Sheridan Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Sheridan averaged 6.88% for the week of 2025-05-15, compared to the national average of 6.81% for the same period.

    The average rate for the prior week (2025-05-08) was 6.93% and one month ago for the week of 2025-04-10, the average rate was 6.59%.

    Sheridan's average rate one year ago was 7.06%.

    For refis of the same type during the week of 2025-05-15, the average rate was 7.01%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-15 6.81%
    Sheridan 30 Year Fixed Rate 2025-05-15 6.88%
    Sheridan 30 Year Fixed Rate Refi 2025-05-15 7.01%
    Sheridan 15 Year Fixed Rate 2025-05-15 5.82%
    Sheridan 15 Year Fixed Rate Refi 2025-05-15 6.42%
    Sheridan 30 Year FHA 2025-05-15 6.64%
    Sheridan 30 Year FHA Refi 2025-05-15 6.54%
    Sheridan 30 Year USDA 2025-05-15 6.28%
    Sheridan 30 Year USDA Refi 2025-05-15 6.58%
    Sheridan 30 Year VA 2025-05-15 6.21%
    Sheridan 30 Year VA Refi 2025-05-15 6.41%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sheridan, WY.

    Sheridan Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Sheridan, WY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Century Mortgage Company DBA Century Lending Company 29 6.64% $6,252
    UNITED WHOLESALE MORTGAGE, LLC 20 7.00% $9,471
    AMERICAN PACIFIC MORTGAGE CORPORATION 17 6.87% $8,028
    QUICKEN LOANS, LLC 15 6.35% $8,949
    Glacier Bank 11 6.49% $5,898
    Plains Commerce Bank 5 6.38% $8,284
    Wells Fargo Bank 3 6.63% $4,751
    First Interstate Bank 3 7.00% $4,057
    JPMorgan Chase Bank 2 7.43% $2,550
    BAY EQUITY LLC 2 6.81% $8,252
    GUARANTEED RATE, INC. 2 6.43% $5,413
    Stifel Bank and Trust 2 5.81% $2,650
    PENNYMAC LOAN SERVICES, LLC 2 6.25% $11,322
    The Loan Store, Inc. 2 6.75% $4,804
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.56% $3,225
    Mr. Cooper ( Nationstar Mortgage ) 2 6.81% $7,532
    CMG MORTGAGE, INC. 2 6.49% $5,685
    Jonah Bank of Wyoming 2 6.13% $10,192
    Starion Bank 1 5.88% $2,403
    The Huntington National Bank 1 6.63% $4,277
    U.S. Bank 1 6.63% $3,330
    V.I.P. MORTGAGE, INC. 1 4.25% $3,784
    Morgan Stanley Private Bank 1 6.20% $3,115
    BLACK HILLS FEDERAL CREDIT UNION 1 8.50% $4,527
    Blue Federal Credit Union 1 7.13% $5,130
    BROKER SOLUTIONS, INC. 1 7.63% $7,136
    Commerce Home Mortgage, Inc. 1 7.13% $17,275
    DEEPHAVEN MORTGAGE LLC 1 7.25% $6,269
    F&A Federal Credit Union 1 5.75% $1,268
    Gateway First Bank 1 6.00% $19,641
    GUILD MORTGAGE COMPANY 1 6.63% $3,645
    LOANDEPOT.COM, LLC 1 7.13% $9,297
    MICHIGAN MUTUAL, INC. 1 6.13% $8,622
    ALLIANT CREDIT UNION 1 6.75% $2,366
    Mortgage Research Center, LLC 1 6.38% $12,892
    NAVY FEDERAL CREDIT UNION 1 6.63% $1,028
    PHH Mortgage Corporation 1 5.63% $8,480
    Pinnacle Bank - Wyoming 1 6.50% $8,036
    PLAZA HOME MORTGAGE, INC. 1 7.75% $12,547
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.99% $7,218

    Sheridan Average Closing Costs & Other Stats

    Sheridan, WY's 40 lenders originated 476 loans during 2024. The total origination value was $148,240,000, with an average loan value of $311,429.

    Sheridan's average closing costs are $5,655.

    The top Sheridan lender as defined by loan originations is Century Mortgage Company DBA Century Lending Company, with 29 loans originated. Their average total fees are $6,252, which is $3,219 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Sheridan lenders (with over 10 loans originated) are Glacier Bank ($5,898), Century Mortgage Company DBA Century Lending Company ($6,252), AMERICAN PACIFIC MORTGAGE CORPORATION ($8,028), QUICKEN LOANS, LLC ($8,949) and UNITED WHOLESALE MORTGAGE, LLC ($9,471).

