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Featured local agent — McPherson, KS
Sarah Mitchell
Compass Real Estate · McPherson, KS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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McPherson, KS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$171,450median sale price
How is the McPherson, KS housing market right now?
The median home sale price in McPherson, KS is $171,450, down 40.8% year-over-year. Homes sell in an average of 5 days with 45 active listings. The market is currently a balanced 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 McPherson a buyer's or seller's market?
McPherson, KS is currently a balanced market, based on 45.0 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
5
Fast-moving
Active listings
45
45.0 months supply
Sale-to-list
101.8%
Above asking
What does the McPherson housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $171,450 |
| Median list price | $244,000 |
| Year-over-year price change | -40.8% |
| Average days on market | 5 days |
| Active inventory | 45 listings |
| Months of supply | 45.0 months |
| Sale-to-list price ratio | 101.8% |
| Median price per sq ft | $165/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 29 |
| Listings with a price cut | 24.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in McPherson by property type?
How the McPherson, KS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $171,450 | $165/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The McPherson housing market is currently classified as a balanced market with a median sale price of $171,450. Prices have fallen 40.8% compared to last year, with homes spending an average of 5 days on market, indicating 45.0 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 2.9x provides context for how home values compare to local earning capacity.
Homes for sale in McPherson
There are currently 45 homes listed for sale in McPherson, Kansas. The median listing price is $244K.
Active listings
45
Homes on market
Median list price
$244K
Avg. days on market
5
Days until sale
New this week
29
Newly listed
Who lives in McPherson?
Population
13,956
Median income
$77,746/yr
Median age
35.1 years
Owner-occupied
68.4%
College grads
35.9%
Avg commute
10.8 min
Source: U.S. Census Bureau ACS
What are homes worth in McPherson?
Zillow home value
$221,999
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in McPherson?
McPherson is a community of approximately 14K residents with a median age of 35.1 years.The median household income is $77,746, which reflects a relatively affluent area with strong earning potential. 35.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 68.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 10.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, McPherson offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve McPherson?
6 schools tracked · 2,197 students
The largest public schools serving McPherson, KS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
McPherson High
Grades 9-12 · 692 students
McPherson Middle School
Grades 6-8 · 470 students
Washington Elem
Grades PK-5 · 265 students
Eisenhower Elementary
Grades PK-5 · 263 students
Roosevelt Elem
Grades PK-5 · 262 students
Lincoln Elem
Grades PK-5 · 245 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near McPherson, KS?
Want a head-to-head view? Compare McPherson side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in McPherson?
The median home sale price in McPherson is $171,450, down 40.8% from last year.
How long do homes stay on market in McPherson?
Homes typically spend 5 days on market before going under contract.
What is the median income in McPherson?
The median household income is $77,746 per year.
Is McPherson a buyer's or seller's market?
With 45.0 months of supply, McPherson is currently a balanced market.
What is the Zillow home value estimate for McPherson?
The Zillow Home Value Index (ZHVI) for McPherson is $221,999, representing the typical home value in the area.
How much does a single-family home cost in McPherson?
The median single-family home price in McPherson, KS is $171,450 (about $165 per square foot).
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