Is Sheridan County, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sheridan County was a Neutral Market.
Housing Prices in Sheridan County, WY
How much do homes in Sheridan County, WY cost?
Median Sold Price
$360,000
$215/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Sheridan County was $360,000 in April 2024, up 5.9% from last month, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $160K | N/A |
2 Bedrooms | $239.5K | - | N/A |
3 Bedrooms | $340K | $360K | +5.9% |
4 Bedrooms | $450K | $343K | -23.8% |
5+ Bedrooms | - | $672.5K | N/A |
Summary: Sheridan County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Sheridan County | $340K | $360K | +5.9% |
Johnson County | $571.2K | $373K | -34.7% |
Housing Supply in Sheridan County, WY
How many homes are available in Sheridan County, WY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 34 | +6.3% |
Summary: The Sheridan County real estate market had 34 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Sheridan County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Sheridan County in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for Sheridan County, WY
How long does it take to sell a home in Sheridan County, WY?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
120 Days | 106 Days | -11.7% |
Summary: Homes in Sheridan County had an average of 106 days on market in Apr 2024, down by 11.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Sheridan County; 0% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.