    The lowest rate Sheridan lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.35%), Glacier Bank (6.49%), Century Mortgage Company DBA Century Lending Company (6.64%), AMERICAN PACIFIC MORTGAGE CORPORATION (6.87%) and UNITED WHOLESALE MORTGAGE, LLC (7.00%).

    Sheridan, WY Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    Century Mortgage Company DBA Century Lending Company $900,000 $22,765,000 2,429.4% 15.4%
    UNITED WHOLESALE MORTGAGE, LLC $2,925,000 $15,245,000 421.2% 10.3%
    Glacier Bank $10,085,000 $14,985,000 48.6% 10.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $9,310,000 $11,060,000 18.8% 7.5%
    QUICKEN LOANS, LLC $7,140,000 $10,580,000 48.2% 7.1%
    Little Horn State Bank $6,345,000 n/a 4.3%
    Mortgage Research Center, LLC $5,300,000 $4,545,000 -14.2% 3.1%
    JONES LANG LASALLE MULTIFAMILY, LLC $4,005,000 n/a 2.7%
    First Interstate Bank $11,010,000 $3,685,000 -66.5% 2.5%
    Plains Commerce Bank $2,875,000 n/a 1.9%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,390,000 $2,870,000 106.5% 1.9%
    CMG MORTGAGE, INC. $2,560,000 n/a 1.7%
    U.S. Bank $1,975,000 $2,060,000 4.3% 1.4%
    USAA Federal Savings Bank $990,000 $2,050,000 107.1% 1.4%
    PENNYMAC LOAN SERVICES, LLC $580,000 $1,915,000 230.2% 1.3%
    Mr. Cooper ( Nationstar Mortgage ) $770,000 $1,910,000 148.1% 1.3%
    FREEDOM MORTGAGE CORPORATION $175,000 $1,805,000 931.4% 1.2%
    NAVY FEDERAL CREDIT UNION $2,055,000 $1,520,000 -26.0% 1.0%
    LOANDEPOT.COM, LLC $415,000 $1,500,000 261.4% 1.0%
    NEWREZ LLC $1,020,000 $1,435,000 40.7% 1.0%
    DEEPHAVEN MORTGAGE LLC $1,380,000 n/a 0.9%
    BAY EQUITY LLC $1,165,000 $1,345,000 15.5% 0.9%
    Stifel Bank and Trust $1,285,000 $1,330,000 3.5% 0.9%
    PLAZA HOME MORTGAGE, INC. $1,170,000 n/a 0.8%
    Wells Fargo Bank $2,820,000 $1,120,000 -60.3% 0.8%
    PENTAGON FEDERAL CREDIT UNION $425,000 $1,090,000 156.5% 0.7%
    The Federal Savings Bank $720,000 $1,075,000 49.3% 0.7%
    TJC Mortgage, Inc. $995,000 n/a 0.7%
    Servion, Inc. $185,000 $965,000 421.6% 0.7%
    The Huntington National Bank $915,000 n/a 0.6%
    Jonah Bank of Wyoming $980,000 $905,000 -7.7% 0.6%
    BROKER SOLUTIONS, INC. $235,000 $815,000 246.8% 0.5%
    The Loan Store, Inc. $665,000 n/a 0.4%
    TOWN AND COUNTRY Credit Union $635,000 n/a 0.4%
    JPMorgan Chase Bank $940,000 $630,000 -33.0% 0.4%
    TrailWest Bank $630,000 n/a 0.4%
    Figure Lending LLC $120,000 $605,000 404.2% 0.4%
    Morgan Stanley Private Bank $1,305,000 $605,000 -53.6% 0.4%
    Pinnacle Bank - Wyoming $165,000 $590,000 257.6% 0.4%
    HOMEXPRESS MORTGAGE CORP. $585,000 n/a 0.4%
    Equity Prime Mortgage LLC $560,000 n/a 0.4%
    GUARANTEED RATE, INC. $550,000 n/a 0.4%
    Starion Bank $545,000 n/a 0.4%
    Commerce Home Mortgage, Inc. $135,000 $535,000 296.3% 0.4%
    ALLIANT CREDIT UNION $505,000 n/a 0.3%
    LAKEVIEW LOAN SERVICING, LLC $225,000 $505,000 124.4% 0.3%
    BMO Harris Bank $585,000 $455,000 -22.2% 0.3%
    F&A Federal Credit Union $455,000 n/a 0.3%
    PHH Mortgage Corporation $145,000 $445,000 206.9% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $425,000 n/a 0.3%
    MICHIGAN MUTUAL, INC. $415,000 n/a 0.3%
    North American Savings Bank, F.S.B. $415,000 n/a 0.3%
    Gateway First Bank $12,685,000 $405,000 -96.8% 0.3%
    Barrington Bank & Trust Company, N.A. $375,000 $385,000 2.7% 0.3%
    Truist $315,000 n/a 0.2%
    WYHY $315,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $770,000 $305,000 -60.4% 0.2%
    Bank of Colorado $155,000 $275,000 77.4% 0.2%
    Blue Federal Credit Union $705,000 $275,000 -61.0% 0.2%
    Bank of America $2,040,000 $255,000 -87.5% 0.2%
    Discover Bank $230,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $575,000 $225,000 -60.9% 0.2%
    Home Mortgage Alliance Corp $225,000 n/a 0.2%
    V.I.P. MORTGAGE, INC. $425,000 $225,000 -47.1% 0.2%
    GUILD MORTGAGE COMPANY $870,000 $210,000 -75.9% 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $195,000 n/a 0.1%
    BLACK HILLS FEDERAL CREDIT UNION $185,000 n/a 0.1%
    Altana Federal Credit Union $145,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $135,000 n/a 0.1%
    UMB Bank $325,000 $135,000 -58.5% 0.1%
    ANB Bank $80,000 $90,000 12.5% 0.1%
    21ST MORTGAGE CORPORATION $45,000 $55,000 22.2% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $25,000 $55,000 120.0% 0.0%
    MEMBER FIRST MORTGAGE, LLC $295,000 $35,000 -88.1% 0.0%
    CHARTWAY FEDERAL CREDIT UNION $25,000 n/a 0.0%
    Coastal Community Bank $245,000 $25,000 -89.8% 0.0%

