Sheridan, AR—72150
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sheridan, AR
As of Oct '25, the median home price in Sheridan, AR is $214,000, with a year-over-year change of 3.3%. This indicates that home prices in Sheridan, AR are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | 3.3% |
| Single Family | $214,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $135,000 | 7.1% |
3 Bed | $222,000 | 4.7% |
4 Bed | $322,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sheridan, AR
As of July '25, Rentcast reports the average rent in Sheridan, AR is $1,520, with a year-over-year rent change of 64.3%. Per bedroom, the median rent as of July '25 in Sheridan, AR is 3-bedrooms: $1,520. The most common rental property sizes in Sheridan, AR are 2-bedroom and 3-bedroom, accounting for 39.4% and 37.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,300 | $1,520 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sheridan, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Sheridan, AR is 66. This is a increase of 38.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $248,000 | 9.0% |
Listing Count | 72 | 34.0% |
| Listings as % of Homes | 0.9% | 34.0% |
Days on Market | 66 | 38.0% |
Demographics — Sheridan, AR
As of the latest ACS Survey released in 2023, Sheridan, AR has a population of 12,500, which has remained stable by 0.6% over the past 5 years. Sheridan, AR is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 23.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,500 | 0.6% |
% Under 18 | 21.6% | -2.3% |
% Seniors | 18.8% | 1.6% |
% WFH | 12.1% | 476.2% |
% w/ College Degree | 23.4% | 15.8% |
As of the latest ACS Survey released in 2023, Sheridan, AR is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Sheridan, AR is hispanic, making up 2.8% of the population. Foreign-born residents account for 1.4% of the population in Sheridan, AR, and this percentage has increased by 133.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.1% | -3.6% |
% Black | 2.1% | -16.0% |
% Hispanic | 2.8% | 133.3% |
% Asian | 0.5% | ∞% |
% Foreign Born | 1.4% | 133.3% |
Mortgage and Risk — Sheridan, AR
According to HUD data as of 2023, there were 309 mortgage originations in Sheridan, AR, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Sheridan, AR. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 309 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Sheridan, AR
Sheridan, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 75 |
Total Units Section 8 | 43 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 65.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | -$200 | $1,300 | $1,100 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Sheridan, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $214,000 |
| Median Household Income | $75,300 |