Sheridan, WY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Sheridan, WY is $367,450, down 12.5% year-over-year. Homes sell in an average of 50 days with 95 active listings. The market is currently a leaning buyer's.
$367,450median sale price
Is Sheridan a buyer's or seller's market?
Sheridan, WY is currently a leaning buyer's, based on 5.3 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
50
Average pace
Active listings
95
5.3 months supply
Sale-to-list
—
Below asking
Sheridan, WY market data
| Metric | Value |
|---|---|
| Median sale price | $367,450 |
| Median list price | $349,250 |
| Year-over-year price change | -12.5% |
| Average days on market | 50 days |
| Active inventory | 95 listings |
| Months of supply | 5.3 months |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Sheridan housing market is currently classified as a leaning buyer's with a median sale price of $367,450. Prices have fallen 12.5% compared to last year, with homes spending an average of 50 days on market, indicating 5.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Sheridan
There are currently 95 homes listed for sale in Sheridan, Wyoming. The median listing price is $349K.
Active listings
95
Homes on market
Median list price
$349K
Avg. days on market
50
Days until sale
New this week
20
Newly listed
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Frequently asked questions
What is the average home price in Sheridan?
The median home sale price in Sheridan is $367,450, down 12.5% from last year.
How long do homes stay on market in Sheridan?
Homes typically spend 50 days on market before going under contract.
Is Sheridan a buyer's or seller's market?
With 5.3 months of supply, Sheridan is currently a leaning buyer's.
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