Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$442,028+0.5% YoY · prices are flat
Market right nowBalanced, leaning buyersMore homes for sale than last year, 10% have cut their price
Income needed to buy, per year$95,822About 1.3× the local median income ($75,757): a stretch for a typical household
Days on market87 daysSlower than a year ago: buyers have time to negotiate
The typical home in Sheridan County, WY is worth $442,028, up 0.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $411,663, so the area is 7.4% overvalued. It is a balanced market, leaning toward buyers: homes take about 87 days to sell, listings are up 8% from a year ago, 10% of listings have had a price cut. A household needs about $95,822 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,757. Typical rent is $1,622 a month. In the latest IRS figures, 416 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$442,028
Change in 1 year
+0.5%
Overvalued %
+7.4%
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Fair home value
$411,663
Change in 5 years
+22.7%
Home value to income
5.8×
Monthly mortgage payment (20% down)
$2,396
Income needed to afford it
$95,822
Property tax rate
0.55%
Rent and investing
Typical rent
$1,622
Price-to-rent ratio
22.7×
HUD Fair Market Rent, 2 bedrooms
$1,168
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Gross rental yield
4.40%
Cap rate (estimate)
2.86%
Market activity
Listings vs a year ago
+8.0%
Days on market
87
Listings with a price cut
10.3%
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Homes for sale
217
Pending sales per 100 listings
0
Asking price per sq ft
$297
People and jobs
Median household income
$75,757
Population change (1 year)
+0.9%
Unemployment rate
2.2%
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Population
33,241
Income adjusted for cost of living
$82,704
Net moves in (IRS)
+416
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
9.2
FEMA hazard risk score (0 to 100)
65.2
Unhealthy air days a year
0
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Flood risk score
74.4
Wildfire risk score
93.9
Walkability (1 to 20)
7.5
Road, rail and air noise
52 dB
Questions people ask
Is Sheridan County, WY overvalued?
Home prices in Sheridan County, WY are slightly above what local incomes have historically supported: fair value is about $411,663, so the area is 7.4% overvalued.
Is Sheridan County, WY a buyer's or seller's market?
Sheridan County, WY is a balanced market, leaning toward buyers: homes take about 87 days to sell, listings are up 8% from a year ago, 10% of listings have had a price cut.
Are home prices going down in Sheridan County, WY?
Home values in Sheridan County, WY are up 0.5% over the last year.
How much do you need to earn to buy a home in Sheridan County, WY?
A household needs about $95,822 a year to afford the typical home in Sheridan County, WY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,757.