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SHERIDAN, MT 59749

Real Estate Market Report  ·  Madison County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
20
⇧ 122.2% vs 9 last year
Pending
2
10% pending ratio
Median Price
$699,000
⇩ 15.2% vs $824,250 last year
Average Price
$732,837
⇩ 5.2% vs $772,715 last year
Days on Market
69
⇧ 19% vs 58 days last year

Market Context

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

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

Market Analysis

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

The SHERIDAN, MT real estate market (59749) currently shows 20 active listings, with 2 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 69 days on market compared to 58 days last year.

The median listing price has fallen 15.2% year-over-year, from $824,250 to $699,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 9 last year
  • Days on market: 69 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $699,000 (-15.2% YoY)
  • Average: $732,837 (-5.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 46.7 miles — 372 listings ($452,592,404 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
59749Sheridan, MT 597490.0 mi20$14,656,740$699,000$732,837
59755Virginia City, MT 5975514.0 mi5$1,805,000$349,500$361,000
59735Harrison, MT 5973519.1 mi4$2,830,000$782,500$707,500
59751Silver Star, MT 5975119.6 mi2$1,148,990$574,495$574,495
59745Norris, MT 5974525.8 mi1$899,500$899,500$899,500
59759Whitehall, MT 5975927.6 mi17$17,460,700$750,000$1,027,100
59721Cardwell, MT 5972130.0 mi2$974,000$487,000$487,000
59743Melrose, MT 5974333.4 mi3$426,999$112,000$142,333
59727Divide, MT 5972741.2 mi1$595,000$595,000$595,000
59741Manhattan, MT 5974142.0 mi21$30,708,006$870,000$1,462,286
59750Butte, MT 5975043.3 mi3$2,267,451$735,000$755,817
59730Gallatin Gateway, MT 5973044.9 mi28$113,119,888$2,800,000$4,039,996
59718Bozeman, MT 5971846.7 mi265$265,700,130$665,000$1,002,642

Frequently Asked Questions

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

As of January 2026, there are 20 active listings in SHERIDAN, MT (zip code 59749), compared to 9 the prior year.

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

The median listing price in SHERIDAN, MT 59749 is $699,000 as of January 2026, a 15.2% decrease from $824,250 the prior year.

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

Homes in SHERIDAN, MT 59749 spend an average of 69 days on the market before going under contract, compared to 58 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 January 2026, SHERIDAN, MT 59749 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 58 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 $13,980 compared to a typical 5% commission on the median listing price of $699,000. 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.