The application of cast-in-situ phosphogypsum as the wall material of building structures can greatly reduce the environmental pollution caused by phosphogypsum. Through the uniaxial compression test of cast-in-situ phosphogypsum specimens, the compressive strength of cast-in-situ phosphogypsum is determined, the constitutive relationship of the material is drawn up, and the elastic modulus and Poisson’s ratio of the material are determined. The results show that when the strain of the specimen is close to the peak strain, the cast-in-situ phosphogypsum has brittle properties and rapidly fails, where the failure state is mainly splitting failure. The retarder has a great influence on the peak stress. When the content of the retarder is about 0.3%, the peak stress is 8.6 MPa and the ultimate strain is 2.54 × 10−3, while the peak stress is 2.8 MPa and the ultimate strain is 2.01 × 10−3. The three segment constitutive fitted equations reflect all the characteristics of the compression specimen. When the strength of the cast-in-situ phosphogypsum is high, the elastic modulus is also high. When the content of the retarder is about 0.3%, the elastic modulus is 5300 MPa, and when the content of retarder is far greater than 0.3%, the elastic modulus is 2000 MPa. The Poisson’s ratio of material is recommended as 0.19.