Real Estate Investing in Phillipsburg, Kansas
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in Phillipsburg, KS? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.2% of homes vacant — above national norms.
What’s happening in Phillipsburg, KS?
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Market Trends — Phillipsburg, KS
Home Value History
Investing in Phillipsburg Real Estate
Phillipsburg in Kansas is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.
Phillipsburg is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. plainly out-of-state investors should be especially careful with the assumptions they carry in.
decisively Phillipsburg's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.
Population dynamics in Phillipsburg haven't been supportive. a challenging fit for combined with tepid income growth, the demographic backdrop complicates any purely financial underwriting.
Landlord Ground Truth
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ZIP Codes in Phillipsburg, KS
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View PlansFrequently Asked Questions About Phillipsburg, KS
Is housing expensive in Phillipsburg, KS?
Typical homes in Phillipsburg, KS go for around $133K. The 5-year CAGR of 0.0% consistent price movement.
Is Phillipsburg, KS a friendly market for rental owners?
Phillipsburg, KS operates under KS law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
How deep is the rental pool in Phillipsburg, KS?
Phillipsburg, KS draws a consistent base of working renters. Demand at the $828/mo rent level is reasonable for standard single-family and small multi rentals.
Is Phillipsburg, KS a good market for FHA house hackers?
The house hack math a challenging in Phillipsburg, KS. Owner-occupant buyers benefit from the $828/mo rents and $133K home values.
How high is vacancy risk in Phillipsburg, KS?
Phillipsburg, KS sees elevated vacancy, which is reasonable relative to the broader KS rental market.
Community Ratings
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