Market Snapshot

Parkman, Wyoming by the numbers

Parkman, Wyoming real estate data for Q1 2026 — compiled from Sheridan County MLS records, March 2026. All figures reflect active residential listings in Parkman, WY.

Median Sale Price
$268,000
Single-family homes, Parkman, WY
↑ +8.4% year-over-year
Avg Price / Sq Ft
$148 / sf
Parkman active listing range, Q1 2026
↑ +6.2% year-over-year
Average Home Size
1,810 sq ft
Range 700–5,000+ sf
Working ranches, farmsteads & rural homes
Median Days on Market
68 Days
Mid-point of recent Parkman home sales
↓ -8.3% year-over-year
Market Type
Rural Agricultural Market
Homes $115K to $1.1M
↑ Balanced market
Active Listings
9 Properties
Homes, lots, and land across all segments
↑ -3.1% year-over-year

Performance Metrics

Parkman, WY real estate market indicators

Parkman, Wyoming year-over-year performance metrics, Q1 2026.

Metric Current Value Year-over-Year Change
Market Classification
Rural Agricultural Market
🌎  Open Range Wyoming
Median Sale Price
Single-family homes, Parkman, WY
$268,000
📈 +8.4%
Average Price per Sq. Ft.
Based on active listings, March 2026 — Parkman, WY
$148
📈 +6.2%
Average Days on Market
Parkman, WY — all home sales
83 Days
Stable
Median Days on Market
Mid-point of recent Parkman home sales
68 Days
📉 -8.3%
Active Listings
Properties currently on market in Parkman, WY
9 Properties
📈 -3.1%
Avg. Price per Sq. Ft. — Sheridan County
Sheridan County benchmark, Q1 2026
$242
📉 +8.3%
Powder Horn Premium vs. County
Parkman vs. Sheridan County average $/sf
-$94 / sf
Lowest $/sf in County
Wyoming State Income Tax
Key driver of sustained out-of-state demand
0%
🏆 Ongoing Advantage

Pricing Intelligence

Parkman, WY price per square foot analysis

Calculated from active single-family home listings in Parkman, Wyoming, March 2026.

Active Home Listings

$393/sf
10 Oak Tree Ct — 3,086 sf$322/sf
35 Primrose Ln — 2,207 sf$339/sf
8 Buckskin Dr — 2,554 sf$368/sf
2 Wishbone Way — 2,439 sf$400/sf
102 Cayuse Ct — 2,062 sf$412/sf
21 Wishbone Way — 2,130 sf$437/sf
19 Dornoch Dr — 2,424 sf$462/sf
27 Heather Hill — 2,760 sf$598/sf

Summary Statistics

8 homes
Average $/sq ft$393/sf
Median $/sq ft$406/sf
Lowest $/sf (10 Oak Tree Ct)$322/sf
Highest $/sf (27 Heather Hill)$598/sf
Average home size2,558 sf
Smallest home2,062 sf
Largest home3,086 sf
Average list price$1,005,737
Price Distribution — Active Home Listings
Under $800K
2 homes
$800K – $950K
3 homes
$950K – $1.1M
2 homes
Over $1.1M
1 home

Price / Sq Ft by Listing — Sorted Low to High

Active Homes · Q1 2026
$322Oak Tree
$339Primrose
$368Buckskin
$400Wishbone 2
$412Cayuse
$437Wishbone 21
$462Dornoch
$598Heather Hill

Market Intelligence

What’s driving Parkman home values

Key factors shaping the Parkman, Wyoming real estate market heading into spring 2026.

🏔
Wyoming Tax Advantage
0% Income Tax
Think about what 0% state income tax actually means: a buyer earning $500K annually saves $20,000–$50,000+ per year depending on their home state. That's real money — and it's one of the biggest reasons Sheridan keeps appearing on relocation radar screens across the country.
Days on Market Context
68 Day Median
A 53% drop in median days on market isn't noise — it's a signal. Luxury buyers take their time (and they should, at this price point), but once they decide, they're moving faster than ever. That's the difference between a market softening and a market maturing.
Lowest $/sf in County
$148 / sf
There's a reason fairway-adjacent homesites command $325K–$585K: once the community is built out, you simply can't create more of them. These aren't just lots — they're finite pieces of a place people actively want to live. That scarcity has a way of holding value regardless of broader market cycles.