    Sheridan's top lender by overall market share is Century Mortgage Company DBA Century Lending Company, with 15.4% market share. In second place, with 10.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $15,245,000 in loans. In third place, with 10.1%, is Glacier Bank, having originated $14,985,000 in loans. In fourth place, with 7.5%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $11,060,000 in loans. In fifth place, with 7.1%, is QUICKEN LOANS, LLC, having originated $10,580,000 in loans.

    Sheridan Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Sheridan (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $282,500 (8.0%) $409,755 (14.1%) 0.00 181
    2018-02-01 $288,675 (8.9%) $412,764 (13.4%) 0.00 169
    2018-03-01 $299,500 (9.2%) $418,633 (9.3%) 0.00 162
    2018-04-01 $311,225 (13.6%) $402,194 (10.7%) 0.00 183
    2018-05-01 $325,000 (18.2%) $426,476 (15.7%) 0.00 195
    2018-06-01 $324,000 (17.8%) $418,899 (13.0%) 0.00 231
    2018-07-01 $294,750 (3.8%) $401,306 (5.8%) 0.00 234
    2018-08-01 $298,625 (3.9%) $428,019 (11.1%) 0.00 233
    2018-09-01 $295,000 (2.9%) $424,877 (5.4%) 0.00 236
    2018-10-01 $297,375 (3.4%) $432,315 (4.0%) 0.00 232
    2018-11-01 $289,673 (1.3%) $427,759 (4.3%) 0.00 206
    2018-12-01 $289,950 (1.4%) $433,029 (4.8%) 0.00 185
    2019-01-01 $285,000 (0.9%) $423,173 (3.3%) 0.00 185
    2019-02-01 $287,000 (-0.6%) $420,212 (1.8%) 0.00 190
    2019-03-01 $300,369 (0.3%) $426,920 (2.0%) 0.00 186
    2019-04-01 $322,500 (3.6%) $444,597 (10.5%) 0.00 186
    2019-05-01 $345,725 (6.4%) $485,635 (13.9%) 0.00 185
    2019-06-01 $354,000 (9.3%) $482,840 (15.3%) 0.00 214
    2019-07-01 $336,000 (14.0%) $471,865 (17.6%) 0.00 224
    2019-08-01 $319,855 (7.1%) $451,019 (5.4%) 0.00 226
    2019-09-01 $327,136 (10.9%) $454,026 (6.9%) 0.00 212
    2019-10-01 $331,991 (11.6%) $455,287 (5.3%) 0.00 205
    2019-11-01 $339,000 (17.0%) $458,007 (7.1%) 0.00 203
    2019-12-01 $356,000 (22.8%) $477,028 (10.2%) 0.00 172
    2020-01-01 $390,900 (37.2%) $530,012 (25.3%) 0.00 116
    2020-02-01 $391,900 (36.6%) $540,171 (28.6%) 0.00 108
    2020-03-01 $388,200 (29.2%) $545,666 (27.8%) 0.00 108
    2020-04-01 $400,850 (24.3%) $558,097 (25.5%) 0.00 107
    2020-05-01 $404,700 (17.1%) $564,518 (16.2%) 0.00 103
    2020-06-01 $423,950 (19.8%) $594,565 (23.1%) 0.00 106
    2020-07-01 $460,725 (37.1%) $615,284 (30.4%) 0.00 100
    2020-08-01 $480,000 (50.1%) $629,699 (39.6%) 0.00 92
    2020-09-01 $486,250 (48.6%) $699,933 (54.2%) 0.00 89
    2020-10-01 $453,999 (36.8%) $756,010 (66.1%) 0.00 79
    2020-11-01 $536,250 (58.2%) $795,077 (73.6%) 0.00 74
    2020-12-01 $538,750 (51.3%) $823,679 (72.7%) 0.00 69
    2021-01-01 $535,000 (36.9%) $838,638 (58.2%) 0.00 61
    2021-02-01 $581,250 (48.3%) $863,847 (59.9%) 0.00 56
    2021-03-01 $675,000 (73.9%) $1,032,815 (89.3%) 0.00 41
    2021-04-01 $753,750 (88.0%) $1,059,398 (89.8%) 0.00 37
