Is Sheridan, WY 82801 a buyer’s or seller’s market?
Sheridan is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 17% of U.S. ZIP codes, and #20 of 28 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Sheridan housing market right now
In the three months ending August 31, 2026, 1% of homes in Sheridan, WY 82801 sold above their list price, the typical home went under contract in 53 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 116 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (1% then), homes sold faster (57 days then) and the median sale price fell 14% to $409,048. Overall, Sheridan is about as competitive as it was a year ago.
Within Sheridan County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Sheridan ranks #20 of 28 WY ZIP codes with enough sales (score 23 out of 100).
Run the numbers for 82801
Nearby markets
Banner 82832Balanced $452 /sq ftBig Horn 82833 — /sq ftClearmont 82835 $393 /sq ftDayton 82836Seller’s market $264 /sq ft Browse all markets →Towns like Sheridan nearby
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Questions about Sheridan real estate
Is Sheridan a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Sheridan, WY 82801 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Sheridan?
The typical home went under contract in 53 days in the latest three months.
Do homes in Sheridan sell over asking?
1% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Sheridan?
About 0.55% of a home’s value a year in Sheridan County, or roughly $2,200 on a $400,000 home.
What is the median home price in Sheridan?
The median sale price was $409,048 in the three months ending August 31, 2026, about $274 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology