Sheridan, WY home prices
Typical home $442,007 · +0.5% in a year · income needed $120,100
The Sheridan, WY metro area ranks 109 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.5% in a year and +22.8% over five years. With 20% down at 7.11%, the typical home costs about $2,803 a month including 0.55% property tax (Sheridan County rate).
Mortgage on the typical Sheridan home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $88,401 | $353,606 | $2,379 | $0 | $424 | $2,803 | $120,100 |
| 10% down | $44,201 | $397,807 | $2,676 | $166 | $424 | $3,266 | $140,000 |
| 5% down | $22,100 | $419,907 | $2,825 | $175 | $424 | $3,424 | $146,700 |
| 3.5% down (FHA) | $15,470 | $434,002 | $2,920 | $195 | $424 | $3,539 | $151,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.55% 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.
Counties in the Sheridan area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Sheridan County, WY | $442,028 | +0.5% | 0.55% |
What can you afford in Wyoming on your salary? · Wyoming home prices · Salaries in Wyoming
Frequently asked questions
How much is a house in Sheridan?
The typical home in the Sheridan, WY metro area is worth $442,007 (Zillow, September 2026).
What salary do you need to buy a house in Sheridan?
About $120,100 a year for the typical home with 20% down at 7.11%.