Sheridan Metro Area, WY Housing

The housing market in Sheridan, WY Metro Area is thriving. The median value of houses in the area is currently around $400,500 while the US median value is $338,100. This shows that housing in this area is higher than the national average. In addition, the one-year appreciation rate for housing in Sheridan Metro Area is 14.45%, which is much higher than the US average of 8.27%. This indicates that house prices are increasing quickly and are a sound investment opportunity. Overall, it can be said that housing in Sheridan Metro Area provides good value and potential for high returns on investment.

The median home cost in Sheridan Metro Area is $400,500. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Sheridan Metro Area is up 16.7%.

Average Age of Homes

- The median age of Sheridan Metro Area real estate is 41 years old

The Rental Market in Sheridan Metro Area

- Renters make up 26.8% of the Sheridan Metro Area population
- 0.9% of houses and apartments in Sheridan Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sheridan, Wyoming	United States
	14,817.0	139,647,020.0
	43	42
	$400,500	$338,100
	16.7%	16.6%
	51.6%	57.0%
	67.7%	101.1%
	$5.86	$10.98
	$1,698	$2,690
	60.2%	57.4%
	12.2%	11.2%
	27.6%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	7.8%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.3%	2.4%
	0.3%	2.8%
	2.3%	3.9%
	0.2%	4.5%
	6.3%	11.3%
	13.2%	13.0%
	26.3%	20.1%
	17.9%	13.6%
	10.3%	8.3%
	11.1%	9.7%
	1.3%	3.9%
	1.6%	2.2%
	1.6%	0.8%
	3.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	13.6%	13.6%
	13.6%	13.6%
	11.7%	13.6%
	12.5%	13.2%
	16.3%	14.8%
	11.7%	13.6%
	6.9%	10.0%
	4.5%	4.7%
	17.0%	12.2%

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