Jackson Hole Real Estate Market Update – Mid 2025
The Jackson Hole real estate market continues to prove its strength and exclusivity in 2025. With sales volume rising, listings growing, and luxury properties commanding record prices, the valley remains one of the most competitive and resilient housing markets in the United States.
Here’s a full breakdown of where the Jackson Hole market stands as of August 2025—and what it means for buyers, sellers, and investors.
1. Overall Market Snapshot
The first half of 2025 brought both growth and balance to the Jackson Hole market.
168 closed transactions (+8% year-over-year)
Total sales volume: $725.5 million (+14%)
Average sale price: $4.33 million (+5%)
Median sale price: $1.78 million (–11%)
Active listings: 283 (+16%)
Takeaway: While the median dipped slightly, the increase in average price shows strength at the high end of the market—luxury sales are driving performance.
2. Single-Family Homes
The single-family segment continues to dominate.
70 homes sold (+2%)
Average sale price: $6.7 million (+34%)
Median sale price: $3.16 million (+14%)
Active listings: 128 (+15%)
Takeaway: Rising prices show continued demand for luxury estates and ranch properties, particularly in areas like Wilson, North of Town, and West Bank.
3. Condos & Townhomes
The condo and townhome segment surged in activity.
57 units sold (+29%)
Average price: $1.74 million (+17%)
Median price: $1.19 million (+7%)
Active listings: 63 (+9%)
Takeaway: Condos and townhomes are increasingly attractive for second-home buyers and investors seeking rental income, especially near Teton Village and downtown Jackson.
4. Land & Ranches
Vacant land and ranch property sales were slower but values remain strong.
22 parcels sold (–6%)
Average sale price: $4.5 million (+61%)
Median price: $1.88 million (–14%)
Active listings: 54 (steady)
Parcels under contract: +167%
Takeaway: Fewer parcels closed in the first half of the year, but the sharp increase in properties under contract shows land demand is picking up—particularly for legacy ranches and buildable acreage.
5. What This Means for Buyers
More inventory: Listings are up 16%, giving buyers more options than last year.
Luxury competition: High-end homes are moving quickly and often at premium prices.
Land opportunities: Slower land sales create opportunities for strategic buyers before demand rebounds.
Advice: Be prepared to act quickly on desirable properties, and partner with a local realtor who knows off-market opportunities.
6. What This Means for Sellers
Strong luxury demand: Properties over $3 million continue to attract attention.
Strategic pricing matters: With more inventory, buyers are discerning—homes priced right sell faster.
Presentation counts: Staging, professional photography, and marketing maximize exposure.
Advice: Now is a strong time to sell, but correct pricing and presentation are critical.
Conclusion: Jackson Hole Market Outlook
The Jackson Hole real estate market remains one of the most resilient and desirable in the country. While more inventory is giving buyers breathing room, luxury properties are pushing average prices higher and land demand is staging a comeback.
If you’re considering buying or selling in Jackson Hole, let’s connect. I can help you navigate this competitive market, find hidden opportunities, and ensure your investment aligns with both lifestyle and long-term value.
Frequently Asked Questions – Jackson Hole Real Estate Market
1. Are home prices rising in Jackson Hole?
Yes. While the median dipped slightly, the average home price rose to $4.33M (+5%), and single-family home prices climbed significantly.
2. What is the average home price in Jackson Hole in 2025?
As of August 2025, the average sale price is $4.33M, while the median is $1.78M.
3. Is it a buyer’s or seller’s market in Jackson Hole?
It’s still competitive, but with inventory up 16%, buyers have more leverage compared to recent years.
4. What types of properties are most in demand?
Luxury estates, ski-in/ski-out homes, and ranch properties continue to lead demand. Condos and townhomes are also gaining traction among investors.
5. How is the land market performing?
Land sales slowed slightly in early 2025, but contracts are up 167%, signaling renewed demand for ranches and acreage.
Sources
Antlers Arch – Jackson Hole Mid-Year Market Report 2025
Keller Williams Jackson Hole – Market Report Mid-Year 2025