Similar to other places in this area, it is a bit less expensive compared to the rest of the country. Compared to the city of Bozeman however, it's significantly less expensive.
Home prices
Sheridan's median home cost is $186,400. In comparison to its surrounding areas this is approximately $5,480 (3%) higher.Compared to the entire country it is roughly $31,100 (14%) lower, and in comparison to the city of Bozeman is roughly $179,200 (49%) lower.
Rents
Sheridan's median rent is $623 a month. In comparison to other places in this area it is about $119 (16%) lower.In comparison to the rest of the country it is about $439 (41%) lower, and compared to the city of Bozeman is about $455 (42%) lower.
Nearby places
Twin Bridges
Twin Bridges is approximately 7 miles northwest of Sheridan. The real estate prices there are somewhat less expensive. The price of the median home in Twin Bridges is $164,400, which comes out to $22,000 (13%) lower than Sheridan. Rents there are a little more expensive. Twin Bridges's median rent is $735 a month, which comes out to $112 (15%) higher than Sheridan.
Virginia City
Virginia City is about 14 miles southeast from Sheridan. The real estate prices there are somewhat more expensive. Virginia City's median home price is $203,900, which works out to $17,500 (8%) higher than Sheridan. Rents there are significantly more expensive. Virginia City's median monthly rent is $1,000, which works out to $377 (37%) higher than Sheridan.
Ennis
Ennis is roughly 20 miles east of Sheridan. Its housing prices are somewhat more expensive. The median home in Ennis is valued at $227,500, which comes out to $41,100 (18%) higher than Sheridan. Its rents are a little more expensive. In Ennis the median monthly rent is $682, which works out to $59 (8%) higher than Sheridan.
Dillon
Dillon is approximately 23 miles southwest from Sheridan. The real estate prices there are a little less expensive. The cost of the median home in Dillon is $163,600, which is $22,800 (13%) lower than Sheridan. Rent there is similar. In Dillon the median rent is $631 per month, which comes out to $8 (1%) higher than Sheridan.
Whitehall
Whitehall is approximately 25 miles north from Sheridan. Its housing prices are a little less expensive. Whitehall's median home value is $145,200, which comes out to $41,200 (28%) lower than Sheridan. The rent there is somewhat more expensive. In Whitehall the median rent is $664 a month, which comes out to $41 (6%) higher than Sheridan.
