Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sedan area can be challenging. Home prices in Sedan are now at a median cost of $287,500, higher than the New Mexico average of $199,923.
The average cost of rent is $461/mo in Sedan, primarily driven by the current value of real estate in the Sedan area. While nearly 86.39% of residents own their homes outright in Sedan, 25.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sedan is $3,173 per month. Households that rent pay about 14.53% of their income on rent here. Sedan's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Thomas, NM: equally priced homes
- Bueyeros, NM: less expensive homes
- Dalhart, TX: less expensive homes
- Cactus, TX: less expensive homes
- Mills, NM: less expensive homes
- Sunray, TX: less expensive homes
- Taylor Springs, NM: less expensive homes
- Wagon Mound, NM: less expensive homes
- Morse, TX: less expensive homes
- Gruver, TX: less expensive homes
Cities with Similar Populations
- Fritchton, IN: less expensive homes
- Gipsy, AL: less expensive homes
- Georgetown, IA: less expensive homes
- Gemmell, MN: less expensive homes
- Garwood, WV: less expensive homes
- Garlandville, AR: less expensive homes
- Garland, MT: equally priced homes
- Garland, MO: less expensive homes
- Gammon, AR: equally priced homes
- Galen, MT: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood