Magnetically responsive phase-change microspheres were prepared and studied in this article. In the synthetic process, oleic acid was used to modify the iron oxide nanoparticles. The ferrite nanoparticles, about 10 nm in diameter, were highly dispersed due to the oleic acid on the surface of the particles, and they were encapsulated in polymethyl methacrylate (PMMA) by microemulsion polymerization with paraffin, which could be presumed from the differential scanning calorimetry (DSC) curves. According to the morphology in the scanning electron microscopy (SEM) image, the average diameter of the microspheres was about 200 nm, a large amount of nano-sized ferrite can be observed in a transmission electron microscope (TEM) image showing the structure of the microspheres. Finally, in the magnetization curve from a vibrating sample magnetometer, the saturation magnetization of microspheres was 12.2 emu/g, which was effective in the compatibility of infrared simulation and microwave absorption.