Market Intelligence Report — KS-700

McPherson, KS

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KS-07
As of the latest 2026 data
Stabilizing

Median Listing

$251K
-3.4% YoY

Pending Ratio

0.53
-6.4% YoY

Active Inventory

84
+29.5% YoY

Median DOM

61 Days
+38.1% YoY

Primary Intelligence Tool — Sold Score™

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The McPherson housing market exhibits stabilizing conditions, with a pending ratio of 0.53 indicating a balance between demand and available inventory. Median listing prices have experienced a modest year-over-year contraction of 3.4%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the McPherson market right now.

Active listings have seen a substantial year-over-year increase of 29.5%, contributing to an expansion of supply. New listings declined by 7.1% over the past year, while the median days on market extended by 38.1% to 61 days. The pending ratio currently stands at 0.53, registering a 6.4% year-over-year decrease.

Historical Analysis

Market Trends

Median Price

$251K-3.2% MoM

Active Inventory

84+29.5% YoY

Days on Market

61+38.1% YoY

Sold Score™

55-6.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

55
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Current market dynamics suggest that demand absorption is broadly aligned with available supply, leading to a more balanced environment for transaction negotiations. The increase in median days on market to 61 days implies that properties are taking longer to move through the sales cycle, potentially affording buyers more time for due diligence. Inventory levels are not exerting significant pressure towards rapid sales, supporting price discipline.

Luxury Segment

The average listing price increased by 14.2% year-over-year, outpacing the 3.4% year-over-year decline in the median listing price. This divergence, alongside a 13.5% year-over-year increase in median $/sqft, suggests that higher-priced segments may be experiencing different price dynamics compared to the broader market, though average-vs-median spread analysis alone is not conclusive for luxury softness.

Supply Dynamics

84 active listings represent the current floor, with new supply arriving at roughly 26 per month.

Pricing Pressure
16.0%

of active listings carry a price reduction, -3.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +13.5% year-over-year.

Absorption
0.53

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in McPherson, KS? Homes here are taking 17 days longer to sell than last year.

McPherson, KS is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
53%
Median Days on Market
61 days
Inventory YoY
+29%

McPherson, KS is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
McPherson, KS
CBSA Code
32700
State
KS
Analysis FAQ
  • What is the current market condition in McPherson?+

    As of the latest 2026 data, the McPherson metro is classified as Stabilizing. Pending ratio is 0.53 with median days on market at 61.

  • Are home prices dropping in McPherson?+

    Median listing price is $251K, -3.4% year over year. 16.0% of active listings carry a price reduction.

  • How fast are homes selling in McPherson?+

    The typical listing sits 61 days on market, a +38.1% change YoY. New listings are arriving at 26 per month.

  • What's happening in the McPherson luxury market?+

    The average listing price increased by 14.2% year-over-year, outpacing the 3.4% year-over-year decline in the median listing price. This divergence, alongside a 13.5% year-over-year increase in median $/sqft, suggests that higher-priced segments may be experiencing different price dynamics compared to the broader market, though average-vs-median spread analysis alone is not conclusive for luxury softness.

  • Where can I find a trusted McPherson real estate expert?+

    Primpted maintains a vetted registry of McPherson agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 32700 · 36mo history