Market Intelligence Report — KS-700

McPherson, KS

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

Ref. No: 2026-KS-05
As of the latest 2026 data
Accelerated

Median Listing

$257K
-7.7% YoY

Pending Ratio

0.73
+3.8% YoY

Active Inventory

77
+32.8% YoY

Median DOM

48 Days
+23.1% YoY

Primary Intelligence Tool — Sold Score™

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The McPherson, KS market is currently in an Accelerated condition. The pending ratio stands at 0.73, indicating strong demand relative to available inventory. Active listings have increased 32.8% year-over-year, while the median listing price has declined by 7.7% over the same period.

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 expanded considerably, up 32.8% year-over-year, alongside a 10.0% increase in new listings. Despite this rise in available properties, the pending ratio improved by 3.8% year-over-year, reflecting continued demand. Median listing prices have reduced by 7.7% annually, yet median days on market extended by 23.1%.

Historical Analysis

Market Trends

Median Price

$257K+3.5% MoM

Active Inventory

77+32.8% YoY

Days on Market

48+23.1% YoY

Sold Score™

60+3.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

60
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 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

The current market dynamics suggest a rapid absorption of available inventory, as evidenced by the 0.73 pending ratio. While inventory has increased, the pace of pending sales will likely limit opportunities for extended negotiations, placing upward pressure on price discipline in certain segments. The extension of median days on market signals that properties require more time to secure offers despite overall demand.

Luxury Segment

The average listing price increased by 6.2% year-over-year, while the median listing price decreased by 7.7% year-over-year. This disparity, coupled with a 3.6% increase in median $/sqft, suggests a potential divergence in performance between the highest and median price tiers. No further distinct luxury-segment signal in this dataset.

Supply Dynamics

77 active listings represent the current floor, with new supply arriving at roughly 44 per month.

Pricing Pressure
11.2%

of active listings carry a price reduction, -5.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.6% year-over-year.

Absorption
0.73

Pending-to-active ratio — Accelerated.

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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 Accelerated. Pending ratio is 0.73 with median days on market at 48.

  • Are home prices dropping in McPherson?+

    Median listing price is $257K, -7.7% year over year. 11.2% of active listings carry a price reduction.

  • How fast are homes selling in McPherson?+

    The typical listing sits 48 days on market, a +23.1% change YoY. New listings are arriving at 44 per month.

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

    The average listing price increased by 6.2% year-over-year, while the median listing price decreased by 7.7% year-over-year. This disparity, coupled with a 3.6% increase in median $/sqft, suggests a potential divergence in performance between the highest and median price tiers. No further distinct luxury-segment signal in this dataset.

  • 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