52Alpha

Phelps County, NE Housing Market Brief

county · NE · as of May 2026

Balanced

What is Phelps County, NE’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-11.450
Inventory Health25%
-16.246
Affordability20%
60
Economic Strength20%
73
Rental Yield15%
27

Where is Phelps County, NE in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Phelps County, NE is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Phelps County, NE housing market data

MetricValueYoY
Median Sale Price$252K▲ +0.2%
Median Days on Market41 days-44.6%
Months of Supply2.0▲ +566.7%
Homes for Sale8▲ +700%
Homes Sold40%
Median Price / Sq Ft$111-12%
Sale-to-List Ratio102.8%▲ +8%

How has Phelps County, NE’s Alpha Score moved?

Now: 52
3-period trend
Median sale price · 12 mo

Markets like Phelps County, NE

Frequently asked questions

Is Phelps County, NE a buyer's or seller's market?

As of May 2026, Phelps County, NE is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Phelps County, NE?

The median sale price in Phelps County, NE is $252K, having held roughly steady over the past year.

How affordable is Phelps County, NE?

Phelps County, NE scores 60 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Phelps County, NE's Alpha Score?

Phelps County, NE's strongest dimension is Economic Strength (73/100) and its weakest is Rental Yield (27/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Phelps County, NE? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.