Sheridan County, Wyoming Housing Market
In Sheridan County, Wyoming, the median home value is $394,900, with a median monthly rent of $939. This places Sheridan County at #295 nationally out of 3134 counties by median home value, and #3 within Wyoming.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,069
- Establishments: 1,724
- BLS QCEW, 2025
Housing Supply
- Single-family: 293
- Multi-family: 130
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 14,662 (avg $106,751)
- Outflow: 13,105 (avg $103,262)
- IRS Statistics of Income
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See the 2026 FHA and conforming loan limits for Sheridan County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Sheridan County →How Sheridan County Compares
| Metric | Sheridan County | Wyoming Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $394,900 | $346,991 | $227,706 |
| Median Gross Rent | $939 | $941 | $968 |
| Owner Occupancy Rate | 70.7% | 73.6% | 73.3% |
| Price/Rent Ratio | 35.0 | 28.8 | 18.7 |
Market Analysis
The median home value in Sheridan County is 13.8% above the Wyoming state average and 73.4% above the U.S. national average. The median rent of $939/month is about equal to the state average.
With a price-to-rent ratio of 35.0, Sheridan County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Sheridan County has an owner-occupancy rate of 70.7%, compared to 73.6% in Wyoming and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Greene County | Georgia | $394,800 | $924 |
| Wallowa County | Oregon | $394,800 | $981 |
| Dane County | Wisconsin | $394,800 | $1,398 |
| York County | Maine | $395,700 | $1,339 |
| Grand Isle County | Vermont | $394,100 | $1,425 |
Other Counties in Wyoming
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Park County | $400,500 | $925 | 75.3% |
| Sublette County | $376,200 | $1,209 | 83.6% |
| Lincoln County | $372,600 | $960 | 77.0% |
| Laramie County | $348,700 | $1,160 | 70.6% |
| Albany County | $333,000 | $931 | 50.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).