The story of this market
The typical home in ZIP 82837 sells for about $747,000, or $288 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 82837 — Leiter
The Dayton housing market remains characterized by low inventory and high demand, leading to steady price appreciation. The limited number of listings continues to drive competition for available properties, though the pace of sales remains moderate due to the niche nature of the market.
This ZIP is ideal for outdoor enthusiasts, retirees, and families seeking a quiet, safe, small-town lifestyle with proximity to the amenities of Sheridan.
Median prices moved up 4.2% year over year.
Homes spend a median of 112 days on market with 4.0 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 1.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 82837, Sheridan County WY
Crime rates in Dayton are consistently reported as significantly lower than both the Wyoming state average and the national average, reflecting a very safe, small-town environment.
Schools serving the area are part of the Sheridan County School District, which generally maintains high performance ratings and small class sizes typical of rural Wyoming.
The area faces moderate wildfire risk common to the Bighorn Mountain foothills, and residents typically maintain standard hazard insurance policies with specific wildfire mitigation considerations.
Economic momentum is driven by tourism, agriculture, and proximity to Sheridan, with limited large-scale industrial development, preserving the town's historic character.
Property taxes are assessed at the county level based on fair market value, with no state personal income tax in Wyoming, which benefits residents and property owners.
The commute is primarily a drive toward Sheridan, typically taking 20-25 minutes via US-14, with no public transit options available.
The area offers immediate access to the Bighorn National Forest for hiking and fishing, with local parks and proximity to Tongue River providing significant outdoor amenities.
The rental market is extremely limited with very low inventory, primarily consisting of single-family homes, leading to high demand and stable, moderate rent growth.
The economy is anchored by agriculture, tourism, and small-scale local services, with many residents commuting to Sheridan for professional employment.
Transportation is entirely vehicle-dependent, relying on US-14 as the primary corridor connecting the town to the regional hub of Sheridan.
Development is strictly managed to maintain the town's rural character, with minimal large-scale commercial projects currently in the pipeline.
The Sheridan County Assessor manages property valuations, typically conducting periodic reappraisals to align with market trends.
Parcels are subject to Sheridan County School District #1 and local fire protection district levies.
Property insurance premiums are influenced by wildfire risk factors, with availability generally stable but subject to standard regional underwriting guidelines.
Data retrieved from Census Reporter and data.census.gov profiles for ZCTA 82837.
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 fishing and recreational access.
Extensive trail systems and outdoor recreation.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.