Commercial Real Estate Market in Phillipsburg, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 298 off-market properties in Phillipsburg, KS.
Market Trends
Phillipsburg, KS spans 372.0 square miles in Phillips County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Phillipsburg, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Phillipsburg, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Phillipsburg, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Phillipsburg, KS runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 82%
- Commercial 8%
- Open space 7.3%
- Industrial 2.7%
Largest Zones share of zoned land by district
Single Family Dwelling District
Residential Low Density District
Two Family Dwelling District
Highway Service District
General Commercial District
Phillipsburg, KS zones 1,119 acres across 10 districts. Commercial zoning covers 8% of zoned land, residential 82%, open space 7.3% and industrial 2.7%. The largest single district is Single Family Dwelling District at 41.3%. For commercial buyers the practical constraint is that only 10.7% of land carries a commercial or industrial designation.
Single Family Dwelling District (R-1)
The R-1 Single-Family Dwelling District is established for the purpose of low density, single-family dwelling use and to allow certain public facilities. It is intended that no uses be permitted in this district that will tend to devalue property for residential purposes or interfere with the health, safety, order, or general welfare of persons residing in t…
Market overview
Demographics & Economy
Phillipsburg, KS has 3,171 residents in 1,667 households. Density runs 9 people per square mile. Median household income here is $60,225 and median gross rent $654 a month.
3,171
Population
1,667
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
92%
High-School Grad
372 sq mi
ZIP Area
9
Density / Sq Mi
$60,225
Median Household Income
$38,098
Median Earnings
$654
Median Rent
$94,900
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Phillipsburg?
Phillipsburg, KS zones 1,119 acres across 10 districts, of which 8% is commercial and 2.7% industrial. The largest single district is Single Family Dwelling District at 41.3% of zoned land. The R-1 Single-Family Dwelling District is established for the purpose of low density, single-family dwelling use and to allow certain public facilities. It is intended that no uses be permitted in this district that will tend to devalue property for residential purposes or interfere with the health, safety, order, or general welfare of persons residing in t… Residential zoning covers 82% and open space 7.3%.
Where does Realmo's Phillipsburg market data come from?
Realmo compiles Phillipsburg, KS figures from 2 active sale listings, 298 tracked off-market properties, the current Phillipsburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Phillipsburg, KS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,119 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
