Jackson Housing Market Report January 2025•Teton County, Wyoming

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Housing Prices in Jackson, WY

How much do homes in Jackson, WY cost?

Housing Market Conditions

Is Jackson, WY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Jackson is a Buyer's Market

Difference Since January 2024

Since last year, Jackson has remained a Buyer's Market.

Insight

Jackson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$2,100,000$1,034/SqFt
-$250,000
-10.6%

Based on all homes sold in the last 12 months

Insight

Homes in Jackson have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Jackson was $2,100,000 in January 2025, down 10.6% from last year, and the median price per square foot was $1,034.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Jackson Hole
-4.0%
Jackson
-10.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$850K$800K
-5.9%
2$1.1M$1.0M
-3.3%
3$2.3M$1.9M
-18.6%
4$3.2M$3.1M
-4.4%
5$5.8M$4.4M
-24.5%

Summary: Jackson housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.9%. The home price for 2 bedroom homes decreased by -3.3%. The home price for 3 bedroom homes decreased by -18.6%. The home price for 4 bedroom homes decreased by -4.4%. The home price for 5 bedroom homes decreased by -24.5%.

Housing supply in Jackson, WY

How many homes are available in Jackson, WY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
105Last MonthJan 2025
1052 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The Jackson real estate market had 105 homes for sale in Jan 2025, the same as Dec 2024

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
8Last MonthJan 2025
112 months agoDec 2024
-27.3 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
156
+20.0%
22119
-9.5%
32426
+8.3%
42826
-7.1%
52728
+3.7%

Summary: Jackson housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes decreased by -9.5%. The inventory for 3 bedroom homes increased by +8.3%. The inventory for 4 bedroom homes decreased by -7.1%. The inventory for 5 bedroom homes increased by +3.7%.

Asking Price vs. Sold Price

How much do homes in Jackson, WY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price5 Homes

Insight

If you're buying a home in Jackson, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Jackson in January 2025, down by 27.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and and 0% were sold over asking.

Days on Market for Jackson, WY

How long does it take to sell a home in Jackson, WY?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days4 Homes

Insight

Most homes in Jackson are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 8 homes were sold in Jackson; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
116 DaysThis YearJan 2025
141 Days1 year agoJan 2024
-17.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Jackson had an average listing age of 116 days in Jan 2025, down by 17.9% compared to the previous year.

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Newest Listings in Jackson, WY

What homes are available in Jackson, WY?

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Nearby markets

Popular Cities with Homes for Sale in Wyoming

MLS Disclaimers and Copyright

Based on information from Teton MLS, for the period 02/01/2023 - 02/01/2025

IDXDISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information. © 2025 MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.