Phillips County, Colorado Housing Market
In Phillips County, Colorado, the median home value is $258,200, with a median monthly rent of $999. This places Phillips County at #849 nationally out of 3134 counties by median home value, and #42 within Colorado.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,007
- Establishments: 168
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,772 (avg $71,231)
- Outflow: 1,615 (avg $73,289)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Phillips County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 80734 | 257.7 | -15.08% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Phillips County on Our Sister Sites
Get the complete picture for Phillips County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Phillips County Compares
| Metric | Phillips County | Colorado Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $258,200 | $427,512 | $227,706 |
| Median Gross Rent | $999 | $1,302 | $968 |
| Owner Occupancy Rate | 71.9% | 71.9% | 73.3% |
| Price/Rent Ratio | 21.5 | 26.3 | 18.7 |
Market Analysis
The median home value in Phillips County is 39.6% below the Colorado state average and 13.4% above the U.S. national average. The median rent of $999/month is 23.3% below the state average.
With a price-to-rent ratio of 21.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Phillips County has an owner-occupancy rate of 71.9%, compared to 71.9% in Colorado and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Wakulla County | Florida | $258,300 | $1,108 |
| Mille Lacs County | Minnesota | $258,300 | $903 |
| Warren County | Kentucky | $258,000 | $1,002 |
| Rensselaer County | New York | $258,400 | $1,217 |
| Butler County | Ohio | $258,500 | $1,135 |
Other Counties in Colorado
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Huerfano County | $247,800 | $838 | 75.1% |
| Dolores County | $247,600 | $986 | 81.3% |
| Lincoln County | $246,500 | $868 | 71.7% |
| Logan County | $245,300 | $1,013 | 66.3% |
| Rio Blanco County | $274,400 | $919 | 74.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).