Home Insurance in Sheridan, Wyoming
The median home value in Sheridan is $340,600, 14% lower than the Sheridan County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Sheridan was built around 1978. About 33% of homes were built before 1960, about 8 points above Sheridan County's 26%.
In Sheridan, the housing stock is 69% single-family homes, 14% apartments in buildings with 5+ units and 6% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Sheridan, about 60% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Sheridan has an owner-occupancy rate of 62% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
In Sheridan, 68% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Sheridan? FEMA's National Risk Index points to wildfire (Relatively Moderate) in Sheridan County and Sheridan County had 55 active NFIP flood policies as of September 2026. See the full Sheridan County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Wyoming carries a statewide average premium of $1,853 per year.
Key figures
| Median home value | $340,600 |
|---|---|
| Median year built | 1978 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 60% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Sheridan County | 55 |
| Home insurance premium | $1,853 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)