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These days, finding an affordable place to live in the Sedalia area can be challenging. Home prices in Sedalia are now at a median cost of $320,864, lower than the North Carolina average of $323,314.
The average cost of rent is $1,113/mo in Sedalia, primarily driven by the current value of real estate in the Sedalia area. In Sedalia, 10.41% of households rent, and 42.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sedalia is $8,374 per month. Households that rent pay about 13.29% of their income on rent here. Sedalia’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whitsett, NC: less expensive homes
- McLeansville, NC: less expensive homes
- Gibsonville, NC: less expensive homes
- Elon, NC: higher priced homes
- Ossipee, NC: less expensive homes
- Alamance, NC: equally priced homes
- Julian, NC: equally priced homes
- Glen Raven, NC: less expensive homes
- Elon College, NC: less expensive homes
- Burlington, NC: less expensive homes
Cities with Similar Populations
- Freedom, ME: less expensive homes
- Sioux Rapids, IA: less expensive homes
- Simonton, TX: higher priced homes
- Silas, AL: less expensive homes
- Shelby, NE: less expensive homes
- Schodack Landing, NY: equally priced homes
- Sageville, IA: equally priced homes
- Kennard, NE: higher priced homes
- James, TX: less expensive homes
- Gladbrook, IA: less expensive homes
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