Brokers — List your Company Here
Featured local agent — Sheridan, WY
Sarah Mitchell
Compass Real Estate · Sheridan, WY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Sheridan, WY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$415,000median sale price
How is the Sheridan, WY housing market right now?
The median home sale price in Sheridan, WY is $415,000, down 4.6% year-over-year. Homes sell in an average of 59 days with 108 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Sheridan a buyer's or seller's market?
Sheridan, WY is currently a balanced market, based on 3.1 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
35
Last 12 weeks
Days on market
59
Average pace
Active listings
108
3.1 months supply
Sale-to-list
100.0%
Above asking
What does the Sheridan housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $415,000 |
| Median list price | $420,000 |
| Year-over-year price change | -4.6% |
| Average days on market | 59 days |
| Active inventory | 108 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $262/sq ft |
| Homes sold (latest month) | 35 |
| New listings (latest month) | 33 |
| Listings with a price cut | 25.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Sheridan by property type?
How the Sheridan, WY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $415,000 | $262/sq ft | 33 | 59 days |
| Condo / Co-op | $359,000 | $475/sq ft | 1 | 38 days |
| Townhouse | $322,500 | $270/sq ft | 2 | 115 days |
Source: Redfin · Updated monthly
The Sheridan housing market is currently classified as a balanced market with a median sale price of $415,000. Prices have fallen 4.6% compared to last year, with homes spending an average of 59 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.2x provides context for how home values compare to local earning capacity.
Homes for sale in Sheridan
There are currently 108 homes listed for sale in Sheridan, Wyoming. The median listing price is $420K.
Active listings
108
Homes on market
Median list price
$420K
Avg. days on market
59
Days until sale
New this week
33
Newly listed
Who lives in Sheridan?
Population
19,035
Median income
$61,598/yr
Median age
39.7 years
Owner-occupied
62.0%
College grads
34.8%
Avg commute
12.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Sheridan?
Zillow home value
$442,247
Price-to-income
7.2x
Source: Zillow Research
What is it like to live in Sheridan?
Sheridan is a community of approximately 19K residents with a median age of 39.7 years.The median household income is $61,598, which represents a working-class community with solid middle-income opportunities. 34.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.0%, showing a blend of owner and renter-occupied properties. The average commute time is 12.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sheridan offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Sheridan?
11 schools tracked · 3,449 students
The largest public schools serving Sheridan, WY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Sheridan High School
Grades 9-12 · 1,064 students
Sheridan Junior High School
Grades 6-8 · 783 students
Sagebrush Elementary
Grades K-5 · 322 students
Meadowlark Elementary
Grades K-5 · 321 students
Highland Park Elementary
Grades PK-5 · 305 students
Woodland Park Elementary
Grades PK-5 · 293 students
Henry A. Coffeen Elementary
Grades K-5 · 286 students
John C. Schiffer Collaborative School
Grades 9-12 · 59 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Sheridan, WY?
Want a head-to-head view? Compare Sheridan side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Sheridan?
The median home sale price in Sheridan is $415,000, down 4.6% from last year.
How long do homes stay on market in Sheridan?
Homes typically spend 59 days on market before going under contract.
What is the median income in Sheridan?
The median household income is $61,598 per year.
Is Sheridan a buyer's or seller's market?
With 3.1 months of supply, Sheridan is currently a balanced market.
What is the Zillow home value estimate for Sheridan?
The Zillow Home Value Index (ZHVI) for Sheridan is $442,247, representing the typical home value in the area.
What is the median condo price in Sheridan?
The median condo/co-op sale price in Sheridan, WY is $359,000, compared to $415,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Sheridan?
The median single-family home price in Sheridan, WY is $415,000 (about $262 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Sheridan, WY
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Sheridan market alerts
Weekly updates on prices, inventory, and trends. Free forever.