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McPherson County, KS housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$220,505+2.3% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$47,801About 0.6× the local median income ($78,212): affordable for a typical household
Days on market65 daysFaster than a year ago: sellers have the edge

The typical home in McPherson County, KS is worth $220,505, up 2.3% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $212,909, so the area is 3.6% overvalued. It is a balanced market, leaning toward buyers: homes take about 65 days to sell, listings are up 26% from a year ago, 18% of listings have had a price cut. A household needs about $47,801 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,212. In the latest IRS figures, 49 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$220,505
Change in 1 year+2.3%
Overvalued %+3.6%
Show 6 more
Fair home value$212,909
Change in 5 years+21.5%
Home value to income2.8×
Monthly mortgage payment (20% down)$1,195
Income needed to afford it$47,801
Property tax rate1.37%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,029

Market activity

Listings vs a year ago+26.1%
Days on market65
Listings with a price cut18.0%
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Homes for sale87
Pending sales per 100 listings39
Asking price per sq ft$121

People and jobs

Median household income$78,212
Population change (1 year)−0.1%
Unemployment rate1.9%
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Population30,064
Income adjusted for cost of living$91,050
Net moves in (IRS)+49
Cost of living (US = 100)85.9

Schools, risk and environment

School rating (1 to 10)5.0
FEMA hazard risk score (0 to 100)39.2
Flood risk score33.2
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Wildfire risk score67.4
Walkability (1 to 20)6.6
Road, rail and air noise51 dB

Questions people ask

Is McPherson County, KS overvalued?
Home prices in McPherson County, KS are slightly above what local incomes have historically supported: fair value is about $212,909, so the area is 3.6% overvalued.
Is McPherson County, KS a buyer's or seller's market?
McPherson County, KS is a balanced market, leaning toward buyers: homes take about 65 days to sell, listings are up 26% from a year ago, 18% of listings have had a price cut.
Are home prices going down in McPherson County, KS?
Home values in McPherson County, KS are up 2.3% over the last year.
How much do you need to earn to buy a home in McPherson County, KS?
A household needs about $47,801 a year to afford the typical home in McPherson County, KS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,212.

Nearby and similar counties

ZIP codes in McPherson County (open on the map)

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