The latest real estate numbers are in, and while the median list price in Jackson Hole remains sky-high at $2.37 million, the market is quietly shifting.
Price Trends
- Median List Price: $2,370,000 ($1,233 per sq ft).
- Change YoY: Down 3.3% (or $79,875 less than last year).
- Average Days on Market: 168 days, down 33.7% from last year’s 254 days.
(Data from Rocket Homes)
So while prices are slightly softening, homes are selling faster, a possible sign of shifting buyer behavior.
Price by Location (May 2025)
City | Median Price | YoY Change |
---|---|---|
Alta | $2.9M | 🔼 +90.0% |
Jackson | $2.4M | 🔽 -0.9% |
Jackson Hole | $2.3M | 🔽 -3.3% |
Kelly | $2.3M | 🔽 -20.8% |
📌 Alta saw the biggest jump, nearly doubling in price. Meanwhile, Kelly took the hardest hit.
Price by Bedroom Count
Bedrooms | May 2025 Price | YoY Change |
---|---|---|
1 BR | $1.1M | 🔼 +25.6% |
2 BR | $1.2M | 🔼 +9.3% |
3 BR | $2.2M | 🔽 -5.4% |
4 BR | $3.9M | 🔼 +9.7% |
5+ BR | $7.9M | 🔼 +19.5% |
💡 Smaller and larger homes are seeing more demand, while 3-bed homes are slipping in price.
Supply Trends
- Total Homes for Sale (May 2025): 200
- Change from April: +16.3% (from 172)
Bedrooms | Listings (May) | MoM Change |
---|---|---|
1 BR | 13 | +8.3% |
2 BR | 60 | +17.6% |
3 BR | 58 | +11.5% |
4 BR | 30 | +50.0% |
5+ BR | 39 | +5.4% |
📈 Inventory is climbing across all categories, especially for 4-bedroom homes.
TLDR: Prices are dipping slightly, listings are rising, and homes are spending less time on the market. If you’re looking to buy in Jackson Hole, the tide may finally be turning in your favor, just be ready to act quickly.
AntlersArch founder and the voice behind Teton Tattle.