Property prices for sale in Sheridan (Wyoming)

The prices in real estate in Sheridan, in the Wyoming region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$1,014,174.33
Average price last 6 months
$6,453.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Sheridan has increased strongly during the last 6 months. In July, the average price per sq.feet was $1,844. In the following month the price per sq.feet increased considerably to $3,351. The price for the following two months in (September, October) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 573 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2,503.5 to $14,354.5 during November, and December.

Average price

Based upon to the price in Sheridan (cities), this has fallen considerably in the last 6 months. The price in July is $1,181,808, rising in August till $1,333,739. During the following two months (September, October) the average price had a considerable reduction of 70 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,068,889 to $904,745, which means a 85 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $830,098 they are 82 % more affordable than the average price for Sheridan. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at $386,709.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $142 / sq.feet, with an average $20,535 / sq.feet price in Sheridan. The properties with the lowest average prices have 3 bedrooms. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $171 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $830,098 it is 64 % cheaper than the average price in Sheridan. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $300,290 it is 28 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $188 / sq.feet followed by "Land" priced at $249 / sq.feet. "Land" is the cheapest type of property with a $249 / sq.feet value followed by "House" with an average price of $188 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Sheridan
Number of properties used in region Wyoming
$830,098
$20,535
514
15,172
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value