The story of this market
The typical home in ZIP 82801 sells for about $425,000.
Prices are down 7.41% from a year ago, which gives buyers more room to negotiate. Homes take about 61 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,168 a month.
ZIP 82801 — Sheridan
The 82801 housing market is currently characterized by a stable price environment with a median listing price of $425,000. While year-over-year prices have seen a slight decline, the market remains active with homes selling in a median of 58-61 days. Rental demand is increasing, evidenced by a 5.88% month-over-month growth in rent prices.
This ZIP is well-suited for families and outdoor enthusiasts who value proximity to the Bighorn Mountains and a small-town community atmosphere with access to essential services.
Median prices moved down 7.4% year over year.
Homes spend a median of 61 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 90% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 11.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 82801, Sheridan County WY
The area is served by Sheridan County School District 2, which is generally regarded as providing stable educational opportunities within the region.
The region faces typical mountain-west climate risks, including wildfire potential and winter weather impacts, with insurance markets reflecting these regional hazard profiles.
Economic momentum is driven by local government, healthcare, and tourism sectors, with ongoing residential development projects like the Edelman Loop expansion.
Property taxes are assessed by Sheridan County based on local mill levies; Wyoming does not impose a state personal income tax, which benefits local residents.
The mean travel time to work is approximately 14.2 minutes, reflecting the compact nature of the Sheridan micro-area.
The area features proximity to the Bighorn National Forest, local parks, and golf courses, providing extensive outdoor recreation and trail access.
The rental market shows upward pressure with month-over-month rent growth of approximately 5.88%, indicating tightening supply.
The economy is anchored by the Sheridan micro-area's government, healthcare, and tourism industries.
The area is served by US Highway 87, acting as the primary corridor for regional transit and commuting.
Development is focused on residential expansion in the outskirts of the city, including new construction projects like Edelman Loop.
Parcels are subject to Sheridan County School District 2 levies and local municipal utility assessments.
Property insurance premiums are influenced by regional wildfire and severe weather risk assessments common to Wyoming.
Data retrieved from Census Reporter and ACS 2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides extensive hiking, fishing, and outdoor recreation access.
Historic anchor attraction in the city center.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Borrowed-parent hold-out: median rent, price per sq ft reproduced Sheridan County's own figure to the dollar — a parent aggregate is not this ZIP's reading, so it was not stored.