Markets/Wyoming/Sheridan

Sheridan, WY Real Estate Market 2026

Investor-grade market analytics for Sheridan, Wyoming. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$444,430

+1.3% year-over-year

Est. Rental Yield

4.0%

gross annual

12-Month Forecast

+1.3%

base case (Zillow ZHVF)

+1.3% year-over-year

Climate Risk

25/100

Low

Market Momentum

➡️
Neutral
3.8mo supply · Score +1/7

Net migration: Top 34% nationally

Income Migration

💰 Wealth Influx1.63x

In-migrants avg $84,472 AGI vs out-migrants $51,740

Sheridan Market Summary

Sheridan, WY is in a stabilization phase with 1.3% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 6.27x well exceeds the national average of 4.8x. Modest net positive migration (+63 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 4.0% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score53/100
Price-to-Income Ratio6.3x (national avg 4.8x)
Median Household Income$70,855

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.7%
Base Case+1.3%
Bull Case+2.0%

Climate & Natural Hazard Risk

Sheridan, WY's primary climate exposure is flooding (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Sheridan dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.