Sheridan, MT County has a housing market that is currently experiencing strong growth. The median value of homes in the area is $184,000 which is significantly below the US house median value of $338,100. However, what makes this market so attractive is that it has seen an impressive 1 year appreciation rate of 14.7%, which is more than double the US national annual appreciation rate of 8.27%. This indicates that investing in the area's real estate market could be a wise decision with potentially high returns.
The median home cost in Sheridan County is $184,000. Home appreciation the last 10 years has been 128.5%. Home Appreciation in Sheridan County is up 20.3%.
Average Age of Homes
- The median age of Sheridan County real estate is 58 years old
The Rental Market in Sheridan County
- Renters make up 20.6% of the Sheridan County population
- 3.5% of houses and apartments in Sheridan County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.