The housing market in McPherson, KS County is vibrant and growing. According to the data given, the median value of a house in McPherson is $187,900, which is less than the US house median value of $338,100. Moreover, in the last year there has been an impressive appreciation rate of 11.27% in McPherson as compared to 8.27% for houses across the United States. This shows that McPherson's housing market has been outperforming national standards and continuing to grow at a healthy pace. Therefore, it can be concluded that McPherson has a stable and prosperous housing market that is providing a good investment opportunity.
The median home cost in McPherson County is $187,900. Home appreciation the last 10 years has been 53.2%. Home Appreciation in McPherson County is up 11.6%.
Average Age of Homes
- The median age of McPherson County real estate is 50 years old
The Rental Market in McPherson County
- Renters make up 21.3% of the McPherson County population
- 0.8% of houses and apartments in McPherson County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.