Market Intelligence Report — WY-260

Sheridan, WY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-WY-09
As of the latest 2026 data
Stabilizing

Median Listing

$593K
+8.4% YoY

Pending Ratio

—

Active Inventory

223
+11.2% YoY

Median DOM

87 Days
+27.4% YoY

Primary Intelligence Tool — Sold Score™

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The Sheridan, WY residential market is currently exhibiting stabilizing characteristics. Median listing prices have experienced an 8.4% increase over the past year, reaching $593,150, while active listings have expanded by 11.2% year-over-year. The overall market condition is classified as Stabilizing.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Sheridan market right now.

Active listings have increased by 11.2% year-over-year, indicating a gradual expansion of available supply. New listings, however, contracted by 4.3% compared to the prior year. Median days on market extended by 27.4% over the past year, suggesting a slower absorption pace. Concurrently, the median listing price has appreciated by 8.4% year-over-year, while the median price per square foot rose by 5.6% during the same period.

Historical Analysis

Market Trends

Median Price

$593K+1.4% MoM

Active Inventory

223+11.2% YoY

Days on Market

87+27.4% YoY

Pending Ratio

—

Sold Score™ Over Time

Market liquidity index • 36 months

16
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With an increase in active listings and a notable extension in median days on market, the pace of transactions is becoming more measured. This shift introduces greater pressure for price discipline, as supply availability moderates intense competition for properties. Negotiating leverage is evolving, reflecting a more balanced environment in terms of absorption timelines and inventory levels.

Luxury Segment

The average listing price increased by 24.0% year-over-year, significantly outpacing the 8.4% year-over-year increase in the median listing price. This divergence, alongside a 5.6% year-over-year rise in median price per square foot, suggests elevated valuations in higher-priced segments relative to the broader market trend, though a definitive luxury-segment softness signal is not strongly present in this dataset.

Supply Dynamics

223 active listings represent the current floor, with new supply arriving at roughly 44 per month.

Pricing Pressure
15.0%

of active listings carry a price reduction, -2.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.6% year-over-year.

Recommended For This Market

Stabilizing

Selling in Sheridan, WY? Homes here are taking 19 days longer to sell than last year.

We don't have enough recent transaction data for Sheridan, WY to score this market yet — start with the monthly briefing and we'll tell you when it moves.

Median Days on Market
87 days
Inventory YoY
+11%

Not enough recent data to score Sheridan, WY. We'll email you the moment conditions change.

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Agents: no featured expert covers Sheridan, WY yet — claim this market →

How these recommendations are chosen →

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Metro Demographics

Metro Area
Sheridan, WY
CBSA Code
43260
State
WY

ZIPs in Sheridan, WY

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Sheridan?+

    As of the latest 2026 data, the Sheridan metro is classified as Stabilizing. Pending ratio is — with median days on market at 87.

  • Are home prices dropping in Sheridan?+

    Median listing price is $593K, +8.4% year over year. 15.0% of active listings carry a price reduction.

  • How fast are homes selling in Sheridan?+

    The typical listing sits 87 days on market, a +27.4% change YoY. New listings are arriving at 44 per month.

  • What's happening in the Sheridan luxury market?+

    The average listing price increased by 24.0% year-over-year, significantly outpacing the 8.4% year-over-year increase in the median listing price. This divergence, alongside a 5.6% year-over-year rise in median price per square foot, suggests elevated valuations in higher-priced segments relative to the broader market trend, though a definitive luxury-segment softness signal is not strongly present in this dataset.

  • Where can I find a trusted Sheridan real estate expert?+

    Primpted maintains a vetted registry of Sheridan agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 43260 · 36mo history