CALCMONEY // HOME AFFORDABILITY // AZ // SEDONA
How much house can you afford in Sedona? Based on local median home prices, current AZ mortgage rates, and Sedona property tax data.
$850,000
$5,221/mo
$223,747/yr
$187,903
Monthly housing costs of $5,221 represent 83.5% of Sedona's median gross monthly income ($6,250/mo). At 83.5%, median-income buyers in Sedona are significantly stretched — well above the 28% guideline. A larger down payment or higher income is required.
| Median Home Price | $850,000 |
| Down Payment (20%) | $170,000 |
| Loan Amount | $680,000 |
| Monthly PI Payment | $4,456 |
| Monthly Property Tax | $411 |
| Monthly Insurance Est. | $354 |
| Total Monthly PITI | $5,221 |
| Housing Cost % of Income | 83.5% |
| Required Income (28% rule) | $223,747/yr |
| Max Affordable Home | $187,903 |
$29,750
$6,721/mo
Sedona Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $850,000 | Sedona city median |
| Down Payment (20%) | $170,000 | Conventional loan |
| Monthly PITI | $5,221 | 6.85% rate, 30yr fixed |
| Required Income (28% rule) | $223,747 | Annual gross |
| Max Affordable Home | $187,903 | Based on median income |
| FHA Down (3.5%) | $29,750 | Minimum FHA |
| Housing Cost % of Income | 83.5% | Median income: $75,000/yr |
| Property Tax Rate | 0.58% | $4,930/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Sedona is $850,000, with a local 30-year mortgage rate of 6.85%. A buyer putting 20% down carries a loan of $680,000, generating a monthly P&I payment of $4,456. Adding property taxes ($411/mo) and homeowners insurance ($354/mo) brings total monthly PITI to $5,221.
Sedona's property tax rate of 0.58% is among the lower rates in the country, which improves overall affordability by keeping total PITI closer to the principal and interest payment alone. On the Sedona median home, that is $411/month, or $4,930 per year.
Arizona levies a state income tax, which affects take-home pay and effective buying power. High-income earners in Sedona should factor state tax liability into their overall housing budget — mortgage interest may be deductible on both federal and state returns.
Using the 28% rule, a household earning Sedona's median income of $75,000/year can afford up to $1,750/month in total housing costs. Based on Sedona's mortgage rate of 6.85% and property tax rate of 0.58%, that translates to a maximum affordable home price of approximately $187,903 with 20% down on a 30-year loan.
To afford the median Sedona home priced at $850,000, you need an annual gross income of approximately $223,747. Total monthly housing costs (principal and interest of $4,456, property taxes of $411, and insurance of $354) come to $5,221/month, which equals 28% of the required income.
At the median home price of $850,000 and median household income of $75,000, the total monthly housing cost of $5,221 represents 83.5% of gross monthly income. This is well above the standard 28% threshold, making Sedona a challenging market for buyers at median income.
A conventional 20% down payment on the median Sedona home of $850,000 is $170,000. An FHA loan requires just 3.5% down — $29,750 — but adds mortgage insurance of roughly $581/month, bringing total FHA payments to $6,721/month.