Market Overview
Home Prices in Sheridan, AR
The median home value in Sheridan, AR is $233,062 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.7% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sheridan are priced43% below average. Sheridan is part of the Little Rock-North Little Rock-Conway, AR metro area.
Over the past five years, Sheridan home values have risen by approximately29.4%, reflecting strong long-term appreciation in this market.
Price History
Sheridan Home Price Trend
City Comparison
Sheridan vs. National Median
At $233,062, homes in Sheridan cost 43% below the national median of $410,000. This makes Sheridan a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Sheridan?
20% Down Payment
$46,612
on $233,062
Monthly P&I
$1,216/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,544/mo
incl. taxes & insurance
Income Needed
$61,760
gross annual (30% rule)
10% Down Option
$23,306
+ PMI applies
Loan Amount (20% dn)
$186,450
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Sheridan, AR?
The median home value in Sheridan is $233,062 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.7% year-over-year.
How much have home prices changed in Sheridan?
Over the past year, home values in Sheridan have increased by 8.7%. Over five years, prices have risen approximately 29.4%.
How much do I need to earn to buy a home in Sheridan?
To comfortably afford the median home price of $233,062 with a 20% down payment ($46,612) at today's rates (6.8%), you'd need a gross annual income of approximately $61,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Sheridan compare to the national average home price?
The national median home value is approximately $410,000. At $233,062, homes in Sheridan are 43% below the national average.
What metro area is Sheridan part of?
Sheridan is part of the Little Rock-North Little Rock-Conway, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.