Sheridan, WY
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak Sheridan market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Sheridan, WY.
Sheridan currently exhibits a Very Weak market condition, characterized by a pending ratio of 0.01, indicating extremely limited demand absorption relative to available inventory. The median listing price stands at $585,000, reflecting a modest 1.7% increase over the past year, while active listings have expanded significantly by 23.8% year-over-year.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Sheridan market right now.
The market's trajectory points to a notable softening in demand, evidenced by the pending ratio's 26.1% year-over-year decline to 0.01. Concurrently, active listings have increased by 23.8% over the past year, contributing to an expanded inventory. New listings, however, saw an 11.8% contraction year-over-year. Properties are remaining on the market longer, with the median days on market rising 34.5% year-over-year to 74 days, signaling a slower pace of transactions.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
In this environment, the extended median days on market of 74 and the significant increase in active listings suggest reduced urgency for buyers, allowing for greater negotiation latitude. The extremely low pending ratio indicates substantial inventory pressure, placing the onus on sellers to maintain price discipline. This dynamic translates to a slower transaction pace and increased scrutiny of pricing.
The average listing price of $946,177 significantly exceeds the median listing price of $585,000, yielding a wide average-to-median spread. Concurrently, the average listing price experienced a 7.1% year-over-year increase, while median $/sqft also rose by 6.2% over the same period. This suggests that while luxury inventory might be increasing in value, its absorption at the top tier is not sufficient to counteract overall market weakness.
239 active listings represent the current floor, with new supply arriving at roughly 60 per month.
of active listings carry a price reduction, -4.7% from prior period.
Median price per square foot has moved +6.2% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Sheridan, WY? Homes here are taking 19 days longer to sell than last year.
Buyers have leverage in Sheridan, WY. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 1%
- Median Days on Market
- 74 days
- Inventory YoY
- +24%
In a buyer's market, strategy beats timing. See how your home scores in Sheridan, WY and what moves the number.
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Metro Demographics
ZIPs in Sheridan, WY
82801
sheridan
$585K
188 active · 73 DOM
82834
buffalo
$500K
60 active · 88 DOM
82839
ranchester
$359K
14 active · 92 DOM
82842
story
$572K
12 active · 64 DOM
82836
dayton
$525K
8 active · 44 DOM
82832
banner
$825K
7 active · 140 DOM
82833
big horn
$1.93M
5 active · 99 DOM
82835
clearmont
$675K
1 active · 26 DOM
82845
wyarno
$623K
1 active · 70 DOM
82838
parkman
$570K
1 active · 26 DOM
Sorted by active inventory · click a ZIP for its full report