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Sedley

Learn about the people, housing, costs and businesses in Sedley, Virginia

Median Home$232,901
Median Rent$967/month
Population542
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation26% healthcare
Home Value Growth⬆⬆+17.1% over 2 years
Retirees25% of residentsabove average nationally
Homeowners74% of occupied units
NotableHighly Educated26% bachelor's · 14% graduate · top 16% nationally
Sedley
VA

Frequently Asked Questions

What are today's mortgage rates in Sedley?

As of today, the 30-year fixed mortgage rate for Sedley is approximately 6.867% (6.902% 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 Sedley?

The median home value in Sedley is $233k. The median monthly rent is $967. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sedley?

Home values in Sedley have increased 17.1% 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 Sedley?

Based on a typical all-in ownership cost of $1,071/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sedley is $67k/year.

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What industries drive the economy in Sedley?

The largest employment sectors in Sedley are healthcare (26%) and public administration (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.