Cher Revolinski
Sheridan, WY
Single-Family Homes
Extra Mile Homes w/ EXP Realty
Sheridan, WY
Sat Sep 12 2026
This week the median list price for Sheridan, WY is $597,850 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has increased to 172.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.
Real-Time Market Profile
| Median List Price | $597,850 | |
| Median Price of New Listings | $615,000 | |
| Per Square Foot | $310 | |
| Average Days on Market | 124 | |
| Median Days on Market | 84 | |
| Price Decreased | 31% | |
| Price Increased | 1% | |
| Relisted | 6% | |
| Inventory | 172 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,425,000 | 3,080 | 1 - 2.5 acres | 4 | 4 | 15 | 2 | 0 | 105 |
| $699,900 | 2,315 | 0.25 - 0.5 acre | 4 | 3 | 14 | 3 | 1 | 77 |
| $499,000 | 1,790 | 6,500 - 8,000 sqft | 3 | 2 | 15 | 4 | 3 | 70 |
| $342,500 | 1,211 | 4,500 - 6,500 sqft | 3 | 2 | 70 | 0 | 6 | 91 |