Jackson Hole Real Estate Market Report: Mid-Year 2025

Jackson Hole’s real estate market is finding its footing midway through 2025, with transaction volume up, inventory rebounding, and nuanced pricing trends across segments. Below, we unpack the key metrics that define the first half of the year and what it means for buyers, sellers, and investors heading into the busy summer/fall season.

Market Overview

By mid‑2025, Jackson Hole saw 168 closed transactions, a +8% increase year‑over‑year, driving a total dollar volume of $725.5 million (+14%).

While the average sale price climbed to $4.33 million (+5%), the median sale price actually dipped to $1.78 million (–11%), reflecting a mix of high‑end deals and more accessible properties changing hands.

Meanwhile, active listings rose to 283 (+16%), giving buyers notably more options compared to this time last year.

Metric	Mid‑Year 2025	YOY Change
Number of Sales	168	+8%
Average Sale Price	$4,326,452	+5%
Median Sale Price	$1,780,000	–11%
Active Listings	283	+16%
Total Dollar Volume	$725,545,942	+14%

Data from Keller Williams Jackson Hole

Single Family Homes

The heart of the market, single-family homes, accounted for 42% of all deals YTD.

Through mid‑2025:

70 homes sold, up +2% from last year.
Average sale price soared to $6.70 million (+34%), skewed by luxury transactions. 👀
Median sale price rose to $3.16 million (+14%), indicating broad demand across tiers.
Active listings climbed to 128 (+15%), though inventory under $3 million remains scarce.
Under contract listings are up +24%, and days on market have fallen by nearly 20%.

Metric	Mid‑Year 2025	YOY Change
Number of Sales	70	+2%
Average Sale Price	$6,703,363	+34%
Median Sale Price	$3,160,000	+14%
Active Listings	128	+15%

Data from Keller Williams Jackson Hole

Condos & Townhomes

After a lull during rising rates, condos and townhomes rebounded sharply:

57 units sold, up +29% YOY. 👀
Average sale price stabilized at $1.74 million (+17%).
Median sale price is $1.19 million (+7%), with 30% of sales under $1 million.
Active listings increased to 63 (+9%).
Average days on market dropped to 136 (–9%).
Short‑term rental–zoned properties made up 45% of transactions, underlining strong investor demand.

Metric	Mid‑Year 2025	YOY Change
Number of Sales	57	+29%
Average Sale Price	$1,738,777	+17%
Median Sale Price	$1,190,000	+7%
Active Listings	63	+9%

Land & Ranches

Land remains the smallest slice at 13% of sales, yet shows surprising vigor:

22 parcels sold, down slightly (–6%) from mid‑2024.
Average sale price jumped to $4.50 million (+61%), driven by several high‑value deals. 👀
Median sale price fell to $1.88 million (–14%), a sign of wider price dispersion.
Active listings held steady at 54 (0% change).
Parcels under contract soared +167%, suggesting a busy second half. 👀

Metric	Mid‑Year 2025	YOY Change
Number of Sales	22	–6%
Average Sale Price	$4,497,147	+61%
Median Sale Price	$1,880,000	–14%
Active Listings	54	0%

Luxury Listings

The luxury segment led all categories in volume growth:

40 luxury sales, up +41% YOY.
Average sale price eased to $11.23 million (–17%), skewed last year by a $50 million+ deal.
Active listings increased to 97 (+31%).
Properties under contract rose +44%, and luxury homes are moving 20% faster than last year.

Metric	Mid‑Year 2025	YOY Change
Number of Sales	40	+41%
Average Sale Price	$11,230,113	–17%
Active Listings	97	+31%

Looking Ahead

With 38% more listings under contract than this time last year, momentum is unmistakable. Buyers can expect a deeper, but still competitive market, while sellers benefit from strong demand in the luxury and single‑family segments.

As summer heats up, keep an eye on interest rate shifts (possibly at the Fed Meeting) and inventory flows to time your next move in Jackson Hole’s uniquely dynamic market.