Commercial Real Estate Market in McPherson, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 648 off-market properties in McPherson, KS.
Market Trends
McPherson, KS spans 227.2 square miles in McPherson County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in McPherson, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in McPherson, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in McPherson, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in McPherson, KS runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 63.5%
- Industrial 25%
- Commercial 9%
- Open space 2.3%
Largest Zones share of zoned land by district
Single Family Residential
Two Family Residential
Light Industrial
Multiple Family Residential
Agricultural
McPherson, KS zones 4,747 acres across 24 districts. Commercial zoning covers 9% of zoned land, residential 63.5%, open space 2.3% and industrial 25%. The largest single district is Single Family Residential at 29.7%. For commercial buyers the practical constraint is that only 34% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
The purpose of R-1 district is to provide medium density single family dwelling units and certain public facilities and to ensure no uses interfere with health safety order or general welfare of persons residing in the district
Market overview
Demographics & Economy
McPherson, KS has 16,113 residents in 7,097 households. Density runs 71 people per square mile. Median household income here is $80,091 and median gross rent $912 a month.
16,113
Population
7,097
Households
2.3
Avg Household Size
38
Median Age
36%
College-Educated
95%
High-School Grad
227.2 sq mi
ZIP Area
71
Density / Sq Mi
$80,091
Median Household Income
$41,011
Median Earnings
$912
Median Rent
$211,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Conway | — | — |
| Galva | — | — |
| Inman | — | — |
| Canton | — | — |
Commercial property in McPherson, KS asks $580/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in McPherson?
Commercial property in McPherson, KS asks an average of $580 per square foot.
What zoning applies to commercial property in McPherson?
McPherson, KS zones 4,747 acres across 24 districts, of which 9% is commercial and 25% industrial. The largest single district is Single Family Residential at 29.7% of zoned land. The purpose of R-1 district is to provide medium density single family dwelling units and certain public facilities and to ensure no uses interfere with health safety order or general welfare of persons residing in the district Residential zoning covers 63.5% and open space 2.3%.
Where does Realmo's McPherson market data come from?
Realmo compiles McPherson, KS figures from 46 active sale listings, 5 active lease listings, 648 tracked off-market properties, the current McPherson zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 46 active for-sale and 5 active for-lease listings in McPherson, KS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,747 zoned acres across 24 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
