Mortgage Rates in Sedalia, MissouriMarch 2026

Updated March 2026 | Based on Sedalia market data and regional lending conditions

30-Year Fixed
6.43%
15-Year Fixed
5.67%
Median Home Price
$115,000
Est. Monthly Payment
$668

Sedalia is a growing city in Missouri with a population of 21,848. The current 30-year fixed mortgage rate in Sedalia is 6.43%, which is 0.22% below the national average. With a median home price of $115,000 and a 20% down payment of $23,000, homebuyers can expect a monthly principal and interest payment of approximately $577.

Current Mortgage Rates in Sedalia, MO

Below are the current average mortgage rates available in the Sedalia area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.43%6.65%-0.22%
15-Year Fixed5.67%5.89%-0.22%
5/1 ARM5.93%6.15%-0.22%
FHA6.03%6.25%-0.22%
VA5.83%6.05%-0.22%
Jumbo6.63%6.85%-0.22%

Sedalia Housing Market Overview

The Sedalia housing market offers relatively affordable housing compared to many major cities. The median household income in Sedalia is $35,000, and the cost of living index is 77 (national average = 100). Based on the 28% affordability rule, the median income in Sedalia is sufficient to afford the median-priced home.

Population
21,848
Median Income
$35,000
Property Tax Rate
0.95%
Cost of Living
77
Down Payment (20%)
$23,000
Income Needed
$28,629

Monthly Payment Breakdown for Sedalia

Based on the median home price of $115,000 with 20% down ($23,000), here is what you can expect to pay monthly in Sedalia:

Principal & Interest (30-yr at 6.43%)$577
Property Tax$91
Estimated Insurance$29
Total Estimated Monthly$697

15-Year vs. 30-Year Mortgage in Sedalia

Choosing a 15-year mortgage in Sedalia at 5.67% instead of a 30-year at 6.43% would save you $70,920 in total interest over the life of the loan. However, your monthly payment would be $760 instead of $577 — an increase of $183 per month.

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Frequently Asked Questions About Mortgages in Sedalia

What are the current mortgage rates in Sedalia, MO?

As of March 2026, the average 30-year fixed mortgage rate in Sedalia, Missouri is 6.43%, while the 15-year fixed rate is 5.67%. FHA loans average 6.03% and VA loans 5.83%. These rates are 0.22% below the national average of 6.65%.

How much is a monthly mortgage payment in Sedalia?

Based on the median home price of $115,000 with 20% down, the estimated monthly mortgage payment in Sedalia is $577 for principal and interest. Including property taxes of $91/month, the total monthly housing cost is approximately $668.

What income do I need to buy a home in Sedalia?

Using the 28% rule, you would need an annual income of approximately $28,629 to afford the median-priced home in Sedalia at $115,000. The median household income in Sedalia is $35,000. The median income is currently sufficient to meet this threshold.

Is Sedalia a good place to buy a home in 2026?

Sedalia offers a below-average cost of living with a cost of living index of 77 (national average = 100). The property tax rate in Missouri is 0.95%, which is near the national average. Sedalia has a population of 21,848 and offers a very affordable lifestyle.

Mortgage Rates in Other Missouri Cities

Kansas City, MO
6.73% | $215,000
Springfield, MO
6.73% | $195,000
Columbia, MO
6.73% | $235,000
St. Louis, MO
6.73% | $165,000
Independence, MO
6.73% | $175,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Sedalia, Missouri area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.