Phillips · Minneapolis, MN

Is Now a Good Time to Sell in Phillips, Minneapolis?

The median home in Phillips sells for $236,250 with prices down 11% year-over-year. Ridley's flat fee saves you $3,589.

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Phillips Real Estate Market Conditions

50out of 100

Ridley Sell Score

How it's scored →

Moderate

50/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Phillips market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Minnesota average is 2.9.

Price MomentumFavors buyers

Prices down 10.849056599999999% year-over-year — vs. -0.8% statewide.

Seller LeverageNeutral

Homes selling at 98.2% of asking — buyers are negotiating 1.8% below list. Minnesota average is 98.4%.

Bidding ActivityNeutral

31.25% of homes selling above list price — 35% above the Minnesota average of 23.1%.

Sale SpeedNeutral

76.5 median days on market — 19 days slower than the Minnesota average.

Market UrgencyFavors buyers

10% of listings go pending within 2 weeks — vs. 33.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Minnesota average is 27.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$236,250

-11%

Days on Market

76.5

Price per Sq Ft

$174

Sale-to-List Ratio

98.2%

Homes Sold

16

Sold Above List

31.25%

Pending in 2 Weeks

10%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Minneapolis — delivered monthly.

Your savings

How much can you save selling in Phillips?

$0Estimated savings

That could furnish your new living room — save 1.5% of your home value

$236,250

$50,000$10M

Traditional Agent (3%)

$7,088

Ridley Pro (flat fee)

$3,499

Ready to sell in Phillips?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Phillips

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$7,088$3,499$999
Buyer agent$6,6152.8% avg$4,725~2% avg$4,725~2% avg
Closing costs (~1.5%)$3,544$3,544$3,544
Total cost$17,247$11,768$9,268
You save$3,589$6,089

Based on the Phillips median home price of $236,250. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Phillips

A flat fee of $3,499 instead of the typical $7,088 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Phillips market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Phillips buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $3,589 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Phillips

Ready to sell in Phillips?

Save $3,589

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