Sheridan WY Developer/GC received final approval from city to build 300+ units

[Nathan Roma]

Sheridan Hills is a recently approved subdivision in Sheridan, WY that will bring attainable housing to the community. 300+ units consisting of townhomes, single family, and paired patio homes. Townhomes will range from mid to high $200's, single family mid to high $300', and paired patios low to mid $300's. Providing major/large employers with employee housing and options for people moving to town as starter homes or rentals.

Sheridan, WY Insights:

Median home price of Sheridan is now ~$650,000 in a town of 20,000 people (30,000 for Sheridan County)

Per capita individual/personal income: 2021 - $64,449

Unemployment Rate: June 2023 - 2.7%

Average Listing Price: July 2023 - $783,961

Home ownership rate (5-year estimate) - 74.7%