    2021-05-01 $775,000 (91.5%) $954,202 (69.0%) 0.00 69
    2021-06-01 $785,000 (85.2%) $944,681 (58.9%) 0.00 79
    2021-07-01 $772,500 (67.7%) $911,132 (48.1%) 0.00 75
    2021-08-01 $569,650 (18.7%) $936,463 (48.7%) 0.00 62
    2021-09-01 $525,000 (8.0%) $809,169 (15.6%) 0.00 64
    2021-10-01 $515,000 (13.4%) $855,582 (13.2%) 0.00 54
    2021-11-01 $523,925 (-2.3%) $926,479 (16.5%) 0.00 53
    2021-12-01 $538,350 (-0.1%) $870,813 (5.7%) 0.00 57
    2022-01-01 $575,000 (7.5%) $905,964 (8.0%) 0.00 52
    2022-02-01 $583,750 (0.4%) $1,003,082 (16.1%) 0.00 40
    2022-03-01 $564,900 (-16.3%) $975,489 (-5.6%) 0.00 50
    2022-04-01 $545,000 (-27.7%) $886,166 (-16.4%) 0.00 61
    2022-05-01 $574,250 (-25.9%) $891,264 (-6.6%) 0.00 70
    2022-06-01 $592,750 (-24.5%) $924,320 (-2.2%) 0.00 82
    2022-07-01 $597,450 (-22.7%) $952,493 (4.5%) 0.00 100
    2022-08-01 $598,000 (5.0%) $875,398 (-6.5%) 0.00 115
    2022-09-01 $622,750 (18.6%) $863,758 (6.8%) 0.00 112
    2022-10-01 $606,000 (17.7%) $820,156 (-4.1%) 0.00 116
    2022-11-01 $605,850 (15.6%) $819,467 (-11.6%) 0.00 127
    2022-12-01 $599,450 (11.4%) $777,781 (-10.7%) 0.00 116
    2023-01-01 $512,375 (-10.9%) $692,406 (-23.6%) 0.00 96
    2023-02-01 $588,325 (0.8%) $751,544 (-25.1%) 0.00 85
    2023-03-01 $635,225 (12.5%) $825,887 (-15.3%) 0.00 73
    2023-04-01 $659,900 (21.1%) $814,368 (-8.1%) 0.00 86
    2023-05-01 $693,349 (20.7%) $885,258 (-0.7%) 0.00 106
    2023-06-01 $666,595 (12.5%) $846,970 (-8.4%) 0.00 119
    2023-07-01 $635,250 (6.3%) $783,961 (-17.7%) 0.00 126
    2023-08-01 $618,325 (3.4%) $775,982 (-11.4%) 0.00 139
    2023-09-01 $618,500 (-0.7%) $795,158 (-7.9%) 0.00 138
    2023-10-01 $618,625 (2.1%) $779,791 (-4.9%) 0.00 142
    2023-11-01 $593,375 (-2.1%) $775,685 (-5.3%) 0.00 132
    2023-12-01 $585,450 (-2.3%) $753,192 (-3.2%) 0.00 113
    2024-01-01 $570,225 (11.3%) $767,229 (10.8%) 0.00 94
    2024-02-01 $589,000 (0.1%) $815,614 (8.5%) 0.00 94
    2024-03-01 $625,000 (-1.6%) $905,826 (9.7%) 0.00 113
    2024-04-01 $624,950 (-5.3%) $985,213 (21.0%) 0.00 115
    2024-05-01 $622,500 (-10.2%) $957,392 (8.2%) 0.00 127
    2024-06-01 $589,000 (-11.6%) $841,678 (-0.6%) 0.00 195
    2024-07-01 $589,000 (-7.3%) $811,377 (3.5%) 0.00 197
    2024-08-01 $579,350 (-6.3%) $811,987 (4.6%) 0.00 178
    2024-09-01 $578,263 (-6.5%) $814,999 (2.5%) 0.00 171
    2024-10-01 $574,175 (-7.2%) $838,405 (7.5%) 0.00 159
    2024-11-01 $549,000 (-7.5%) $881,421 (13.6%) 0.00 151
    2024-12-01 $539,450 (-7.9%) $918,196 (21.9%) 0.00 125
    2025-01-01 $526,225 (-7.7%) $925,893 (20.7%) 0.00 117
    2025-02-01 $499,750 (-15.2%) $883,596 (8.3%) 0.00 122
    2025-03-01 $495,000 (-20.8%) $883,184 (-2.5%) 0.00 116
    2025-04-01 $498,563 (-20.2%) $896,749 (-9.0%) 0.00 125
    Sheridan's median listing price for 2025-04-01 was $498,563, a difference of $-126,387 (-20.2%) versus the prior year and $3,563 versus the prior month.

