Is Sheridan County, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sheridan County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Sheridan County was a Seller's Market.

Key Takeaway

Sheridan County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Sheridan County, WY cost?

Median Sold Price

$349,900

$257/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$19,905(+6.0%)

Key Takeaway

Homes in Sheridan County have sold for 6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 $258K-
N/A
3 $374.9K$337.5K
-10.0%
4 $478.7K$432.4K
-9.7%
5+ --
N/A

How many homes are available in Sheridan County, WY?

Number of Homes For Sale

Sep 2022Oct 2022%
3028-6.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 12
+100.0%
2 44
0.0%
3 129
-25.0%
4 99
0.0%
5+ 44
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sheridan County, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Sep 2022Oct 2022%
61 Days50 Days-18.4%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sheridan County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Sheridan County, WY

Sheridan County, WY has 28 homes on the market. Between September 2022 and October 2022, Sheridan County, WY real estate market has seen decrease in the number of listings by 6.7%. In October 2022 median list price was $349,900 and the average listing age was 50 days. Real estate listing prices changed between October 2021 and October 2022: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went down by 10%, prices of 4 bedrooms properties went down by 9.7%, 5 bedrooms properties became 0% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went up by 100%, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes went down by 25%, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes have not changed. In October 2022 more than 1 listings in Sheridan County, WY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.

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