Community Profile

About Parkman, Wyoming

Imagine waking up to Bighorn Mountain views every morning, stepping outside to one of Wyoming's finest golf courses, then driving five minutes to a charming downtown full of great restaurants and local shops. That's everyday life at Powder Horn Ranch — Sheridan County's premier luxury golf community, surrounding the acclaimed Powder Horn Golf Club, designed by Dick Bailey and consistently ranked Wyoming's finest 18-hole course.

It's a lifestyle that's genuinely hard to replicate anywhere else. You're close enough to downtown Sheridan to grab coffee or catch a show, yet surrounded by nature at a scale most people only dream about — trout fishing in Little Goose Creek, hiking trails winding into the Bighorn National Forest, polo grounds minutes away, and ski slopes in winter. And with Wyoming's #1 ranked school district right here in Sheridan County, families don't have to choose between quality of life and quality of education.

Whether you're drawn to a move-in-ready estate on a fairway lot or a custom homesite where you can build exactly what you've envisioned, Powder Horn has it. Architectural standards protect the community's premium character — so your investment holds its value alongside neighbors who share the same commitment to quality. Add Wyoming's zero state income tax to the picture, and it's no wonder buyers from California, Colorado, and Texas keep choosing Sheridan. The data tells the story: median prices up 154.7% year-over-year.

  • 🌎
    Open Range RanchlandExpansive working ranches with irrigated ground & grazing land
  • 🐆
    Agricultural InfrastructureProperties with barns, corrals, irrigation systems & outbuildings
  • 🦌
    Hunting & WildlifeExceptional antelope, deer & upland bird hunting on surrounding land
  • 🏛
    Big Sky ViewsUnobstructed 360-degree views across the northern Wyoming plains
  • 🏙
    Access to SheridanHighway 14 provides connection to Sheridan’s amenities
  • Bighorn Mountain BackdropDramatic western backdrop of the Bighorn range visible from properties
Your Local Expert

About Chad Conley

CC
Chad A. Conley
REALTOR® | eXp Realty LLC
License #15898 | Sheridan, WY

I've spent years watching Sheridan's market evolve from a local secret to one of the most talked-about relocation destinations in the Mountain West — and I've helped buyers and sellers navigate every phase of that shift. Powder Horn Ranch isn't just a market I track on a spreadsheet; it's a community I know personally.

If you're relocating from out of state, I understand the questions you're wrestling with — I've heard them hundreds of times. What's the school district actually like? How does Wyoming's tax advantage translate to real dollars? Which lots in Powder Horn will hold value? I give you the straight answers, not the sales pitch.

Licensed with eXp Realty LLC (#15898), based at 820 W 12th St, Sheridan WY 82801. Market data sourced from Sheridan County MLS. This report is updated quarterly.

WY
Licensed
MLS
Verified Data
Q1
2026 Report

Frequently Asked Questions

Parkman, Wyoming real estate FAQ

Common questions about buying and selling homes in Parkman, Wyoming.

What is the median home price in Parkman, Wyoming?

As of Q1 2026, the median sale price for single-family homes in Powder Horn Ranch is $1,300,000 — a 154.7% year-over-year increase. Active listings range from $749,000 to over $1.65 million.

Are there working ranches for sale in Parkman, WY?

Yes — Parkman is primarily an agricultural and ranch market. Properties often include irrigated ground, livestock facilities, water rights, and large acreage parcels. It's one of the best areas in Sheridan County for buyers seeking a genuine working ranch.

What kind of buyers are drawn to Parkman, Wyoming?

In Powder Horn Ranch, the median days on market is 100 days as of Q1 2026 — a 53.1% decrease year-over-year. The luxury buyer profile means longer decision timelines compared to the broader Sheridan County market.

How far is Parkman, WY from Sheridan?

Parkman is approximately 25 miles north of Sheridan along Highway 14 — roughly 30–35 minutes. It's more remote than other Sheridan County communities, which is exactly the point for most buyers.

What is the price per square foot in Parkman, Wyoming?

Contact Chad Conley of eXp Realty (License #15898), serving Parkman and Sheridan County, Wyoming. Call (307) 763-9462 or visit chadconleyrealestate.com.


Your Powder Horn Ranch Specialist

Ready to buy or sell in Parkman, Wyoming??

Whether you're curious what your home is worth today, ready to make an offer, or just starting to explore — let's talk. No pressure, no jargon, just honest local expertise from someone who knows this community inside and out.