Is Sheridan Lake, CO 81071 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Sheridan Lake is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Sheridan Lake housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Kiowa County, CO

Population	298
Median income	$53,558
Average income	$102,802
Median home value	$157,800
Median rent	$763/month
Owner-occupied	52% of homes
Median year built	1971
Walkability	6.8 of 20 · below average

Natural hazard riskHail (very high), winter storms (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 81071; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 81071

Prefilled for 81071Can I win this house?Multiple-offer likelihood for a listing Prefilled for 81071Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Eads 81036 — /sq ft Haswell 81045 — /sq ft Browse all markets →

Where Sheridan Lake is

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Questions about Sheridan Lake real estate

What are property taxes in Sheridan Lake?

About 0.58% of a home’s value a year in Kiowa County, or roughly $2,320 on a $400,000 home.

Local agents

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More tools for 81071

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Kiowa County property taxes Kiowa County loan limits Closing costs in Colorado Hottest ZIP codes in Colorado

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology