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Jackson Hole Market Report

Mid-Year | 2025

Market Overview
Single Family Homes
Condos & Townhomes
Land & Ranches
As leaders in luxury, we are excited to share our key insights that make us unique—from educating on the market to empowering our clients to make informed decisions when the time is right. We pride ourselves on our ability to move you from where you are now, to where you want to be. We are your locally owned brokerage in Jackson.

Market Overview

Number of Sales

168
↑ 8%

Average Sale Price

$4,326,452
↑ 5%
283
↑ 16%

Total Dollar Volume

$725,545,942
↑ 14%
Jackson Hole’s real estate market is starting to find its rhythm again. Market conditions are shifting, with a clear uptick in inventory, contracts, and activity, especially in town. Despite mixed pricing trends, there’s a growing sense of momentum and opportunity heading into the second half of 2025.
Tyler Davis, Operating Principal

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Single Family Homes

Number of Sales

70
↑ 2%

Average Sale Price

$6,703,363
↑ 34%
128
↑ 15%
Inventory of single-family homes has grown compared to a year ago, giving buyers more flexibility and choice than in recent years. While the luxury segment remains strong, homes priced under$3 million remain scarce—accounting for just 23% of current listings.
Gillian Heller, Associate Broker

Condos & Townhomes

Number of Sales

57
↑ 29%

Average Sale Price

$1,738,777
↑ 17%
63
↑ 9%
With prices holding steady, improved inventory levels, and quicker transaction times, market momentum is clearly building. All signs point to a strong second half—especially in the short-term rental space, where demand remains high and well-positioned properties are moving efficiently.
Robert Neill, Sales Associate

Land & Ranches

Number of Sales

22
↓ 6%

Average Sale Price

$4,497,147
↑ 61%
54
–
In my recent experience with land transactions, it’s all about playing the long game. Sellers tend to be patient, recognizing that it takes the right buyer—someone willing to take on the building process or interested in land-banking for future use. On the other side, buyers are just as measured. They know that building is a long and involved process, so they’re waiting for a parcel that truly justifies their investment of both time and capital.
Rebekkah Kelley, Associate Broker

Number of Sales

40
↑ 41%

Average Sale Price

$11,230,113
↓ 17%
97
↑ 31%
Having recently facilitated luxury sales at premier locations like Tributary in Driggs and Fall Creek in Wilson, I’ve seen firsthand the strength of our region’s luxury market. Turnkey homes and unique land offerings remain top priorities for buyers, with Jackson leading the way in transaction volume and demand. Despite rising inventory, competition for high-quality properties remains strong—reflecting continued buyer confidence and a positive outlook for the year ahead.
Scott Blackwood, Associate Broker

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