McPherson County, Kansas Housing Market

In McPherson County, Kansas, the median home value is $211,200, with a median monthly rent of $916. This places McPherson County at #1294 nationally out of 3134 counties by median home value, and #11 within Kansas.

Median Home Value $211,200
Median Rent $916/mo
Owner Occupancy 75.5%
Price/Rent Ratio 19.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in McPherson County rose +5.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

14,445
jobs (private sector)
  • Avg weekly wage: $1,245
  • Establishments: 874
  • BLS QCEW, 2025
🏗️

Housing Supply

115
new units authorized (2025)
  • Single-family: 99
  • Multi-family: 16
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+648
net migration (filers, 2021-2022)
  • Inflow: 12,232 (avg $81,186)
  • Outflow: 11,584 (avg $82,354)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in McPherson County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 67456 212.2 -1.24% 2025
2 67460 217.0 +12.43% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How McPherson County Compares

MetricMcPherson CountyKansas AverageU.S. Average
Median Home Value $211,200 $138,824 $227,706
Median Gross Rent $916 $802 $968
Owner Occupancy Rate 75.5% 74.2% 73.3%
Price/Rent Ratio 19.2 14.2 18.7

Market Analysis

The median home value in McPherson County is 52.1% above the Kansas state average and 7.2% below the U.S. national average. The median rent of $916/month is 14.2% above the state average.

With a price-to-rent ratio of 19.2, the buy-vs-rent decision in McPherson County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

McPherson County has an owner-occupancy rate of 75.5%, compared to 74.2% in Kansas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Nome Census Area Alaska $211,200 $1,394
Cedar County Iowa $211,300 $879
Henderson County Texas $211,300 $1,048
Carbon County Pennsylvania $211,400 $994
Waupaca County Wisconsin $211,400 $852

Other Counties in Kansas

CountyMedian Home ValueMedian RentOwner Occ.
Jackson County $207,300 $814 77.1%
Ellis County $216,300 $943 63.2%
Gray County $206,000 $808 77.1%
Jefferson County $216,900 $835 85.7%
Nemaha County $217,200 $774 78.0%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).