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SHERIDAN, MT 59749

Real Estate Market Report  ·  Madison County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The SHERIDAN, MT real estate market (59749) currently shows 27 active listings, with 5 pending sales. Homes are averaging 132 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 132 days on market compared to 93 days last year.

The median listing price has risen 17.2% year-over-year, from $687,000 to $805,000.

Whether you are buying or selling in SHERIDAN, MT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,026  ·  Density: 3.3/mi²  ·  Median household income: $75,735

Typical home value: $330,074  ·  Homeownership: 88.4%

Market Overview

Active Listings
27
⇩ 10% vs 30 last year
Pending
5
19% pending ratio
Median Price
$805,000
⇧ 17.2% vs $687,000 last year
Average Price
$823,827
⇧ 16.5% vs $706,955 last year
Days on Market
132
⇧ 41.9% vs 93 days last year

Price Per Square Foot

Median $/sqft
$356
⇧ 5.6% vs $337/sqft last year
Median Home Size
1,929 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 30 last year
  • Days on market: 132 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $805,000 (+17.2% YoY)
  • Average: $823,827 (+16.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 49.7 miles — 561 listings ($1,408,425,629 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59749Sheridan, MT 597490.0 mi23$17,617,885$753,950$765,995
59755Virginia City, MT 5975514.0 mi4$1,460,000$350,000$365,000
59735Harrison, MT 5973519.1 mi4$2,767,500$766,250$691,875
59751Silver Star, MT 5975119.6 mi3$1,847,991$699,000$615,997
59710Alder, MT 5971025.9 mi3$2,498,001$999,000$832,667
59732Glen, MT 5973229.2 mi1$699,500$699,500$699,500
59760Willow Creek, MT 5976032.4 mi2$8,785,000$4,392,500$4,392,500
59716Big Sky, MT 5971636.1 mi180$952,630,020$4,106,000$5,292,389
59741Manhattan, MT 5974142.0 mi23$38,676,317$1,295,000$1,681,579
59750Butte, MT 5975043.3 mi3$2,267,451$735,000$755,817
59730Gallatin Gateway, MT 5973044.9 mi22$97,602,956$3,612,500$4,436,498
59718Bozeman, MT 5971846.7 mi292$280,984,008$665,000$962,274
59772Bozeman, MT 5977249.7 mi1$589,000$589,000$589,000

Frequently Asked Questions

How many homes are for sale in SHERIDAN, MT 59749?

As of June 2026, there are 27 active listings in SHERIDAN, MT (zip code 59749), compared to 30 the prior year.

What is the median home price in SHERIDAN, MT 59749?

The median listing price in SHERIDAN, MT 59749 is $805,000 as of June 2026, a 17.2% increase from $687,000 the prior year.

How long do homes stay on the market in SHERIDAN, MT?

Homes in SHERIDAN, MT 59749 spend an average of 132 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in SHERIDAN, MT 59749?

Based on current inventory and days-on-market data as of June 2026, SHERIDAN, MT 59749 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 132 days on market compared to 93 days last year.

How much can I save on real estate commission in SHERIDAN, MT?

With SELL123.com's maximum 3% commission, sellers in SHERIDAN, MT 59749 save an estimated $16,100 compared to a typical 5% commission on the median listing price of $805,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.