Dave Ramsey Endorsed Local Provider for 15+ years

Keller Williams Preferred Realty(612) 843-9620Join HHG

Phillips West, Minneapolis

A Minneapolis neighborhood in the city's Phillips community, 245 acres.

  • Median sale price$100Kpast 12 months, −13.0%
  • Homes sold17past 12 months
  • Homeowners11%of occupied homes
  • Residents6,400Census estimate

The short version

Living in Phillips West

Over the 12 months through September 2026, the median sale price in Phillips West was $100,000, down 13.0% from the 12 months before, with 17 homes sold.

Minneapolis as a whole had a median sale price of $353,500 over the same 12 months.

About 6,400 people live in Phillips West, in roughly 2,160 households; 11% of homes are owned by the people living in them, compared with 48% citywide.

Minneapolis community guide

Phillips WestPhillips community · Census median home value $229K

Homes for sale

Homes for sale in Phillips West

See all 12 Phillips West homes for sale

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 7:33 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

Housing market · September 2026

Phillips West home prices and sales

Only 2 homes sold here in September 2026, so single months swing a lot. The 12-month figures are steadier.

Median sale price by month, Phillips West
0200k400kOct 2024Jan 2025Sep 2025Dec 2025May 2026Sep 2026$180,000Oct 2024$180,000Nov 2024$285,000Dec 2024$112,000Jan 2025$310,000Jul 2025$146,500Aug 2025$95,000Sep 2025$60,000Oct 2025$112,866Nov 2025$222,500Dec 2025$84,000Jan 2026$250,000Apr 2026$84,500May 2026$209,950Jul 2026$95,000Aug 2026$202,500$73,500Sep 2026$73,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$180,000
Nov 2024$285,000
Dec 2024$112,000
Jan 2025$310,000
Jul 2025$146,500
Aug 2025$95,000
Sep 2025$60,000
Oct 2025$112,866
Nov 2025$222,500
Dec 2025$84,000
Jan 2026$250,000
Apr 2026$84,500
May 2026$209,950
Jul 2026$95,000
Aug 2026$202,500
Sep 2026$73,500
Homes sold by month, Phillips West
0246Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 20261Oct 20241Nov 20241Dec 20241Jan 20251Feb 20250Mar 20250Apr 20250May 20250Jun 20250Jul 20252Aug 20252Sep 20251Oct 20252Nov 20251Dec 20251Jan 20261Feb 20260Mar 20260Apr 20263May 20262Jun 20260Jul 20263Aug 202622Sep 20262
Show as a table
YearClosed sales
Oct 20241
Nov 20241
Dec 20241
Jan 20251
Feb 20250
Mar 20250
Apr 20250
May 20250
Jun 20250
Jul 20252
Aug 20252
Sep 20251
Oct 20252
Nov 20251
Dec 20251
Jan 20261
Feb 20260
Mar 20260
Apr 20263
May 20262
Jun 20260
Jul 20263
Aug 20262
Sep 20262
September 202612 months through September 2026Minneapolis
MeasureYear beforeThis yearChangeYear beforeThis yearChange12 months
Median sale price$60,000$73,500+22.5%$115,000$100,000−13.0%$353,500
Price per square foot$108$73−32.7%$146$106−27.9%$255
Closed sales12+100.0%917+88.9%4,031
New listings14+300.0%2629+11.5%5,963
Days on market29286−70.5%167133−20.4%54
% of original list price received80%81.2%+1.5%88.2%88.8%+0.7%98.7%
Homes for sale (end of month)85−37.5%———1,136
Months of supply62.8−53.3%———3.4

Source: Minneapolis Area REALTORS® Local Market Update, Phillips West, September 2026. Data from NorthstarMLS; current as of October 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size. Minneapolis market report

Past months: August 2026 · July 2026 · May 2026 · April 2026 · January 2026 · December 2025 · November 2025 · October 2025

People and homes

Phillips West by the numbers

US Census Bureau estimates for the 4 block groups mostly inside Phillips West, compared with all of Minneapolis.

Phillips WestMinneapolis
Residents6,400427,246
Households2,160192,734
Homes owned by the people living in them11%48%
Median value of owner-occupied homes$229,000$362,200
Median household income$41,000$80,846
Adults 25+ with a bachelor's degree or higher37%56%
Single-family detached homes6%44%
Workers who drive alone41%52%
Workers who take transit23%7%
Workers who work from home9%26%
Types of homes
  1. Single-family detached6%
  2. Townhome, duplex, 3-4 units15%
  3. Apartments, 5-49 units35%
  4. Large buildings, 50+ units43%
Ages
  1. Under 1837%
  2. 18 to 3416%
  3. 35 to 6432%
  4. 65 and older15%
Getting to work
  1. Drive alone41%
  2. Transit23%
  3. Walk14%
  4. Work from home9%
  5. Bike1%

Source: US Census Bureau, American Community Survey 2020–2024 5-year estimates for block groups (each block group counted in the neighborhood holding most of its area; medians estimated from ranges). Boundaries: City of Minneapolis neighborhoods (opendata.minneapolismn.gov); City of Saint Paul planning districts (information.stpaul.gov). Block-group estimates have wide margins of error, so treat them as approximate.

Quick answers

Phillips West questions

What is the median home price in Phillips West, Minneapolis?

$100,000 over the 12 months through September 2026 (down 13.0% from a year earlier), from the Minneapolis Area REALTORS® Local Market Update for Phillips West (NorthstarMLS data).

How fast do homes sell in Phillips West?

Homes that sold in the 12 months through September 2026 spent 133 days on market, and sellers received 88.8% of their original list price.

What kinds of homes are in Phillips West?

By Census estimates, 6% of homes are single-family detached, 15% are townhomes, duplexes or small buildings of 3-4 units, and 78% are in apartment buildings of 5 or more units. 11% are owner-occupied.

How do people in Phillips West get to work?

41% drive alone, 9% work from home, 23% take transit, 14% walk and 1% bike (Census estimates).

Buying or selling in Phillips West?

Talk with a Minneapolis neighborhood expert.

Ask us about specific blocks, recent sales nearby or what your home would sell for. There's no cost and no pressure.

(612) 843-9620

Ask about Phillips West

Save this home

We’ll keep your saved homes together and let you know if the price changes. No spam.