McPherson, KS · Market Data

McPherson, Kansas real estate market data.

Real estate market data for McPherson, KS (McPherson County) — Census median home value $204,300, county listing prices up about 5.9% over the past year.

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McPherson, KS is in McPherson County, Kansas — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 13,956, with a median household income of $77,746. Census data puts McPherson's median home value at $204,300.

At a glance

McPherson market snapshot

Population

13,956

Median Household Income

$77,746

Median Home Value (city)

$204,300

Median Gross Rent

$898/mo

Price Trend (YoY)

+5.9%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why McPherson

What makes McPherson different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts McPherson's median home value — across all owner-occupied homes, not just recent sales — at $204,300.

County Price Trend

McPherson County's FHFA house price index shows a 5.92% annual change in 2025.

Population & Income

McPherson has an estimated population of 13,956 and a median household income of $77,746, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

McPherson's Census-reported median home value works out to about 2.6x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

McPherson FAQ

What are home values like in McPherson, KS?

The Census Bureau's American Community Survey puts McPherson's median home value at $204,300.

What is the population of McPherson, KS?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts McPherson's population at approximately 13,956.

What's the median rent in McPherson, KS?

The Census ACS estimates median gross rent in McPherson at approximately $898 per month.

What is the median household income in McPherson, KS?

Census ACS data puts the median household income in McPherson at approximately $77,746.

Is the McPherson housing market growing?

McPherson County's FHFA house price index shows a 5.92% annual change in 2025.

Is McPherson, KS affordable relative to income?

Census ACS data puts McPherson's median home value at about 2.6 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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