70Alpha

Phelps County, NE Housing Market Brief

county · NE · as of August 2026

Seller's

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%
-11.738
Inventory Health25%
+16.263
Affordability20%
+26.890
Economic Strength20%
81
Rental Yield15%
+43.884

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.

Phelps County, NE housing market data

MetricValueYoY
Median Sale Price$177K-65.7%
Median Days on Market36 days▲ +38.5%
Months of Supply0.9-71%
Homes for Sale6▲ +100%
Homes Sold7▲ +600%
Median Price / Sq Ft$108-37.7%

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

Now: 70
12-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 August 2026, Phelps County, NE is classified as a Seller's Market, based on its Alpha Score of 70 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 $177K, having fallen 65.7% over the past year.

How affordable is Phelps County, NE?

Phelps County, NE scores 90 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 Affordability (90/100) and its weakest is Price Momentum (38/100). 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.