New - 1 day on Rocket
$8,253 Closing Credit¹
Listing Office: Concept Z-Home & Property
Sheridan Housing Market Report December 2024•Sheridan County, Wyoming
Housing Prices in Sheridan, WY
How much do homes in Sheridan, WY cost?
Housing Market Conditions
Is Sheridan, WY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Sheridan is a Seller's Market
Difference Since November 2024
Last month, Sheridan was a Buyer's Market.
Insight
Sheridan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$289,000$222/SqFt
-$74,715
-20.5%
Based on all homes sold in December 2024
Insight
Homes in Sheridan have sold for 20.5% less than they did a month ago.
Summary: The median home sold price in Sheridan was $289,000 in December 2024, down 20.5% from last month, and the median price per square foot was $222.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Sheridan South | $520K | $590K | +13.4% |
| Sheridan | $363.7K | $289K | -20.5% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $290K | $257K | -11.4% |
| 33 Bedrooms | $478.7K | $324K | -32.3% |
| 44 Bedrooms | - | $347.5K | N/A |
| 55+ Bedrooms | - | $560K | +100.0% |
Summary: Sheridan housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -11.4%. The home price for 3 bedroom homes decreased by -32.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +100.0%.
Housing supply in Sheridan, WY
How many homes are available in Sheridan, WY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 24Last MonthDec 2024 | ||
| 312 months agoNov 2024 | -22.6 % Change MoMNov – Dec |
Summary: The Sheridan real estate market had 24 homes for sale in Dec 2024, a 22.6 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthDec 2024 | ||
| 42 months agoNov 2024 | +150.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 4 | -20.0% |
| 33 Bedrooms | 12 | 8 | -33.3% |
| 44 Bedrooms | 9 | 8 | -11.1% |
| 55+ Bedrooms | 5 | 4 | -20.0% |
Summary: Sheridan housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes decreased by -11.1%. The inventory for 5 bedroom homes decreased by -20.0%.
Asking Price vs. Sold Price
How much do homes in Sheridan, WY cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in Sheridan, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Sheridan in December 2024, up by 150.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and and 33% 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 Days6 Homes
Over 90 Days4 Homes
Insight
Avg time on Rocket Homes in Sheridan has remained consistent over time.
Summary: During December 2024, 10 homes were sold in Sheridan; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 104 DaysLast MonthDec 2024 | ||
| 205 Days1 month agoNov 2024 | -49.0 % Change MoMNov – Dec |
Summary: Homes in Sheridan had an average listing age of 104 days in Dec 2024, down by 49.0% compared to the previous month.
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Newest Listings in Sheridan, WY
What homes are available in Sheridan, WY?
New - 7 days on Rocket
$10,000 Closing Credit¹
Listing Office: Impact Properties, LLC
$5,926 Closing Credit¹
Listing Office: Concept Z-Home & Property
Listing Office: Concept Z-Home & Property
Kilian Goldin, Listing Office: UPGRADED REALTY, LLC
$10,000 Closing Credit¹
Listing Office: 307 Real Estate
$7,718 Closing Credit¹
Listing Office: Concept Z-Home & Property
$3,432 Closing Credit¹
Listing Office: Concept Z-Home & Property
Listing Office: Chase Brothers, LLC
Listing Office: Chase Brothers, LLC
Listing Office: Chase Brothers, LLC
$8,194 Closing Credit¹
Listing Office: Coldwell Banker The Legacy Group
Nearby markets
Nearby markets aren't available for Sheridan, WY
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MLS Disclaimers and Copyright
Based on information from Wyoming MLS, and Stellar MLS for the period 11/01/2024 - 01/01/2025
Disclaimer: 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: 1/29/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
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: 1/29/2025, 4:20:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.