Total monthly cost of ownership
Cost to Own a Home in Sedan, Kansas
A $42,000 home here costs
$571per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $24,500 a year.
A standard mortgage calculator would have told you $229. The real number is $342 higher every month, 149% more than the payment most buyers budget for.
Compare Chautauqua County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Sedan from a five-year rolling sample, and with about 1,066 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Chautauqua County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Sedan against Chautauqua County and Kansas
| Measure | Sedan | Chautauqua County |
|---|---|---|
| Median home value | $42,200 | $63,300 |
| Median property tax | $951 | $1,012 |
| Effective tax rate | 2.254% | 1.599% |
| Median gross rent | $803 | $713 |
| Population | 1,066 | 3,370 |
The weather behind that power bill
Sedan sits in Chautauqua County, which averages a high of 91.5°F in its hottest month and a low of 21.6°F in its coldest, with 40.54" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 1,604 cooling and 4,359 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Chautauqua County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chautauqua County
No other places of this size are published in Chautauqua County.
Full Chautauqua County cost breakdown · Every county in Kansas
Talk to someone who works this market
These are Sedan averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Sedan every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Sedan?
A $42,000 home in Sedan, Kansas costs approximately $571 per month with 20% down at 7.24%. That is $229 principal and interest, $79 property tax, $24 homeowners insurance, $204 utilities and $35 set aside for maintenance.
What is the property tax rate in Sedan?
Sedan has an effective property tax rate of 2.254%, based on a median home value of $42,200 and median real estate taxes of $951. That is higher than the Chautauqua County average of 1.599%.
What is the average home price in Sedan?
The median owner-occupied home value in Sedan, Kansas is $42,200, against $63,300 across Chautauqua County.
Is it cheaper to rent or buy in Sedan?
Median gross rent in Sedan is $803 a month, against $571 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Sedan?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sedan, Kansas at today's rate takes a household income of roughly $24,500 a year. That covers the full $571 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sedan, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Kansas.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.