Sheridan, AR

Balanced market-33.7% YoY

Housing market overview · Updated weekly

$173,000median sale price

Homes sold

11

Last 12 weeks

Days on market

127

Average pace

Active listings

31

2.8 months supply

Sale-to-list

98.7%

Below asking

The Sheridan housing market is currently classified as a balanced market with a median sale price of $173,000. Prices have fallen 33.7% compared to last year, with homes spending an average of 127 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Sheridan?

The median home sale price in Sheridan is $173,000, down 33.7% from last year.

How long do homes stay on market in Sheridan?

Homes typically spend 127 days on market before going under contract.

Is Sheridan a buyer's or seller's market?

With 2.8 months of supply, Sheridan is currently a balanced market.

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