Phelan, CA Home Values & Market Trends
Real estate market trends reflect that there have been 288 transactions over the past year in Phelan. The median value for residential home transactions that occurred over the previous year is $518,980. The number of current listings in Phelan is 464, and the percentage of properties for sale in the city is 464.00%. Phelan, CA currently has 49 properties in foreclosure, 11 bank owned properties, 9 properties headed for auction, and 464 properties for sale.
Phelan, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 92371 | $ 518,990 $ 251/sqft |
Housing Market Summary for Phelan, CA
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $436.3K | $469K | 7.51% |
| Median Sold Price | $470.1K | $465K | -1.08% |
| Homes For Sale | 261 | 464 | 77.78% |
| Homes Sold | 154 | 111 | -27.92% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Phelan, CA
Browse Homes in Phelan, CA
Phelan home values range from $155,271 to $1,149,000. The median estimated value of a home in Phelan is $518,980. The median list price of a home is 469,000, and the total count of properties in the city is 672.
- Pre-ForeclosurePre-foreclosure homes account for 4.32% of all residential properties in Phelan, CA with 92371 containing 29 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Phelan, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $688,141 in 92371 to the lowest home value of $399,900 in 92371.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Phelan, CA ranges from the highest value of $706,462 in 92371 to the lowest value of $329,000 in 92371. Bank owned homes and properties account for 1.64% of properties in Phelan, CA. There is 1 zips within Phelan, CA; 92371 containing 11 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92371 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Phelan, CA. Auction homes and other auction properties account for 1.34% of all properties in Phelan, CA. There is 1 zips within Phelan, CA; of that zips, the median estimated home value for homes going to auction ranges from $618,653 in 92371 to the lowest value of $448,568 in 92371.
Compare Nearby Cities
More Real Estate Resources for Phelan, CA
Guide for Phelan, CA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
