Banner Housing Market Report May 2025•Sheridan County, Wyoming

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Housing Prices in Banner, WY

How much do homes in Banner, 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.
$512,250$292/SqFt
+$62,250
+13.8%

Based on all homes listed in May 2025

Insight

The list price of homes in Banner has increased by 13.8% since April.

Summary: The median home list price in Banner was $512,250 in May 2025, up 13.8% from the previous month, and the median price per square foot was $292.

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.
BedsApr 2025May 2025Change MoM
1--
N/A
2$439.5K$450K
+2.4%
3-$429K
N/A
4--
N/A
5$915K$857.5K
-6.3%

Summary: Banner housing price by bedroom type for May 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 +2.4%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes decreased by -6.3%.

How does Banner, WY compare with other places?

Market comparison tool

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

Banner, WY

Housing supply in Banner, WY

How many homes are available in Banner, 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
6Last MonthMay 2025
32 months agoApr 2025
+100.0 %
Change MoMApr – May

Summary: The Banner real estate market had 6 homes for sale in May 2025, a 100.0 % increase compared to Apr 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.
BedsApr 2025May 2025Change MoM
100
0.0%
223
+50.0%
301
+100.0%
400
0.0%
512
+100.0%

Summary: Banner housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.

Days on Market for Banner, WY

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

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
94 DaysLast MonthMay 2025
147 Days1 month agoApr 2025
-35.9 %
Change MoMApr – May

Summary: Homes in Banner had an average listing age of 94 days in May 2025, down by 35.9% compared to the previous month.

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Newest Listings in Banner, WY

What homes are available in Banner, WY?

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Nearby markets

Nearby markets aren't available for Banner, WY

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MLS Disclaimers and Copyright

Based on information from Wyoming MLS, for the period 04/01/2025 - 06/01/2025

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: 6/4/2025, 3:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.