Phelan Housing Market Report – July 2026
Here's a look at how the Phelan, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 42
- Median Sale Price: $373,000
- Average Sale Price: $314,551
- Average Price Per Sq Ft: $247
- Average Days on Market: 102
- Sale-to-List Price Ratio: 97.8%
Month-Over-Month Trends
Compared to June, the median sale price in Phelan moved 9.7% up (from $340,000 to $373,000). The number of homes sold was 22.2% down compared to the prior month (54 vs. 42). Average days on market shifted 10.5% down (114 days to 102 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 5.3% down (from $394,000 to $373,000). Sales volume is 13.5% up year-over-year.
What This Means
Phelan's housing market is showing mixed signals this July, with some encouraging momentum tempered by underlying softness. The median price climbed nearly 10 percent month-over-month to $373,000, which looks impressive on the surface, but the year-over-year comparison tells a different story—prices are actually down 5.3 percent from July 2025. This suggests we're seeing seasonal strength rather than sustained appreciation. The fact that homes are selling at 97.8 percent of list price and leaving the market about 12 days faster than last month indicates decent buyer interest, but don't mistake that for a hot market.
The real concern is the 372 active listings sitting on the market with a staggering 200-day average DOM and asking prices nearly half the actual sale prices. This inventory glut, combined with July sales volume dropping 22 percent from June, points to a market that's cooling despite summer's typically strong season. Phelan remains an affordable pocket of the inland region, which helps, but the disconnect between list prices and actual sales values suggests sellers' expectations still haven't fully adjusted to current conditions. Buyers have options here, and that's putting pressure on prices.
Phelan Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92371 | 42 | $373,000 | $247 | 102 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 18 | $484,950 | $253 |
| LAND | 12 | $65,750 | N/A |
| MOBILE | 10 | $378,000 | $235 |
| OTHER | 2 | $85,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 10 |
| $100K - $199K | 5 |
| $200K - $299K | 2 |
| $300K - $399K | 8 |
| $400K - $499K | 9 |
| $500K - $749K | 8 |
Current Active Listings
As of this report, there are 372 active listings in Phelan with a median asking price of $178,500 and an average of 200 days on market.
Thinking About Selling Your Phelan Home?
If you're a homeowner in Phelan considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Phelan and throughout San Bernardino County — get a no-obligation cash offer today.
Thinking of selling in Phelan? Get a cash offer.
Takes about 30 seconds. No obligation.