House Prices

House Prices & Home Values Sedan, NM 2026


Average Data

average house price$465,000
average size per house2000 ft²
average price per ft²233 $ / ft²

04/21/2026 - The value range (VR) for house prices in Sedan, NM is $233/ sqft to $233/ sqft. An average home with 2000 sqft costs approximately $466,000 to $466,000. Sedan, NM includes 1 ZIP codes and it is located in Union county. The lowest prices are found in ZIP 88436, while the highest are in ZIP 88436. The average price per sqare feet is $233. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Sedan

88436218 $ / ft²




Historical development of home values in Sedan

Year Estimated value (USD) Change vs. 2025
2010 $215,954 -53.6%
2011 $207,603 -55.4%
2012 $207,044 -55.5%
2013 $214,783 -53.8%
2014 $225,463 -51.5%
2015 $237,035 -49.0%
2016 $249,405 -46.4%
2017 $262,866 -43.5%
2018 $277,399 -40.3%
2019 $290,262 -37.6%
2020 $305,267 -34.4%
2021 $347,208 -25.3%
2022 $404,766 -13.0%
2023 $426,845 -8.2%
2024 $451,539 -2.9%
2025 $465,000 0.0%

Graph: estimated home values in Sedan over time (USD)



Example: 100% financing house in Sedan

Loan amount: $465,000

Interest rate: 6.00%

Fixed monthly payment: $2,787.91

Breakdown in the 1st month:
Interest portion: $2,325.00  –  Principal portion: $462.91

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $27,744.66 $5,710.25 $459,289.75
2 $27,392.47 $6,062.45 $453,227.30
3 $27,018.55 $6,436.37 $446,790.93
4 $26,621.57 $6,833.35 $439,957.58
5 $26,200.10 $7,254.82 $432,702.76
6 $25,752.64 $7,702.28 $425,000.48
7 $25,277.58 $8,177.34 $416,823.14
8 $24,773.22 $8,681.70 $408,141.45
9 $24,237.75 $9,217.17 $398,924.28
10 $23,669.26 $9,785.66 $389,138.62
11 $23,065.70 $10,389.22 $378,749.40
12 $22,424.92 $11,030.00 $367,719.40
13 $21,744.61 $11,710.31 $356,009.09
14 $21,022.34 $12,432.58 $343,576.52
15 $20,255.53 $13,199.39 $330,377.13
16 $19,441.42 $14,013.50 $316,363.63
17 $18,577.10 $14,877.82 $301,485.81
18 $17,659.47 $15,795.45 $285,690.36
19 $16,685.24 $16,769.68 $268,920.67
20 $15,650.92 $17,804.00 $251,116.68
21 $14,552.81 $18,902.11 $232,214.57
22 $13,386.97 $20,067.95 $212,146.62
23 $12,149.22 $21,305.70 $190,840.92
24 $10,835.13 $22,619.79 $168,221.13
25 $9,439.99 $24,014.93 $144,206.21
26 $7,958.81 $25,496.11 $118,710.09
27 $6,386.26 $27,068.66 $91,641.43
28 $4,716.73 $28,738.19 $62,903.24
29 $2,944.22 $30,510.70 $32,392.54
30 $1,062.38 $32,392.54 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Sedan, NM


1500 sqft3900 sqft
Ø selling price$422,896$899,614
Ø fast selling$384,451$809,652
Ø high price sale$461,341$989,575

In 2026, houses in Sedan, NM will be offered at an average price of $233 per square foot. A 1,500 sqft home priced at $422,896 is 21.46% more expensive per square foot than a 3,900 sqft home priced at $899,614. Home prices in Sedan, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $622,809. Sellers who can wait longer may achieve a higher price of up to $761,212.


Discover Sedan, New Mexico

Overview

Sedan, NM is a quiet unincorporated community in Union County on the rolling High Plains of northeastern New Mexico.

Location and Landscape

Surrounded by wide-open ranchland and prairie grass, Sedan offers sweeping skies, brilliant sunsets, and classic Southwest horizons. Its location south of Clayton and near the New Mexico?Texas?Oklahoma tri-state area makes it a convenient stop on rural road trips across the Great Plains.

History and Community

Founded around agriculture and cattle ranching, the community reflects the heritage of homesteaders who shaped the region's resilient frontier economy. Today, neighbors gather at local churches, school events in nearby towns, and seasonal brandings, preserving small-town traditions with genuine hospitality.

Things to See and Do

Travelers come for birding on the shortgrass prairie, photography of stormy skies, and stargazing under exceptionally dark, low-light-pollution nights. Nearby attractions include Capulin Volcano National Monument, Clayton Lake State Park with dinosaur tracks, and scenic drives along US 64/87.

Travel Tips

Weather can be windy and variable, so pack layers, sun protection, and plenty of water for safe exploring in this semi-arid climate.
Best time to visit Sedan, New Mexico is spring and fall, when wildflowers bloom, wildlife is active, and temperatures are comfortable. For travelers seeking authentic rural New Mexico, Sedan delivers open spaces, friendly faces, and a peaceful pace that invites you to slow down and stay awhile.



FAQ – Home Values in Sedan

What is the median home value in Sedan in 2026?

In 2026, the typical home value in Sedan is about $465,000 for an average home size of 2000 square feet. This corresponds to an average price of roughly $233 per square foot.

What is the average cost per square foot in Sedan?

In 2026, homes in Sedan sell for an average of around $233 per square foot, with a typical range between $233 and $233 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Sedan is about 2000 square feet, with an estimated 2026 value around $465,000.



Locations close to Sedan, NM

Santa Rosa, NM116 $ / ft²
San Jon, NM118 $ / ft²
Newkirk, NM130 $ / ft²




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