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Housing in Phillips

A typical Phillips home is worth roughly $109,000

Typical home value
$109K
IL $298K
Estimate
2-bedroom rent
$920
a month, utilities in · HUD
Median tax bill
$1,098
IL $5,298

What kind of housing town is Phillips?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$207,000
Typical Phillips home $109K

That covers a typical Phillips home, with $98K to spare.

The typical home, each month
$660
Loan $540Tax $90Insurance $30

A two-bedroom rents for about $920 a month here, $260 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Phillips’s typical property tax (1.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $920

Fair Market Rent a month, utilities included

Studio$630
1 bedroom$700
2 bedrooms$920
3 bedrooms$1,210
4 bedrooms$1,440
24%
of households rent · IL 33%
92
renter households
41%
of renters spend 30%+ of income on rent · IL 48%
21%
of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (White County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

76% of Phillips households own their home

Half of Phillips’s homes were built before 1959.

Owners and renters
Own 76%Rent 24%

Illinois: 67% own.

1959
typical home built · IL 1971
$1,098
median property tax bill · IL $5,298
1.01%
of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Phillips vs. its neighbors

Phillips is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Phillips$109K*—$920$53,550
Harmony$185K*—$1,040$64,271
Hawthorne—+1.8%†$950—
Robb$122K*—$970$59,150
Gray$80K*—$920$51,397
Burnt Prairie—+1.8%†$940$98,650
Carmi$99K+4%$950$53,323

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Phillips buyers, sellers and renters are saying.

Town Square →
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Is Phillips still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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