Market Overview
Home Prices in Sheridan, CO
The median home value in Sheridan, CO is $435,410 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.8% compared to a year ago and down 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sheridan are priced6% above average. Sheridan is part of the Denver-Aurora-Lakewood, CO metro area.
Over the past five years, Sheridan home values have risen by approximately4.4%, reflecting modest growth in this market.
Price History
Sheridan Home Price Trend
City Comparison
Sheridan vs. National Median
At $435,410, homes in Sheridan cost 6% above the national median of $410,000. Buyers in Sheridan should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Sheridan?
20% Down Payment
$87,082
on $435,410
Monthly P&I
$2,271/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,884/mo
incl. taxes & insurance
Income Needed
$115,360
gross annual (30% rule)
10% Down Option
$43,541
+ PMI applies
Loan Amount (20% dn)
$348,328
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, CO?
The median home value in Sheridan is $435,410 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.8% year-over-year.
How much have home prices changed in Sheridan?
Over the past year, home values in Sheridan have decreased by 4.8%. Over five years, prices have risen approximately 4.4%.
How much do I need to earn to buy a home in Sheridan?
To comfortably afford the median home price of $435,410 with a 20% down payment ($87,082) at today's rates (6.8%), you'd need a gross annual income of approximately $115,360. 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 $435,410, homes in Sheridan are 6% above the national average.
What metro area is Sheridan part of?
Sheridan is part of the Denver-Aurora-Lakewood, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.