Is Jackson Hole, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jackson Hole was a Buyer's Market.
Key Takeaway
Jackson Hole is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Jackson Hole, WY
How much do homes in Jackson Hole, WY cost?
Median Sold Price
$2,200,000
$1,119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jackson Hole have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Jackson Hole was $2,200,000 in April 2024, up 4.7% from last year, and the median price per square foot was $1,119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $855K | $840K | -1.8% |
| 2 Bedrooms | $1.1M | $1.1M | -2.3% |
| 3 Bedrooms | $2.0M | $2.3M | +17.2% |
| 4 Bedrooms | $3.6M | $3.8M | +7.6% |
| 5+ Bedrooms | $6.1M | $4.9M | -19.4% |
Summary: Jackson Hole housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Cities
| Jackson Hole | $2.1M | $2.2M | +4.7% |
| Jackson | $2.3M | $2.4M | +3.2% |
Housing Supply in Jackson Hole, WY
How many homes are available in Jackson Hole, WY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 138 | 145 | +5.1% |
Summary: The Jackson Hole real estate market had 145 homes for sale in April 2024, a 5.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 10 | -28.6% |
| 2 Bedrooms | 39 | 38 | -2.6% |
| 3 Bedrooms | 42 | 50 | +19.0% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 21 | 26 | +23.8% |
Summary: The Jackson Hole housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 23.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 21 | +50.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson Hole, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Jackson Hole in April 2024, up by 50.0% month-over-month. Of the 18 sold homes, 78% were sold under asking, 17% were sold at asking, and 6% were sold over asking.
Days on Market for Jackson Hole, WY
How long does it take to sell a home in Jackson Hole, WY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 146 Days | 159 Days | +8.8% |
Summary: Homes in Jackson Hole had an average of 159 days on market in Apr 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Jackson Hole are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 21 homes were sold in Jackson Hole; 5% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.
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