Is Sheridan, MT 59749 a buyer’s or seller’s market?

The Sheridan housing market right now

In the three months ending August 31, 2026, 0% of homes in Sheridan, MT 59749 sold above their list price, the typical home went under contract in 70 days and there were 23.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (57 days then) and the median sale price rose 59% to $689,702. Overall, Sheridan is less competitive than a year ago, which gives buyers more room.

Within Madison County, homes here sell faster than in 78% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.