Is Jackson, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Jackson was a Seller's Market.
Key Takeaway
Jackson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jackson, WY
How much do homes in Jackson, WY cost?
Median Sold Price
$2,325,000
$1,080/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jackson have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Jackson was $2,325,000 in March 2024, down 3.6% from last year, and the median price per square foot was $1,080.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $860K | $850K | -1.2% |
| 2 Bedrooms | $1.4M | $1.1M | -18.6% |
| 3 Bedrooms | $2.5M | $2.4M | -4.0% |
| 4 Bedrooms | $3.3M | $3.3M | -0.4% |
| 5+ Bedrooms | $6.1M | $3.3M | -45.1% |
Summary: Jackson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 18.6%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 45.1%.
Median Sold Price Compared To Nearby Cities
| Jackson Hole | $2.1M | $2.1M | +1.1% |
| Jackson | $2.4M | $2.3M | -3.6% |
Housing Supply in Jackson, WY
How many homes are available in Jackson, WY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 82 | 82 | 0.0% |
Summary: The Jackson real estate market had 82 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 13 | 16 | +23.1% |
| 3 Bedrooms | 29 | 31 | +6.9% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The Jackson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Jackson in March 2024, up by 66.7% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for Jackson, WY
How long does it take to sell a home in Jackson, WY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 171 Days | 96 Days | -43.7% |
Summary: Homes in Jackson had an average of 96 days on market in Mar 2024, down by 43.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jackson has remained consistent over time.
Summary: During March 2024, 10 homes were sold in Jackson; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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