Metropolitan market · Wyoming · June 2026 data

Sheridan Real Estate Market

As of June 2026, the median home listed in Sheridan, WY asks $552,375 — down 3.2% year over year. Homes sell in a median of 59 days, with 243 active listings and 10% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$552,375
▼ 3.2% YoY
Median $ / sq ft
$309
1,920 sq ft median
Median days on market
59
June 2026
Active listings
243
For sale now
New listings
80
June 2026
Listings with price cuts
10%
Share of active
Median sale price (closed)
$425,000
▼ 7.4% YoY · closed sales
Sale-to-list ratio
100.0%
Closed sales
Homes sold / month
51
Closed sales

Sheridan housing market statistics

The table summarizes Sheridan's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Sheridan, WY housing market at a glance — June 2026
MetricLatestDetail
Median listing price$552,375-3.2% YoY
Median price per sq ft$3091,920 sq ft median
Median days on market59+36% YoY
Active listings243+36% YoY
New listings this month80June 2026
Listings with a price cut10%Share of active
Median sale price (closed)$425,000-7.4% YoY
Sale-to-list ratio100.0%Closed sales

How have home prices changed in Sheridan?

Sheridan home prices are down 3.2% year over year and +7.3% month over month as of June 2026, at a $552,375 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$578K$548K$519K$490K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Sheridan WY · trailing 8 quarters · source: public records and industry data.

The 10-year view
$785K$657K$530K$402K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Sheridan WY · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Sheridan?

Sheridan has 243 active listings, 80 new this month, 2 pending as of June 2026. About 10% of active listings have cut their price, and inventory sits at 114% of its 2019 level — a balanced market by pace.

Active listings
243
New this month
80
Pending
2
Price-reduced
24

Is Sheridan a good real estate investment?

Sheridan scores 26/100 on WealthyBud's composite Investor Score, ranking #872 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
26/100
#872 of 932 covered metros
12-month outlook
-3.3%
▼ Cooling · model output, not advice
Momentum
47
Value
11
Rental yield
3
Supply risk
74
Market heat
44

Sheridan scores 26/100 on our composite Investor Score (#872 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 114% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 3.2% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Sheridan ranks on the trending markets index.

How much is a monthly mortgage payment in Sheridan?

A home at Sheridan's $552,375 median listing runs about $2,773 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$2,490/mo
−$283/mo vs today
At today's rate · 6.43%
$2,773/mo
National weekly average
If rates rise 1% · 7.43%
$3,069/mo
+$296/mo vs today

Principal & interest on the $552,375 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Sheridan housing market?

Longer-run demand in Sheridan shows up in 378 homes permitted in 2025; net migration of +416 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
378
▲ 22.3% vs 2024
12.0 per 1,000 residents
Net migration (2022–2023)
+416
▲ people, via tax-return records
net income flow +$32.5M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Sheridan housing market FAQ

What is the median home price in Sheridan?
As of June 2026, the median listing price in Sheridan, WY is $552,375, down 3.2% year over year (source: public records and industry data). Figures cover the Sheridan, WY metro area.
How much does it cost to buy a home in Sheridan?
The median home listed in Sheridan asks $552,375 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,773 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Sheridan?
The median property in Sheridan spends 59 days on the market, with 243 homes actively listed and 10% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Sheridan?
With a median 59 days on market and 10% of active listings carrying a price cut, Sheridan reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Sheridan a good place to invest in real estate?
Sheridan scores 26/100 on WealthyBud's Investor Score, ranking #872 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Sheridan?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Sheridan and the wider Wyoming market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Sheridan, WY metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.