Market Intelligence Report — KS-700

McPherson, KS

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

Ref. No: 2026-KS-09
As of the latest 2026 data
Accelerated

Median Listing

$259K
+8.4% YoY

Pending Ratio

0.57
+43.0% YoY

Active Inventory

86
+16.3% YoY

Median DOM

55 Days
-12.1% YoY

Primary Intelligence Tool — Sold Score™

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The McPherson housing market is currently experiencing accelerated activity, driven by a pending ratio of 0.57, which reflects a substantial 43.0% increase over the past year. This acceleration is occurring amidst an 8.4% rise in the median listing price.

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.

Inventory levels have expanded, with active listings up 16.3% year-over-year, yet new listings have declined by 17.6% over the same period. Demand indicators show a robust trend, as the pending ratio increased by 43.0% year-over-year. Concurrently, the median listing price has appreciated by 8.4% compared to the prior year, reaching $258,950.

Historical Analysis

Market Trends

Median Price

$259K+6.0% MoM

Active Inventory

86+16.3% YoY

Days on Market

55-12.1% YoY

Sold Score™

63+43.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

63
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 tightening of inventory absorption, evidenced by the rising pending ratio. While active listings have increased, the decline in new listings points to ongoing supply constraints. Buyers may encounter a more competitive environment, requiring prompt decision-making, while sellers could find greater leverage in pricing and transaction pace.

Luxury Segment

Average listing prices have seen a substantial 18.7% year-over-year increase, outpacing the 8.4% rise in median listing prices. However, the median price per square foot has grown by 9.0%, indicating broad-based appreciation rather than specific luxury-segment softness. No distinct luxury-segment signal in this dataset.

Supply Dynamics

86 active listings represent the current floor, with new supply arriving at roughly 28 per month.

Pricing Pressure
19.9%

of active listings carry a price reduction, -7.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +9.0% year-over-year.

Absorption
0.57

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in McPherson, KS? Homes here are taking 8 days less 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
57%
Median Days on Market
55 days
Inventory YoY
+16%

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 Accelerated. Pending ratio is 0.57 with median days on market at 55.

  • Are home prices dropping in McPherson?+

    Median listing price is $259K, +8.4% year over year. 19.9% of active listings carry a price reduction.

  • How fast are homes selling in McPherson?+

    The typical listing sits 55 days on market, a -12.1% change YoY. New listings are arriving at 28 per month.

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

    Average listing prices have seen a substantial 18.7% year-over-year increase, outpacing the 8.4% rise in median listing prices. However, the median price per square foot has grown by 9.0%, indicating broad-based appreciation rather than specific luxury-segment softness. No 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