    Sheridan's median listing price comes in at 0% of the national average.

    Sheridan's average listing price for 2025-04-01 was $896,749, a difference of $-88,464 (-9.0%) versus the prior year and $13,565 versus the prior month.

    For the 2025-04-01 period, Sheridan had 125 MLS listings, a difference of 9 listings (8%) versus the prior month and 10 listings (9%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sheridan (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,839 sqft
    2018-02-01 0 days 1,880 sqft
    2018-03-01 0 days 1,875 sqft
    2018-04-01 0 days 1,889 sqft
    2018-05-01 0 days 1,948 sqft
    2018-06-01 0 days 1,903 sqft
    2018-07-01 0 days 1,832 sqft
    2018-08-01 0 days 2,009 sqft
    2018-09-01 0 days 1,988 sqft
    2018-10-01 0 days 2,005 sqft
    2018-11-01 0 days 1,976 sqft
    2018-12-01 0 days 1,965 sqft
    2019-01-01 0 days 1,906 sqft
    2019-02-01 0 days 1,934 sqft
    2019-03-01 0 days 1,946 sqft
    2019-04-01 0 days 1,988 sqft
    2019-05-01 0 days 2,082 sqft
    2019-06-01 0 days 2,239 sqft
    2019-07-01 0 days 2,055 sqft
    2019-08-01 0 days 1,999 sqft
    2019-09-01 0 days 2,000 sqft
    2019-10-01 0 days 2,000 sqft
    2019-11-01 0 days 1,962 sqft
    2019-12-01 0 days 2,014 sqft
    2020-01-01 0 days 1,873 sqft
    2020-02-01 0 days 1,863 sqft
    2020-03-01 0 days 1,868 sqft
    2020-04-01 0 days 1,947 sqft
    2020-05-01 0 days 2,178 sqft
    2020-06-01 0 days 2,313 sqft
    2020-07-01 0 days 2,148 sqft
    2020-08-01 0 days 2,112 sqft
    2020-09-01 0 days 2,162 sqft
    2020-10-01 0 days 2,100 sqft
    2020-11-01 0 days 2,118 sqft
    2020-12-01 0 days 1,959 sqft
    2021-01-01 0 days 1,912 sqft
    2021-02-01 0 days 2,077 sqft
    2021-03-01 0 days 2,151 sqft
    2021-04-01 0 days 2,373 sqft
    2021-05-01 0 days 2,238 sqft
    2021-06-01 0 days 2,238 sqft
    2021-07-01 0 days 2,238 sqft
    2021-08-01 0 days 2,232 sqft
    2021-09-01 0 days 2,201 sqft
    2021-10-01 0 days 2,264 sqft
    2021-11-01 0 days 2,245 sqft
    2021-12-01 0 days 2,146 sqft
    2022-01-01 0 days 2,146 sqft
    2022-02-01 0 days 2,146 sqft
    2022-03-01 0 days 2,146 sqft
    2022-04-01 0 days 2,146 sqft
    2022-05-01 0 days 2,199 sqft
    2022-06-01 0 days 2,165 sqft
    2022-07-01 0 days 2,250 sqft
    2022-08-01 0 days 2,400 sqft
    2022-09-01 0 days 2,357 sqft
    2022-10-01 0 days 2,248 sqft
    2022-11-01 0 days 2,241 sqft
    2022-12-01 0 days 2,076 sqft
    2023-01-01 0 days 1,894 sqft
    2023-02-01 0 days 2,017 sqft
    2023-03-01 0 days 2,111 sqft
    2023-04-01 0 days 2,133 sqft
    2023-05-01 0 days 2,340 sqft
