The typical owner-occupied home in Seligman is worth about $88,200, 78% below the Arizona median of $394,500 and 73% below the national median of $332,700. Owners pay a median $909 a year in property taxes, about 1.03% of their home's value, higher than the Arizona rate of 0.48%. The median household earns $51,875 a year, so the median home costs 1.7 times the median income (4.9 times for Arizona). 48% of occupied homes here are lived in by their owners, and 14% of those owners still have a mortgage.
Seligman at a glance
| Seligman | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $88,200 | $394,500 | $332,700 |
| Median property tax paid per year | $909 | $1,879 | $3,119 |
| Property tax as a share of value | 1.03% | 0.48% | 0.94% |
| Median household income | $51,875 | $79,964 | $80,734 |
| Homes lived in by their owners | 48% | 67% | 65% |
| Owner homes with a mortgage | 14% | 62% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,803 | $1,963 |
| Median rent | $675 | $1,543 | $1,413 |
| Rent as a share of renters' income | 36.1% | 30.8% | 30.6% |
| Median year homes were built | 1958 | 1992 | 1980 |
| Vacant homes | 10.6% | 10.5% | 10.1% |
| Population | 549 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Seligman
At this week's average 30-year rate of 7.11%, buying the median Seligman home of $88,200 with 20% down costs about $587 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $734, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $25,162 for the 20%-down payment. That payment is 14% of the median Seligman household income of $51,875; at that income and 20% down, the 28% guideline points to a home of about $182,000.
The median rent here is $675 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $17,640 |
|---|---|
| Loan amount | $70,560 |
| Principal and interest | $475 |
| Property taxes (1.03% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $37 |
| PMI | $0 |
| Total per month | $587 |
Change the numbers in the calculator
| Down payment | $3,087 |
|---|---|
| Loan amount | $86,602 |
| Principal and interest | $583 |
| Property taxes (1.03% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $37 |
| FHA mortgage insurance | $39 |
| Total per month | $734 |
Change the numbers in the calculator
Questions about home buying in Seligman
What is the median home value in Seligman?
About $88,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Seligman?
Homeowners pay a median $909 a year, which is about 1.03% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Seligman?
For the median home with 20% down at 7.11%, the payment is about $587 a month. Keeping that under 28% of gross income takes about $25,162 a year.
More about Seligman
- Mortgage Refinance in Seligman
- Debt Relief in Seligman
- Home Equity Loans in Seligman
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data