The typical home value in
Sheridan
is projected to be
$305,560
for the month of
January.
December’s
finalized data reported the typical value of a home in the
city
to be
$327,000—down
23.95%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$399,000
in
Sheridan County
for the most recent reporting period.
That number is expected to float around
$358,640
in
January.
Sheridan
had
16
new listings and
19
listings that went under contract in
December,
decreasing
the area’s total available inventory to
83—down
19.42%
from the previous month. Inventory is projected to have further
decreased
in
January.
Of those
83
active listings,
6.02%
reduced their price in the month of
December.
The median listing price for homes in
Sheridan
fell
27.18%
from
November
to
December,
bringing the current median listing price to
$397,000.
Based on projected data for
January,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
fell sharply
year-over-year. In
December 2025,
the median time for a listed property to go pending was
59
days, compared to
70
days in
December 2024.
However, in recent months the median number of days from listed to pending appears to be
rising.
That trend is predicted to have carried through to this
January.
