$10,000 Closing Credit*
$2,475,000
4,314 SqFt
4 Beds
•3 Baths
Listing Office: Brokers of Jackson Hole BHHS
Is Jackson Hole, 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 Hole was a Seller'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
$2,098,333
$1,071/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$51,666(-2.4%)
Key Takeaway
Homes in Jackson Hole have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Jackson Hole was $2,098,333 in October 2024, down 2.4% from last year, and the median price per square foot was $1,071.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $850K | $850K | 0.0% |
| 2 Bedrooms | $1.1M | $1.1M | +0.9% |
| 3 Bedrooms | $1.9M | $2.0M | 0.3% |
| 4 Bedrooms | $3.6M | $3.2M | -11.0% |
| 5+ Bedrooms | $5.7M | $5.4M | -5.2% |
Summary: Jackson Hole housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 5.2%.
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 Hole, WY
How many homes are available in Jackson Hole, WY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 240 | 223 | -7.1% |
Summary: The Jackson Hole real estate market had 223 homes for sale in October 2024, a 7.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 14 | +16.7% |
| 2 Bedrooms | 55 | 52 | -5.5% |
| 3 Bedrooms | 66 | 56 | -15.2% |
| 4 Bedrooms | 55 | 49 | -10.9% |
| 5+ Bedrooms | 52 | 52 | 0.0% |
Summary: The Jackson Hole housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Asking Price vs. Sold Price
27 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. 87.1% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Jackson Hole in October 2024, up by 2.9% month-over-month. Of the 31 sold homes, 87% were sold under asking, 10% were sold at asking, and 3% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 229 Days | 116 Days | -49.2% |
Summary: Homes in Jackson Hole had an average of 116 days on market in Oct 2024, down by 49.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
19 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 October 2024, 35 homes were sold in Jackson Hole; 0% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 54% of homes were sold over 90 days.
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