Cher Revolinski
Sheridan, WY
Single-Family Homes
Extra Mile Homes w/ EXP Realty
Sheridan, WY
Mon Jun 01 2026
This week the median list price for Sheridan, WY is $539,325 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has increased to 156.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.
Real-Time Market Profile
| Median List Price | $539,325 | |
| Median Price of New Listings | $479,750 | |
| Per Square Foot | $308 | |
| Average Days on Market | 111 | |
| Median Days on Market | 56 | |
| Price Decreased | 21% | |
| Price Increased | 0% | |
| Relisted | 6% | |
| Inventory | 156 | |
| Median Rent | ||
| Market Action | 27 | |
| 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 |
|---|---|---|---|---|---|---|---|---|
| $1,375,000 | 3,497 | 1 - 2.5 acres | 4 | 3 | 18 | 5 | 0 | 42 |
| $675,000 | 2,200 | - | 3 | 3 | 19 | 2 | 0 | 63 |
| $424,000 | 1,634 | - | 3 | 2 | 48 | 3 | 6 | 35 |
| $324,900 | 1,211 | - | 2 | 2 | 48 | 6 | 4 | 77 |