Sheridan County, Montana home prices
Typical home $175,449 · +10.1% in a year · property tax 1.23%
The typical home in Sheridan County is worth $175,449, 62% less than the Montana typical home ($467,275). Values changed +10.1% in the past year and +24.8% over five years. Homeowners here pay a median 1.23% of their home's value in property tax each year ($2,152 on the typical home), versus 0.69% statewide.
Mortgage on the typical Sheridan County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,090 | $140,359 | $944 | $0 | $267 | $1,211 | $51,900 |
| 10% down | $17,545 | $157,904 | $1,062 | $66 | $267 | $1,395 | $59,800 |
| 5% down | $8,772 | $166,676 | $1,121 | $69 | $267 | $1,458 | $62,500 |
| 3.5% down (FHA) | $6,141 | $172,271 | $1,159 | $78 | $267 | $1,504 | $64,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.23% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Montana.
Montana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Toole County | $179,923 | +2.2% | 0.87% |
| Wheatland County | $182,100 | +11.3% | 0.56% |
| Daniels County | $164,716 | +7.7% | 0.87% |
| Glacier County | $161,975 | -0.8% | 0.84% |
| Petroleum County | $189,964 | +2.8% | 0.6% |
| Carter County | $160,312 | -9.5% | 0.45% |
| Fallon County | $191,717 | +7.9% | 0.5% |
| Valley County | $193,649 | +11.6% | 1.18% |
| Dawson County | $199,650 | +8.0% | 1.14% |
| Roosevelt County | $145,987 | +12.2% | 1.28% |
Frequently asked questions
What is the average home price in Sheridan County, MT?
The typical home value in Sheridan County is $175,449 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Sheridan County?
About $51,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Sheridan County?
The median effective rate is 1.23% of home value a year (Census ACS 2024 5-year estimates).