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Featured local agent — Doctor Phillips, FL
Sarah Mitchell
Compass Real Estate · Doctor Phillips, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Doctor Phillips, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$610,000median sale price
How is the Doctor Phillips, FL housing market right now?
The median home sale price in Doctor Phillips, FL is $610,000, up 4.3% year-over-year. Homes sell in an average of 12 days with 58 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Doctor Phillips a buyer's or seller's market?
Doctor Phillips, FL is currently a seller's market, based on 3.6 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
12
Fast-moving
Active listings
58
3.6 months supply
Sale-to-list
97.3%
Below asking
What does the Doctor Phillips housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $610,000 |
| Median list price | $649,900 |
| Year-over-year price change | +4.3% |
| Average days on market | 12 days |
| Active inventory | 58 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $287/sq ft |
| Homes sold (latest month) | 16 |
| New listings (latest month) | 19 |
| Listings with a price cut | 48.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Doctor Phillips by property type?
How the Doctor Phillips, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $685,000 | $291/sq ft | 11 | 15 days |
| Condo / Co-op | $340,000 | $237/sq ft | 3 | 12 days |
| Townhouse | $485,000 | $297/sq ft | 2 | 31 days |
Source: Redfin · Updated monthly
The Doctor Phillips housing market is currently classified as a seller's market with a median sale price of $610,000. Prices have risen 4.3% compared to last year, with homes spending an average of 12 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Doctor Phillips
There are currently 58 homes listed for sale in Doctor Phillips, Florida. The median listing price is $650K.
Active listings
58
Homes on market
Median list price
$650K
Avg. days on market
12
Days until sale
New this week
19
Newly listed
Who lives in Doctor Phillips?
Population
12,458
Median income
$101,540/yr
Median age
44.9 years
Owner-occupied
66.6%
College grads
52.6%
Avg commute
24.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Doctor Phillips?
Zillow home value
$540,615
Zillow rent index
$2,662/mo
Price-to-rent ratio
16.9x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Doctor Phillips?
Doctor Phillips is a community of approximately 12K residents with a median age of 44.9 years.The median household income is $101,540, which reflects a relatively affluent area with strong earning potential. 52.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 66.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Doctor Phillips offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Doctor Phillips, FL?
Want a head-to-head view? Compare Doctor Phillips side-by-side with any other U.S. city using our market-comparison tool.
Is Doctor Phillips a good real estate investment market?
For investors evaluating Doctor Phillips, the price-to-rent ratio of 16.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Doctor Phillips's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Doctor Phillips's median home price.
Frequently asked questions
What is the average home price in Doctor Phillips?
The median home sale price in Doctor Phillips is $610,000, up 4.3% from last year.
How long do homes stay on market in Doctor Phillips?
Homes typically spend 12 days on market before going under contract.
What is the median income in Doctor Phillips?
The median household income is $101,540 per year.
Is Doctor Phillips a buyer's or seller's market?
With 3.6 months of supply, Doctor Phillips is currently a seller's market.
What is the Zillow home value estimate for Doctor Phillips?
The Zillow Home Value Index (ZHVI) for Doctor Phillips is $540,615, representing the typical home value in the area.
What is the median condo price in Doctor Phillips?
The median condo/co-op sale price in Doctor Phillips, FL is $340,000, compared to $685,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Doctor Phillips?
The median single-family home price in Doctor Phillips, FL is $685,000 (about $291 per square foot).
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