County market report · FIPS 31137
Phelps County, NE
Outside a metro area · Population 9,006 (Census V2020 est.)
Typical value
$211,324
Sep 2026
1M
-0.6%
3M
-1.8%
12M
+2.6%
5Y
+18.8%
10Y
+59.5%
From peak
-2.2%
Peak $216,018 · May 2026
Rank US / state
1643 / 58
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyB · Early Warning
r3-1.81%p3+0.40%Acceleration-2.22ppMonths persisting3Evidence (Price-Only)82/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $206,944 | +3.3% |
| 2024 | $200,394 | +5.8% |
| 2023 | $189,363 | -1.8% |
| 2022 | $192,927 | +5.0% |
| 2021 | $183,703 | +14.1% |
| 2020 | $161,052 | +6.0% |
| 2019 | $152,004 | +6.2% |
| 2018 | $143,164 | +1.7% |
| 2017 | $140,765 | +4.7% |
| 2016 | $134,412 | +3.7% |
| 2015 | $129,660 | +3.5% |
| 2014 | $125,243 | +3.9% |
| 2013 | $120,523 | +12.1% |
| 2012 | $107,528 | +8.4% |
| 2011 | $99,220 | +5.4% |
| 2010 | $94,096 | +7.0% |
| 2009 | $87,931 | -0.4% |
| 2008 | $88,289 | +0.9% |
| 2007 | $87,493 | +1.0% |
| 2006 | $86,660 | +1.0% |
| 2005 | $85,844 | — |