Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 223, 71 total housing units (homes and apartments), and a median house value of $879,238, Sedalia house prices are not only among the most expensive in Colorado, Sedalia real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Sedalia, accounting for 69.66% of the town's housing units. Other types of housing that are prevalent in Sedalia include duplexes, homes converted to apartments or other small apartment buildings ( 15.73%), row houses and other attached homes ( 14.61%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sedalia. Owner-occupied housing accounts for 90.14% of Sedalia's homes, and 57.30% have either three or four bedrooms, which is average sized relative to America.
The housing in Sedalia was primarily built before 1939 ( 55.06%), making the housing stock in Sedalia some of the oldest overall in America, although there is a range of ages of homes in Sedalia. The next most important housing age is between 1940-1969 ( 30.34%), followed by between 2000 and later ( 8.99%). There's also some housing in Sedalia built between 1970-1999 ( 5.62%).
Vacant housing appears to be an issue in Sedalia. Fully 20.22% of the housing stock is classified as vacant. Left unchecked, vacant Sedalia homes and apartments can be a drag on the real estate market, holding Sedalia real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Sedalia has experienced some of the highest home appreciation rates of any community in the nation. Sedalia real estate appreciated 46.02% over the last ten years, which is an average annual home appreciation rate of 3.86%, putting Sedalia in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sedalia definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Sedalia that despite a nationwide downturn in the housing market, Sedalia real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sedalia appreciation rates continue to be some of the highest in America, at 7.13%, which is higher than appreciation rates in 82.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sedalia. Sedalia appreciation rates in the latest quarter were at 2.55%, which equates to an annual appreciation rate of 10.59%.
Importantly, this makes Sedalia one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Colorado, our data show that Sedalia's latest annual appreciation rate is lower than 50% of the other cities and towns in Colorado.
|$998,001 - $1,331,000||20.2|
|$665,001 - $998,000||47.3|
|$532,001 - $665,000||6.6|
|$399,001 - $532,000||6.5|
|$266,001 - $399,000||1.5|
|$133,001 - $266,000||3.5|
|$67,001 - $133,000||0.0|
|$0 - $67,000||1.4|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Sedalia HOMES|
|2000 or Newer||9.0|
|1970 - 1999||5.6|
|1940 - 1969||30.3|
|1939 or Older||55.1|
|TYPE OF Sedalia HOMES|
|Small Apt. Buildings||15.7|
|SIZE OF Sedalia HOMES|
|5 or more bedrooms||0.00|