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Keller Williams Central
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Sheridan real estate Market Report.
Information and statistics on the latest trends in the Sheridan real estate market, updated for May 2026. *
The typical home value in Sheridan is projected to be $366,030 for the month of April. March's finalized data reported the typical value of a home in the city to be $366,500—down 22.35% over the previous 12 months. For comparison, county-level data pegged home values at $408,450 in Sheridan County for the most recent reporting period. That number is expected to float around $423,050 in April.
Sheridan had 35 new listings and 28 listings that went under contract in March, and this decreasing trend left the area's total available inventory at 99—down 1.0% from the previous month. Inventory is projected to decrease in April.
Of those 99 active listings, 13.13% reduced their price in the month of March. The median listing price for homes in Sheridan grew 7.45% from February to March, bringing the current median listing price to $375,000. Based on projected data for April, listing prices may continue to grow.
The number of days that homes have been on the market prior to going under contract fell year-over-year. In March 2026, the median time for a listed property to go pending was 61 days, compared to 70 days in March 2025. In recent months the median number of days from listed to pending appears to be decreasing. That trend is predicted to have carried through to this April.
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Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Learn more about what Sheridan has to offer.
Sheridan offers residents a high quality of life with easy access to outdoor recreation, a vibrant arts scene, and a welcoming, walkable downtown.
Sheridan stands apart from nearby communities like Buffalo and Gillette with a rare blend of authentic Western heritage and an unusually rich arts and culture scene. Historic downtown streets frame views of the Bighorn Mountains, while locally owned shops, galleries, and the WYO Theater keep everyday life feeling connected and personal.
Residents value Sheridan’s walkable core and access to open space. Kendrick Park and its ice cream stand are summer staples, and hikers and cyclists head toward the Bighorns on routes maintained by Sheridan Community Land Trust. Families pay close attention to schools, including Sheridan High School, and make regular use of the Sheridan County YMCA and the Sheridan County Fulmer Library. Local events at the Sheridan County Fairgrounds and classic spots like King’s Saddlery Museum keep the area’s ranching roots in daily view.
For current residents, a thoughtful pricing and marketing strategy is important as buyer demand shifts with seasonal tourism and regional energy markets. For those considering a move to Sheridan, preparation matters just as much, from understanding in-town neighborhoods like Railroad Historic District to planning for acreage outside city limits. Agent Pronto connects you with the right real estate professional so both buyers and sellers can navigate timing, competition, and negotiations with confidence.
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“Jessica is very professional with her work, she is easy to talk to. She answers our questions knowledgeably and explains it to us. If we want to view a property she acts on it right away. Clayton took really good pictures of our condo, he's nice and friendly. Of course I would recommend them to people I know. Keep up the good work. Cheers!”
RE/MAX Saskatoon
“Gary was referred to me by family that has used him in many home purchases and he was great to work with. He had excellent knowledge of the area is was looking to buy in and we found something right away. This was my first time buying and Gary made the whole process super easy. He was always available to me anytime I need him or if I had a question about something. I would highly recommend Gary to anyone that's looking for to buy. Gary you are awesome thank you again.”
Berkshire Hathaway Home Services Northwest Real Estate
“The Burks-Sutten team are great! Couldn't recommend them enough!”
Century 21 New Millennium
“Very amazing guy to deal with. Down to earth and very knowledgeable. Our sale was very easy and well planned. Nate is very respectful and positive. Highly highly recommend”
EXP Realty LLC
“Working with Chris Smith was a smooth process. How he explained the different aspects involved in the sale of the property was exceptional. His communication at each point was immensely appreciated. Any anxiety expressed was dispelled by his encouragement and enthusiasm. He had knowledge of the process and presented same appropriately.”
Century 21 Community
“Katherine Schaumburger and her team performed with very effeciently and professionally after I listed our home with them> My circumstance was unique in that I moved out of state shortly after I signed on to have the Schaumburger Team handle the selling of our home. Everything was handled long distance and with my well being in mind! The end resulted in the successful selling of our home and receiving a far better end result than I had anticipated! I would whole heartedly recommend the Schaumburger organizion for any Real Estate transaction! Sincerely. Dan Hallgren”
eXp Realty
“Nicole was very helpful to answer all our questions as first time homebuyers. She walked us through everything step by step. She was communicative with us and was easy to reach when we needed her advice. We highly recommend her to other clients as the overall experience was very positive.”
Weichert REALTORS® - Courtney Valleywide
“Patsy was wonderful, sweet lady to work with! Quick to get things done and you can tell she really cares for what she does! She made this whole process go smoothly!”
Century 21 Clinkenbeard Agency
“I can't recommend Carissa enough! She helped us sell our home after we moved out of state. She consistently communicated feedback from perspective buyers, and made the process of selling easy, advising on negations with the buyers, and bridging the gap between us and the title company.”
All City Real Estate
“Brett was recommended to me by a lender early in my home buying process. I reached out via a cold email and received a response within 10 minutes—we connected the next day, and I immediately knew he was a great fit. As a first-time homebuyer, I really appreciated how knowledgeable, responsive, and patient he was. He explained each step clearly so I always felt confident, and he was never pushy—he gave honest input, walked through pros and cons, and let me make decisions at my own pace. Even though I wasn’t buying a high-priced home, Brett treated me like a top-tier client and always made me feel valued. He advocated for me every step of the way and kept everything on track. I’d gladly work with him again and highly recommend him to anyone buying a home.”
RE/MAX Real Estate Concepts
“Bobby was recommended by a good friend and I couldn't have been happier with him or his daughter, Sarah. In less than a week we had a contract.”
Comey & Shepherd, Realtors
“Tiffanie always came with positive energy and a smile. I appreciate the fact that she wants to make sure the client is pleased, and at the same time, not taken for granted. Tiffanie allows the client to take his or her time without complaint. I felt valued with Tiffanie as my realtor, as well as with her patience and support in my new home search. I pray that God continues to bless her and her family.”
EXP Realty
“Very Thankful for Chris and his team. Made buying my first home super simple and very convenient. Would recommend him and his team over any others!”
Exp Realty, LLC
“We had an amazing experience working with Jerry! He was professional, responsive, knowledgeable, and made the entire process feel smooth and stress-free from start to finish. We always felt supported and knew we were in great hands. Highly recommend to anyone looking to buy or sell a home!”
Century 21 Gold Standard
“We would like to thank Barrett for his time and effort in finding our perfect home. Barrett went out of his way helping us make decisions. He polite and pleasant never making us feel rushed. His southern style is charming. We will think of him as a friend. Thank you Barrett great job. Best of luck with you future closings.”
Century 21 Ocean
“Dunja is my girl !! Love working with you! And will do so again ! You've helped our family buy a home and sell a home all within one year !! Thank you for being apart of us accomplishing our goals ! We appreciate all of your time and effort. Always quick and available to respond. I'd happily recommend you to anyone. Can't wait for our next journey !”
Century 21 North East
“Tammy Tingle was an absolutely amazing agent from beginning to end in all aspects of our selling experience. She IS the best!!”
Century 21 Miller Elite
“I am so grateful for everything Lynn Moore did to help me find my new home. She communicated beautifully every step of the way and always make sure I felt informed and supported her dedication thoroughness and truly thoughtful approach turned what could've been a stressful process into a smooth and positive experience. Lynn is exceptional at what she does..”
RE/MAX Executives
“Kelly was excellent in her advice and help with getting the home in markatable condition. The house was a mess and she took it on along with her sugested contractors. I work 2 hours away so I counted on her for inspections, etc.”
The Norton Agency
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Sheridan. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Sheridan Realtor® or real estate agent today.