$10,000 Closing Credit*
$895,000
736 SqFt
1 Bed
•1 Full Bath
Sam Reece, Stephanie Buelow, Listing Office: Compass Real Estate
Is Jackson Hole, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Jackson Hole has remained a Buyer's Market.
Key Takeaway
Jackson Hole is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jackson Hole, WY
How much do homes in Jackson Hole, WY cost?
Median Sold Price
$2,100,000
$1,072/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$30,000(-1.4%)
Key Takeaway
Homes in Jackson Hole have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Jackson Hole was $2,100,000 in December 2024, down 1.4% from last year, and the median price per square foot was $1,072.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $850K | $850K | 0.0% |
| 2 Bedrooms | $1.0M | $1.1M | +8.9% |
| 3 Bedrooms | $2.0M | $1.9M | -0.6% |
| 4 Bedrooms | $3.3M | $3.4M | +1.6% |
| 5+ Bedrooms | $5.7M | $4.9M | -13.9% |
Summary: Jackson Hole housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 13.9%.
Median Sold Price Compared To Nearby Cities
| Jackson Hole | $2.1M | $2.1M | -1.4% |
| Jackson | $2.3M | $2.1M | -10.1% |
Housing Supply in Jackson Hole, WY
How many homes are available in Jackson Hole, WY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 175 | 177 | +1.1% |
Summary: The Jackson Hole real estate market had 177 homes for sale in December 2024, a 1.1% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 44 | 42 | -4.5% |
| 3 Bedrooms | 38 | 36 | -5.3% |
| 4 Bedrooms | 37 | 38 | +2.7% |
| 5+ Bedrooms | 47 | 51 | +8.5% |
Summary: The Jackson Hole housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 8.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson Hole, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Jackson Hole in December 2024, down by 26.3% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 91 Days | 140 Days | +54.0% |
Summary: Homes in Jackson Hole had an average of 140 days on market in Dec 2024, up by 54% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 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 December 2024, 14 homes were sold in Jackson Hole; 7% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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