McPherson County, Nebraska Housing Market
In McPherson County, Nebraska, the median home value is $121,600, with a median monthly rent of $588. This places McPherson County at #2608 nationally out of 3134 counties by median home value, and #71 within Nebraska.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $681
- Establishments: 6
- BLS QCEW, 2025
Migration Patterns
- Inflow: 164 (avg $41,957)
- Outflow: 164 (avg $41,957)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How McPherson County Compares
| Metric | McPherson County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $121,600 | $164,635 | $227,706 |
| Median Gross Rent | $588 | $796 | $968 |
| Owner Occupancy Rate | 65.1% | 74.0% | 73.3% |
| Price/Rent Ratio | 17.2 | 17.2 | 18.7 |
Market Analysis
The median home value in McPherson County is 26.1% below the Nebraska state average and 46.6% below the U.S. national average. The median rent of $588/month is 26.1% below the state average.
With a price-to-rent ratio of 17.2, 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 65.1%, compared to 74.0% in Nebraska and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pike County | Arkansas | $121,600 | $686 |
| Nicholas County | West Virginia | $121,600 | $686 |
| Clarke County | Alabama | $121,700 | $782 |
| Harrison County | Ohio | $121,500 | $785 |
| Hardeman County | Tennessee | $121,700 | $812 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Thayer County | $122,800 | $766 | 77.5% |
| Greeley County | $120,000 | $613 | 81.7% |
| Webster County | $117,600 | $647 | 80.6% |
| Rock County | $117,500 | $644 | 69.3% |
| Blaine County | $116,900 | $873 | 73.6% |
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).