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Home values, rents and more in Phelps, KY

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$67,217
Metro: $93,048 · U.S.: $366,000
Home values, past year
−12.3%
Metro: −11.7% · U.S.: +1.2%
Population
301
ACS 2020–24
ZIP codes around Phelps, KY, shaded by typical home valuePhelps4155341558
  • Under $61k
  • $61k–$64k
  • $64k–$66k
  • $66k–$71k
  • $71k+
  • No data
ZIP codes around Phelps, KY, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Phelps is outlined.

How Phelps compares

The typical home in Phelps, KY is worth about $67,217, according to the Zillow Home Value Index for September 2026. Home values in Phelps are 28% below the typical value in the Pikeville metro area ($93,048) and 82% below the U.S. typical value ($366,000).

Over the past year, home values in Phelps fell 12.3%, compared with −11.7% in the Pikeville metro area and +1.2% nationally.

About 301 people live in Phelps (American Community Survey 2020–24).

Phelps has the 4th-lowest typical home value of the 14 cities in the Pikeville metro area and the 13th-lowest of 362 in Kentucky with Zillow figures.

Part of: Pike County, KY · Pikeville metro area · Kentucky

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Phelps, KY

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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