54Alpha

Phelps County, NE Housing Market Brief

county · NE · score computed October 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%
●45
Inventory Health25%
●54

Population band 1 of 5 (population 475–9,803) · comparable within its band

Affordability20%
●55
Economic Strength20%
●77
Rental Yield15%
●35

Where is Phelps County, NE in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

What’s the forecast for Phelps County, NE?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Phelps County, NE housing market data

MetricValueYoYSource
Median Sale Price$178K▲ +75.9%Redfin
Median Days on Market6 days▼ -87.5%Redfin
Months of Supply4.1▲ +17.1%Redfin
Homes for Sale4▼ -42.9%Redfin
Homes Sold1▼ -50%Redfin
Median Price / Sq Ft$133▲ +31.3%Redfin

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

Now: 54
2-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?

In the scores computed October 2026, Phelps County, NE is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, building, 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 $178K, having risen 75.9% over the past year, according to Redfin.

How affordable is Phelps County, NE?

Phelps County, NE scores 55 out of 100 on affordability — moderately 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 (77/100) and its weakest is Rental Yield (35/100). 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.