McPherson County, Kansas home prices
Typical home $220,505 · +2.3% in a year · property tax 1.37%
The typical home in McPherson County is worth $220,505, 10% less than the Kansas typical home ($246,055). Values changed +2.3% in the past year and +21.5% over five years. Homeowners here pay a median 1.37% of their home's value in property tax each year ($3,029 on the typical home), versus 1.24% statewide.
Mortgage on the typical McPherson County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $44,101 | $176,404 | $1,187 | $0 | $363 | $1,549 | $66,400 |
| 10% down | $22,051 | $198,455 | $1,335 | $83 | $363 | $1,780 | $76,300 |
| 5% down | $11,025 | $209,480 | $1,409 | $87 | $363 | $1,859 | $79,700 |
| 3.5% down (FHA) | $7,718 | $216,511 | $1,456 | $98 | $363 | $1,917 | $82,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.37% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Kansas · part of the McPherson metro area.
Kansas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Sheridan County | $222,416 | +8.8% | 1.49% |
| Sedgwick County | $223,622 | +2.6% | 1.21% |
| Osage County | $209,072 | +3.2% | 1.49% |
| Geary County | $208,531 | -2.9% | 1.45% |
| Finney County | $233,147 | -1.9% | 1.44% |
| Ford County | $206,809 | -3.2% | 1.52% |
| Wyandotte County | $206,653 | +2.6% | 1.46% |
| Shawnee County | $205,296 | -0.1% | 1.5% |
| Nemaha County | $240,020 | +8.8% | 0.96% |
| Ellis County | $243,316 | +3.1% | 1.24% |
Frequently asked questions
What is the average home price in McPherson County, KS?
The typical home value in McPherson County is $220,505 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in McPherson County?
About $66,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in McPherson County?
The median effective rate is 1.37% of home value a year (Census ACS 2024 5-year estimates).