Sheridan Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Sheridan averaged
6.61%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.82% and
one month ago for the week of 2025-02-27, the
average rate was 6.83%.
Sheridan's average rate one year ago was 6.86%.
For refis of the same type during the week of 2025-04-03, the average rate
was 7.24%.
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.).
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. LouisDate | 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 |
Sheridan's median listing price comes in at 0% of the national average.
Sheridan's average listing price for 2025-03-01 was $883,184, a difference of $-22,642 (-2.5%) versus the prior year and $-412 versus the prior month.
For the 2025-03-01 period, Sheridan had 116 MLS listings, a difference of -6 listings (-5%) versus the prior month and 3 listings (3%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sheridan (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 |
Sheridan's median square footage for active listings during the 2025-03-01 period was 1,907 sqft. One year prior, the average listing was 2,125 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.