    2023-06-01 0 days 2,350 sqft
    2023-07-01 0 days 2,199 sqft
    2023-08-01 0 days 2,164 sqft
    2023-09-01 0 days 2,068 sqft
    2023-10-01 0 days 2,141 sqft
    2023-11-01 0 days 1,997 sqft
    2023-12-01 0 days 1,949 sqft
    2024-01-01 0 days 1,966 sqft
    2024-02-01 0 days 2,075 sqft
    2024-03-01 0 days 2,125 sqft
    2024-04-01 0 days 2,193 sqft
    2024-05-01 0 days 2,230 sqft
    2024-06-01 0 days 2,070 sqft
    2024-07-01 0 days 1,992 sqft
    2024-08-01 0 days 2,184 sqft
    2024-09-01 0 days 2,200 sqft
    2024-10-01 0 days 2,200 sqft
    2024-11-01 0 days 2,200 sqft
    2024-12-01 0 days 2,200 sqft
    2025-01-01 0 days 2,200 sqft
    2025-02-01 0 days 2,068 sqft
    2025-03-01 0 days 1,907 sqft
    2025-04-01 0 days 1,883 sqft
    Sheridan's median listing age (time on market) for 2025-04-01 was 0 days.

    Sheridan's median square footage for active listings during the 2025-04-01 period was 1,883 sqft. One year prior, the average listing was 2,193 sqft.

    Sheridan, WY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 265 $96,725,000 $365,000
    Cash Out Refi 72 $21,380,000 $296,944
    Refi 54 $20,750,000 $384,259
    Home Improvement 45 $5,475,000 $121,667
    Other 40 $3,910,000 $97,750

    Sheridan's most frequently cited loan purpose was Home Purchase, with 265 originations. The 2nd most popular reason was Cash Out Refi, with 72 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 164 $58,500,000 $356,707
    Over 8% 114 $12,640,000 $110,877
    5-6% 86 $36,810,000 $428,023
    7-8% 76 $27,960,000 $367,895
    4-5% 12 $4,450,000 $370,833
    <2.5% 9 $85,000 $9,444
    3-4% 1 $505,000 $505,000
    2.5-3% 1 $315,000 $315,000

    During 2024, Sheridan's most frequently originated rate bucket was 6-7%, with 164 originations.

    Loan Sizing (Sheridan, WY MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 192 $57,910,000 $301,615
    $100,000 or less 100 $4,930,000 $49,300
    $400k-600k 91 $43,505,000 $478,077
    $100k-200k 58 $8,630,000 $148,793
    $600k-1000k 28 $20,290,000 $724,643
    $Over $1MM 7 $12,975,000 $1,853,571

    Sheridan's loan sizing saw the bucket of loans from $200k-400k with 192 originations, totaling $57,910,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 168 $65,610,000 $390,536
    Under 20% 96 $5,740,000 $59,792
    60-80% 78 $37,770,000 $484,231
    40-60% 55 $15,965,000 $290,273
    20-40% 48 $8,200,000 $170,833
    Over 100% 11 $5,445,000 $495,000

    Sheridan's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 168 originations, totaling $65,610,000 in origination value.