Jackson Hole Market Reports

Mid Year | 2026 Market Analysis

Jackson Hole’s real estate market continued to demonstrate remarkable stability through the first half of 2026, with transaction volume rising 8% over the same period last year. Buyer demand remained strongest in the single-family home segment, accounting for 53% of the transactions. Sales occurred across a broad spectrum of price points from a $525,000 studio condo to a $17 million estate in Shooting Star. While overall activity remained healthy, the ultra-luxury market moderated from the extraordinary pace experienced in 2025. Through mid-year, there were no sales above $20 million, one sale exceeding $15 million, and eight transactions over $10 million, compared to three, seven, and fourteen, respectively, during the same period last year. This shift in the composition of sales, not a decline in underlying demand, resulted in the average sale price decreasing nearly 20% year over year. One of the year’s standout trends has been the surge in activity in southern Teton County. Sales in the Hoback area and the Snake River Sporting Club jumped 200% compared to last year, fueled largely by newly completed inventory in the resort phase of the Snake River Sporting Club. Despite the typically busy spring listing season, inventory remained essentially unchanged from a year ago, with 283 properties on the market at quarter-end. Looking ahead, market momentum appears poised to continue, with pending sales up 20%, signaling a strong third quarter. Properties averaged 159 days on the market, a modest improvement from the same time last year, reflecting a market that continues to reward well-priced, well-presented properties.