Is Teton County, 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, Teton County was a Seller's Market.
Housing Prices in Teton County, WY
How much do homes in Teton County, WY cost?
Median Sold Price
$2,150,000
$1,072/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Teton County was $2,150,000 in March 2024, up 3.2% from last year, and the median price per square foot was $1,072.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $929.5K | $850K | -8.6% |
2 Bedrooms | $1.2M | $1.1M | -8.7% |
3 Bedrooms | $2.0M | $2.3M | +14.3% |
4 Bedrooms | $3.4M | $3.7M | +9.5% |
5+ Bedrooms | $6.0M | $4.9M | -18.3% |
Summary: Teton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 18.3%.
Median Sold Price Compared To Nearby Counties
Sublette County | $355K | $400K | +12.7% |
Teton County | $2.0M | $2.1M | +3.2% |
Teton County | $798.7K | $810K | +1.4% |
Housing Supply in Teton County, WY
How many homes are available in Teton County, WY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
155 | 150 | -3.2% |
Summary: The Teton County real estate market had 150 homes for sale in March 2024, a 3.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 12 | -7.7% |
2 Bedrooms | 44 | 45 | +2.3% |
3 Bedrooms | 46 | 47 | +2.2% |
4 Bedrooms | 27 | 23 | -14.8% |
5+ Bedrooms | 25 | 23 | -8.0% |
Summary: The Teton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Teton County in March 2024, up by 27.3% month-over-month. Of the 13 sold homes, 77% were sold under asking, 0% were sold at asking, and 23% were sold over asking.
Days on Market for Teton County, WY
How long does it take to sell a home in Teton County, WY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
169 Days | 105 Days | -37.9% |
Summary: Homes in Teton County had an average of 105 days on market in Mar 2024, down by 37.9% 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
Summary: During March 2024, 14 homes were sold in Teton County; 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.