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Sedillo

Learn about the people, housing, costs and businesses in Sedillo, New Mexico

Median Home$397,900
Median Rent$1,425/month
Population723
Leading IndustriesRetail · Arts, Food & Hospitality · Healthcare19% retail
Home Value Growth⬆⬆+14.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners96% of occupied units
NotableHigh Incomes$107k/year · top 13% nationally
NotableHighly Educated25% bachelor's · 12% graduate · top 18% nationally
Sedillo
NM

Frequently Asked Questions

What are today's mortgage rates in Sedillo?

As of today, the 30-year fixed mortgage rate for Sedillo is approximately 6.868% (6.903% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sedillo?

The median home value in Sedillo is $398k. The median monthly rent is $1,425. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sedillo?

Home values in Sedillo have increased 14.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sedillo?

Based on a typical all-in ownership cost of $1,593/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sedillo is $107k/year.

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What industries drive the economy in Sedillo?

The largest employment sectors in Sedillo are retail (19%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.