Elizabeth Biz Doyle, DoyleDawes, Listing Office: Jackson Hole Sotheby's International Realty
Jackson Hole Housing Market Report December 2024•Teton County, Wyoming
Housing Prices in Jackson Hole, WY
How much do homes in Jackson Hole, WY cost?
Housing Market Conditions
Is Jackson Hole, WY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Jackson Hole is a Buyer's Market
Difference Since December 2023
Since last year, Jackson Hole has remained a Buyer's Market.
Jackson Hole is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Jackson Hole have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Jackson Hole was $2,100,000 in December 2024, down 1.4% from last year, and the median price per square foot was $1,072.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Jackson Hole | $2.1M | $2.1M | -1.4% |
Jackson | $2.3M | $2.1M | -10.1% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $850K | $850K | 0.0% |
22 Bedrooms | $1.0M | $1.1M | +8.9% |
33 Bedrooms | $2.0M | $1.9M | -0.6% |
44 Bedrooms | $3.3M | $3.4M | +1.6% |
55+ Bedrooms | $5.7M | $4.9M | -13.9% |
Summary: Jackson Hole housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +8.9%. The home price for 3 bedroom homes decreased by -0.6%. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes decreased by -13.9%.
Housing supply in Jackson Hole, WY
How many homes are available in Jackson Hole, WY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
177Last MonthDec 2024 | ||
1752 months agoNov 2024 | +1.1 % Change MoMNov – Dec |
Summary: The Jackson Hole real estate market had 177 homes for sale in Dec 2024, a 1.1 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthDec 2024 | ||
192 months agoNov 2024 | -26.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 9 | 10 | +11.1% |
22 Bedrooms | 44 | 42 | -4.5% |
33 Bedrooms | 38 | 36 | -5.3% |
44 Bedrooms | 37 | 38 | +2.7% |
55+ Bedrooms | 47 | 51 | +8.5% |
Summary: Jackson Hole housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +11.1%. The inventory for 2 bedroom homes decreased by -4.5%. The inventory for 3 bedroom homes decreased by -5.3%. The inventory for 4 bedroom homes increased by +2.7%. The inventory for 5 bedroom homes increased by +8.5%.
Asking Price vs. Sold Price
How much do homes in Jackson Hole, WY cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price8 Homes
If you're buying a home in Jackson Hole, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Jackson Hole in December 2024, down by 26.3% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and and 0% were sold over asking.
Days on Market for Jackson Hole, WY
How long does it take to sell a home in Jackson Hole, WY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days6 Homes
Over 90 Days7 Homes
Most homes in Jackson Hole are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 14 homes were sold in Jackson Hole; 7% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
140 DaysThis YearDec 2024 | ||
91 Days1 year agoDec 2023 | +54.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Jackson Hole had an average listing age of 140 days in Dec 2024, up by 54.0% compared to the previous year.
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Newest Listings in Jackson Hole, WY
What homes are available in Jackson Hole, WY?
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MLS Disclaimers and Copyright
Based on information from Teton MLS, for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.