Phelan Housing Market Report – April 2026
Here's a look at how the Phelan, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 29
- Median Sale Price: $385,000
- Average Sale Price: $350,379
- Average Price Per Sq Ft: $237
- Average Days on Market: 82
- Sale-to-List Price Ratio: 99.3%
Month-Over-Month Trends
Compared to March, the median sale price in Phelan moved 37.5% up (from $280,000 to $385,000). The number of homes sold was 9.4% down compared to the prior month (32 vs. 29). Average days on market shifted 52.9% down (174 days to 82 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 2.7% up (from $375,000 to $385,000). Sales volume is 32.6% down year-over-year.
What This Means
Phelan's housing market is showing some genuinely interesting mixed signals this April. The median price jumped 37.5% month-over-month to $385,000, which sounds dramatic until you realize it's barely budged year-over-year. What's really happening here is that the market is becoming more selective—fewer homes sold this month, but the ones that did move commanded stronger prices and sold closer to asking. That 99.3% sale-to-list ratio tells you sellers are pricing realistically, and buyers willing to purchase are serious. The sharp drop in days on market, from 174 to 82, suggests spring momentum is real here.
The concerning trend is the 32.6% year-over-year sales decline. That's substantial and points to a market that's fundamentally slower than it was twelve months ago. With over 300 active listings sitting around a median asking price of $175,000—and many languishing for 220 days—there's clearly an inventory glut at the lower end. This creates a bifurcated market: move-ready homes near $385,000 are selling quickly, but the bulk of available stock isn't attracting buyers. Spring seasonality is helping the better properties, but it's not lifting the market broadly. Phelan remains a buyer's market with patience required.
Phelan Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92371 | 27 | $385,000 | $234 | 83 |
| 92329 | 1 | $120,000 | N/A | 25 |
| 92372 | 1 | $520,000 | $293 | 121 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 13 | $520,000 | $238 |
| LAND | 9 | $72,000 | N/A |
| MOBILE | 7 | $339,000 | $234 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 8 |
| $100K - $199K | 1 |
| $200K - $299K | 1 |
| $300K - $399K | 5 |
| $400K - $499K | 5 |
| $500K - $749K | 8 |
| $750K+ | 1 |
Current Active Listings
As of this report, there are 303 active listings in Phelan with a median asking price of $175,000 and an average of 220 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.