Sheridan Housing Market Report February 2025•Sheridan County, Wyoming

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Housing Prices in Sheridan, WY

How much do homes in Sheridan, WY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$602,450$287/SqFt
-$37,450
-5.9%

Based on all homes listed in February 2025

Insight

The list price of homes in Sheridan has decreased by 5.9% since January.

Summary: The median home list price in Sheridan was $602,450 in February 2025, down 5.9% from the previous month, and the median price per square foot was $287.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2$289K$304.2K
+5.3%
3$644.4K$632K
-1.9%
4$532K$532K
0.0%
5$2.1M$2.1M
0.0%

Summary: Sheridan housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +5.3%. The home price for 3 bedroom homes decreased by -1.9%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Sheridan, WY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Sheridan, WY

Housing supply in Sheridan, WY

How many homes are available in Sheridan, WY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
22Last MonthFeb 2025
212 months agoJan 2025
+4.8 %
Change MoMJan – Feb

Summary: The Sheridan real estate market had 22 homes for sale in Feb 2025, a 4.8 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
212
+100.0%
388
0.0%
488
0.0%
544
0.0%

Summary: Sheridan housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Sheridan, WY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Sheridan, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sheridan in February 2025, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.

Days on Market for Sheridan, WY

How long does it take to sell a home in Sheridan, WY?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days3 Homes

Insight

Most homes in Sheridan are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 4 homes were sold in Sheridan; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
133 DaysLast MonthFeb 2025
121 Days1 month agoJan 2025
+10.0 %
Change MoMJan – Feb

Summary: Homes in Sheridan had an average listing age of 133 days in Feb 2025, up by 10.0% compared to the previous month.

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Newest Listings in Sheridan, WY

What homes are available in Sheridan, WY?

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Nearby markets

Nearby markets aren't available for Sheridan, WY

Popular Cities with Homes for Sale in Wyoming

MLS Disclaimers and Copyright

Based on information from Wyoming MLS, and Stellar MLS for the period 01/01/2025 - 03/01/2025

IDXDisclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Wyoming MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/19/2025, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/18/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.