Ultrasonic subaperture imaging combines synthetic aperture and phased array approaches and permits low-cost systems with improved image quality. In subaperture processing, a large array is synthesized using echo signals collected from a number of receive subapertures by multiple firings of a phased transmit subaperture. Tissue inhomogeneities and displacements in subaperture imaging may cause significant phase distortions on received echo signals. Correlation processing on reference echo signals can be used for correction of the phase distortions, for which the accuracy and robustness are critically limited by the signal correlation. In this study, we explore correlation processing techniques for adaptive subaperture imaging with phase correction for motion and tissue inhomogeneities. The proposed techniques use new subaperture data acquisition schemes to produce reference signal sets with improved signal correlation. The experimental test results were obtained using raw radio frequency (RF) data acquired from two different phantoms with 3.5 MHz, 128-element transducer array. The results show that phase distortions can effectively be compensated by the proposed techniques in real-time adaptive subaperture imaging.