trophy fishing for walleye, musky, and bass.
Miles of hiking and biking trails wind through towering pines, with wildlife watching and quiet beach picnics around every bend.

Winter transforms Phelps into a snowmobiling and cross-country skiing hub with well-groomed routes connecting to regional trail systems.
Ice fishing, snowshoeing, and cozy cabin getaways make it a favorite cold-weather escape.

Local Culture and Stays

The community supports local businesses, outfitters, and guides, along with seasonal events that showcase Northwoods culture.
Family-friendly lodging, lakeside cabins, and campgrounds provide comfortable bases close to boat landings and trailheads.

Getting Here

Located near the Upper Peninsula border, Phelps offers easy access via regional highways while feeling worlds away from city crowds.
Whether you?re planning a weekend getaway or scouting Northwoods real estate, Phelps, Wisconsin delivers authentic outdoor adventure and relaxed, up-north charm.



FAQ – Home Values in Phelps

What is the median home value in Phelps in 2026?

In 2026, the typical home value in Phelps is about $376,363 for an average home size of 2418 square feet. This corresponds to an average price of roughly $156 per square foot.

What is the average cost per square foot in Phelps?

In 2026, homes in Phelps sell for an average of around $156 per square foot, with a typical range between $173 and $173 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Phelps is about 2418 square feet, with an estimated 2026 value around $376,363.



Locations close to Phelps, WI

Phillips, WI67 $ / ft²
Prentice, WI79 $ / ft²
Presque Isle, WI271 $ / ft²
Park Falls, WI102 $ / ft²
Montreal, WI108 $ / ft²
Minocqua, WI286 $ / ft²
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