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McPherson

McPherson

Urban Pioneer Neighborhood in Dayton, Ohio

Montgomery County 45405
$233,114 Average Value
$148 Average Price per Sq Ft
5 Homes For Sale

McPherson offers historic architecture and downtown access

McPherson is a small neighborhood near Dayton's city center known for its restored homes and surrounding amenities. The area's historic district is filled with ornate Victorian houses that have been thoughtfully revitalized. Residential areas are peaceful and walkable, with low traffic flow and quick access to bike trails along the Miami River. While most of McPherson is made up of businesses, main roads lead you across the river to Downtown Dayton, the nearest shopping, dining and entertainment hub.

Most McPherson homes are 19th-century Queen Annes or Victorians.
Most McPherson homes are 19th-century Queen Annes or Victorians.
You can visit the Dayton Art Institute in neighboring Grafton Hill.
You can visit the Dayton Art Institute in neighboring Grafton Hill.
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Explore restored historic homes and condo options

The McPherson Town Historic District blends preserved 19th-century homes with newer infill housing that matches the neighborhood's original architecture. Each home is unique, but many have similar design elements, like:

  • Ornate roof trims
  • Colorful exterior paint
  • Scalloped siding
  • Victorian-style bay windows
  • Covered porches and second-floor balconies
The Neighborhood Development Corporation (NDC) has been a major player in revitalizing McPherson by rehabilitating vacant properties and building infill homes. Over 90% of the community's houses have been fully renovated since the 1970s, and the former Hawthorne School is now a renter-friendly condo complex because of the NDC's advocacy.

Many homes have Victorian design elements, like large bay windows.
Many homes have Victorian design elements, like large bay windows.
Historic homes often have covered porches and second-level balconies.
Historic homes often have covered porches and second-level balconies.
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What homes cost when they eventually come on the market

People tend to stay in the neighborhood for a while, so homes don't often go up for sale. When a home does make it on the market, prices range between the upper $100,000s and the upper $300,000s. Hawthorne School condos sell in the low to mid-$100,000s.

McPherson is one of Dayton's first suburbs, and many original homes still stand.
McPherson is one of Dayton's first suburbs, and many original homes still stand.
Some homes have red-brick exteriors and large windows.
Some homes have red-brick exteriors and large windows.
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How McPherson compares to nearby communities

"I really think the next up-and-coming historical neighborhood, and it's been up-and-coming for years, is McPherson," says David Moyer, Realtor with Keller Williams Advisors Realty. "It's growing in its own way, and it's a nice little insulated neighborhood surrounded by the interstate and the river. It doesn't really have any competing neighborhoods." If you were to compare McPherson to nearby communities, you'd find:

  • Riverdale: a slowly revitalizing neighborhood with relatively lower-value homes
  • Grafton Hill: a well-preserved historic district with cultural attractions and popular events
  • Downtown Dayton: a bustling city center packed with businesses and rental complexes
  • Webster Station: a nightlife hub with loft-style housing, breweries and restaurants

McPherson is just a short walking or biking distance away from downtown Dayton.
McPherson is just a short walking or biking distance away from downtown Dayton.
McPherson is mostly businesses and office buildings, but residential streets are on the western side of the community.
McPherson is mostly businesses and office buildings, but residential streets are on the western side of the community.
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Walk the neighborhood, drive downtown or bike along the river

Sidewalks and quiet roads make the neighborhood very walkable. "The neighborhood has beautiful wrought iron gates that help to prevent too much through traffic," Moyer says. "It preserves the peacefulness of the community." The community is also bike-friendly since the Great Miami River Recreational Trail passes through the area. You can ride along the Miami River shoreline or connect to the bike lanes that line the bridges crossing into downtown Dayton. Drivers also have easy access to the bridge crossings, as well as Interstate 75, since the closest onramp is in the neighborhood.

Trees shade McPherson Town Park's grassy field and playground.
Trees shade McPherson Town Park's grassy field and playground.
Deeds Point MetroPark has impressive fountain displays and walking paths.
Deeds Point MetroPark has impressive fountain displays and walking paths.
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Students attend Dayton schools in McPherson and downtown

McPherson is part of the Dayton Public Schools district. Kids can walk to River's Edge Montessori School, a prekindergarten through sixth-grade school inside the neighborhood. Students are across the river from Stivers School for the Arts, a highly rated public magnet school, and Sinclair Community College.

River's Edge Montessori School is inside McPherson.
River's Edge Montessori School is inside McPherson.
Students at Stivers School for the Arts in McPherson are talented and high achieving.
Students at Stivers School for the Arts in McPherson are talented and high achieving.
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Shopping, dining and entertainment are across the Miami River

McPherson has no shopping or dining, but "everything you'd ever need is right across the bridge," says Realtor Miranda Biedenharn of Comey & Shepherd Realtors. Downtown Dayton is a hub for highly rated restaurants and entertainment venues, like the Benjamin & Marian Schuster Performing Arts Center. Neighboring Webster Station has cocktail lounges and brewpubs, while the Oregon district is known for its walkable shopping areas.

Mudlick Tap House is an upscale gastropub in downtown Dayton.
Mudlick Tap House is an upscale gastropub in downtown Dayton.
Flying Pizza serves the best pizza in the heart of Dayton.
Flying Pizza serves the best pizza in the heart of Dayton.
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Isabel Butler
Written By
Isabel Butler
Kayleigh Ulrich
Photography Contributed By
Kayleigh Ulrich
EB Fox
Video By
EB Fox

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

James M Cox Dayton International

19 min drive

Bus

Riverview & Floral

Bus

Riverside & River

Bus

Riverview & El Morado

Bus

Riverview & Wilbe

Bus

Main & Babbit

Bus

Main & Mcpherson

Bus

Main & Emmet

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime McPherson US
Homicide 6 4
Sexual Assault 7 4
Assault with Weapon 7 4
Robbery 6 4
Burglary 7 4
Motor Vehicle Theft 7 4
Larceny 5 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

McPherson Demographics and Home Trends

Housing Trends

Median List Price
$149,950
Median Sale Price
$245,000
Median Single Family Sale Price
$254,250
Median 2 Bedroom Sale Price
$149,950
Median Change From 1st List Price
0%
Last 12 months Home Sales
3
Median Home Sale Price YoY Change
83%
Average Price Per Sq Ft
$148

Neighborhood Facts

Number of Homes
119
Number of Homes for Sale
5
Median Year Built
1895
Months of Supply
20.00
Average Single Family Home Size Sq Ft
1,886
On par with the national average
1,930
Average Townhouse Size Sq Ft
2,758
Average 2 Bedroom Size Sq Ft
874
Average 1 Bedroom Size Sq Ft
677
Median Lot Size Sq Ft
4,356

Distribution of Home Values

Source: Public Records

Homes for Sale

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
488
Median Age
47
Population Density
5 ppl/acre
Population under 18
13.5%
Below the national average
23.8%
Population over 65
23.8%
On par with the national average
19.1%

Finances

Median Household Income
$47,702
Significantly below the national average
$79,601
Average Household Income
$57,482

Education and Workforce

High School Graduates
98%
Above the national average
89%
College Graduates
55.2%
Above the national average
34.1%
Advanced Degrees
22.1%
% Population in Labor Force
69.7%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
22°F
Average Summer High Temperature
86°F
Annual Snowfall
21''

Area Factors

Very Bikeable

Bike Score®

89 / 100

Somewhat Walkable

Walk Score®

69 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
McPherson