McPherson, KS housing market
The median sale price was $171,000 in May 2026.
Home values, sales, trends and how McPherson compares with the towns next door — updated as new data is published.
McPherson at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 37% in 5 years
The federal house price index for the ZIP code around McPherson rose 37% over the past 5 years, slower than across Kansas (49%). Last year prices rose 12%. Carrying the Census median home value forward with that index puts the typical McPherson home at roughly $300,000 today.
Show as a table
| Year | Change that year | Since 2000 | Kansas since 2000 |
|---|---|---|---|
| 2025 | +12% | +117% | +137% |
| 2024 | +2.5% | +93% | +128% |
| 2023 | +4.4% | +88% | +115% |
| 2022 | +7.6% | +80% | +101% |
| 2021 | +5.6% | +68% | +76% |
| 2020 | +1.3% | +59% | +59% |
| 2019 | +2.2% | +57% | +53% |
| 2018 | +4.9% | +53% | +47% |
| 2017 | −0.1% | +46% | +40% |
| 2016 | +1.4% | +46% | +35% |
| 2015 | +4.3% | +44% | +29% |
| 2014 | +4.4% | +38% | +25% |
| 2013 | +1.5% | +32% | +22% |
| 2012 | +0.6% | +30% | +21% |
| 2011 | +1.2% | +30% | +22% |
| 2010 | +1.8% | +28% | +24% |
| 2009 | −0.2% | +26% | +25% |
| 2008 | +0.7% | +26% | +27% |
| 2007 | +1% | +25% | +27% |
| 2006 | +5.5% | +24% | +24% |
| 2005 | +2.6% | +17% | +20% |
| 2004 | +6.4% | +15% | +15% |
| 2003 | +1.9% | +7.6% | +11% |
| 2002 | +2.9% | +5.6% | +8.5% |
| 2001 | +2.7% | +2.7% | +4.8% |
| 2000 | — | — | — |
How McPherson ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 67460, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
40 new homes permitted in 2025
Builders were permitted 40 new homes in McPherson in 2025: 24 single-family houses and 16 in buildings with two or more homes, worth about $7.3 million to build. That's 2.9 per 1,000 residents, slower than across Kansas (3.7). Over the past 10 years, McPherson has permitted 401 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, McPherson gained 927 residents while 530 new homes were permitted: about 1.7 new residents per new home. Building and growth moved roughly in step. Across Kansas: 1.1 new residents per new home.
How McPherson ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 30 | 16 | 14 | $5.4 million |
| 2025 | 40 | 24 | 16 | $7.3 million |
| 2024 | 48 | 26 | 22 | $8.6 million |
| 2023 | 56 | 24 | 32 | $10 million |
| 2022 | 28 | 26 | 2 | $4.7 million |
| 2021 | 25 | 25 | 0 | $3.7 million |
| 2020 | 17 | 15 | 2 | $4.7 million |
| 2019 | 25 | 13 | 12 | $5.1 million |
| 2018 | 16 | 16 | 0 | $1.9 million |
| 2017 | 16 | 16 | 0 | $1.9 million |
| 2016 | 130 | 23 | 107 | $12.4 million |
| 2015 | 125 | 23 | 102 | $12.1 million |
| 2014 | 100 | 22 | 78 | $10.1 million |
| 2013 | 39 | 27 | 12 | $5.9 million |
| 2012 | 41 | 37 | 4 | $7.7 million |
| 2011 | 17 | 9 | 8 | $2.2 million |
| 2010 | 21 | 17 | 4 | $3.6 million |
| 2009 | 20 | 11 | 9 | $2.3 million |
| 2008 | 22 | 16 | 6 | $3.6 million |
| 2007 | 31 | 21 | 10 | $4.3 million |
| 2006 | 33 | 33 | 0 | $5.7 million |
| 2005 | 46 | 33 | 13 | $6.7 million |
| 2004 | 46 | 44 | 2 | $7.1 million |
| 2003 | 32 | 23 | 9 | $4.8 million |
| 2002 | 36 | 31 | 5 | $5.4 million |
| 2001 | 128 | 32 | 96 | $10 million |
| 2000 | 32 | 28 | 4 | $4.9 million |
McPherson's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How McPherson ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
McPherson and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| McPherson | — | +12.4%† | $940 | 40 | $77,529 |
| McPherson | $219K | +2.7% | $940 | — | $71,875 |
| King City | — | +12.4%† | $940 | — | $157,944 |
| Jackson | — | +12.4%† | $940 | — | — |
† FHFA price index change, where Zillow has no home value for the town.
2.7 years of income
The typical McPherson home costs about 2.7 years of the town's median household income, less than across Kansas (3.4 years).
How McPherson ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $940
HUD's Fair Market Rent for a two-bedroom in McPherson is $940 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in McPherson pay a median of $925. A two-bedroom takes about 15% of the town's median household income.
Studio $690 · 4 bedrooms $1,390
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (67460; McPherson County, KS), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.