$10,000 Closing Credit*
$1,179,000
1,444 SqFt
2 Beds
•2 Full Baths, 1 Partial
Huff/Vaughn/Sassi, Andrew Marshall, Listing Office: Jackson Hole Sotheby's International Realty
Is Jackson, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Jackson was a Buyer's Market.
Key Takeaway
Jackson 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, WY
How much do homes in Jackson, WY cost?
Median Sold Price
$2,150,000
$1,036/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$320,750(-13.0%)
Key Takeaway
Homes in Jackson have sold for 13% less than they did a year ago.
Summary: The median home sold price in Jackson was $2,150,000 in October 2024, down 13% from last year, and the median price per square foot was $1,036.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $850K | $800K | -5.9% |
| 2 Bedrooms | $1.1M | $1.0M | -5.2% |
| 3 Bedrooms | $2.3M | $2.0M | -14.1% |
| 4 Bedrooms | $3.4M | $3.1M | -8.8% |
| 5+ Bedrooms | $6.0M | $4.6M | -23.0% |
Summary: Jackson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 23%.
Median Sold Price Compared To Nearby Cities
| Jackson Hole | $2.1M | $2.0M | -2.4% |
| Jackson | $2.4M | $2.1M | -13.0% |
Housing Supply in Jackson, WY
How many homes are available in Jackson, WY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 155 | 139 | -10.3% |
Summary: The Jackson real estate market had 139 homes for sale in October 2024, a 10.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 28 | 23 | -17.9% |
| 3 Bedrooms | 46 | 38 | -17.4% |
| 4 Bedrooms | 39 | 35 | -10.3% |
| 5+ Bedrooms | 34 | 34 | 0.0% |
Summary: The Jackson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Jackson in October 2024, down by 17.9% month-over-month. Of the 20 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 203 Days | 117 Days | -42.4% |
Summary: Homes in Jackson had an average of 117 days on market in Oct 2024, down by 42.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Jackson are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 23 homes were sold in Jackson; 0% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
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