Sheridan, WY Housing Market

Sheridan, WY's median home value is $443K, up 4.7% over the past year. Homes here sell in a median 57 days. Its PropertyIQ Score of 40 sits modestly below the state average of 50.

PropertyIQ tracks the Sheridan, WY housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this WY market is set to perform against its state benchmark.

Mountain West markets combine outdoor lifestyle appeal with booming tech and remote-work migration. Cities across Colorado, Utah, Arizona, and Nevada have experienced some of the nation's fastest appreciation, though rising interest rates have introduced new dynamics to these previously red-hot markets. Within the Mountain West, Sheridan, WY's PropertyIQ Score of 40 runs below the Mountain West norm.

The PropertyIQ Score for the Sheridan, WY market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag.

View Sheridan, WY's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.