The Latest Trends in Jackson Hole Real Estate

If you're in the market for a new home, Jackson Hole should be at the top of your list. This charming 48-mile valley in Wyoming is home to some of the most beautiful and prestigious real estate in the country. With stunning mountain views, plenty of outdoor activities, and a thriving community, Jackson Hole has it all, so it's no wonder Jackson Hole is one of the most desirable places to live in America. In this blog post, we'll take a look at some of the latest trends in houses for sale in Jackson Hole, WY. As mentioned above, Jackson Hole is the name of the valley and is home to towns like Jackson, Moose, Moran Junction, Teton Village, and Wilson, so we’ll look at trends for these areas specifically.

Jackson is the main town of Jackson Hole and attracts numerous outdoor enthusiasts annually based on its proximity to local ski resorts and national parks. Jackson residents appreciate the wide range of dining, entertainment, spas, and outdoor sports options. The local schools are also a draw for families who want to live in Jackson Hole, WY real estate. However, if living in a popular tourist location is not your preference, one of the other towns may be a better fit.

Jackson can be considered a dense suburban area, and the majority of homes are offered for rent rather than owner-occupied, which is unsurprising given the town's tourist popularity. With 62% of residences occupied by renters, Jackson is especially appealing for those interested in buying houses for sale in Jackson Hole, WY, to later serve as rental income properties. Of course, the area is still also popular with residents who prefer to live in Jackson Hole, WY real estate year-round, given it is listed as one of the best places to live in the state! The median home value is approximately $652,000 as of June 2022, and the median rent is $1427. The town is particularly popular for young professionals and families with school-age children.

Moose is about 13 miles from Jackson, within the Grand Teton National Park. Moose is home to the park's visitor center, headquarters, and the Grand Teton Natural History Association. This small town offers limited amenities but is a great location for outdoor enthusiasts who want easy access from their Jackson Hole, WY real estate to the park's trailheads and nearby mountains.

The town is considered to be a sparse suburban area, with far more owner-occupied residences than renter-occupied. The town has a very small population of under 2000, so if you are looking for a small-town vibe, Moose is a great place to consider. The median home value is nearly $1,100,000 as of June 2022, and the median rent is $1236.

Moran Junction, also known simply as Moran, can be found approximately 30 miles from Jackson. The town is located 7000 feet above Jackson Hole's valley and is best known as the Grand Teton National Park's east entrance. Families with young children appreciate the local elementary school as well as the abundance of outdoor activities to be enjoyed in the national park.

The town tends to offer land for sale rather than existing houses for sale in Jackson Hole, WY, so if you want to build your own dream home, this area may be right for you. Land prices tend to be near or above the $1,000,000 mark.

 

Teton Village can be found about 12 miles from Jackson, at the base of the Jackson Hole Mountain Resort. This village is perfect if you want to be close to the ski resort and if you enjoy being part of the tourist action, with all the shops, spas, and restaurants surrounding the hotel.

As with Jackson, Teton Village can be considered dense suburban, so if having multiple amenities nearby is important to you, Teton Village may be the right fit. Unlike Jackson, Teton Village tends to have far more owner-occupied residences, given only 12% of residences are renter-occupied. As such, if you are looking for a home where you can raise a family among long-term neighbors, Teton Village is a great place to consider purchasing Jackson Hole, WY real estate. Families particularly appreciate the local school system. The population is under 500, so residents appreciate the small-town vibe with all the amenities of a larger suburb. The median home value is close to $1,100,000 as of June 2022.

Wilson can be found about 7 miles from Jackson and is named for the Pony Express courier Nick Wilson. The town is a popular historic community that is home to many of the folks who work in nearby businesses. Residents appreciate the dining options and access to sports equipment for outdoor activities, but most especially for the views of passing wildlife in the morning and evening.

Wilson is considered a rural area, so if you want significant space between your Jackson Hole, WY real estate and your neighbors, this town may be right for you. The population is under 1500, so although the area is rural, there are still plenty of neighbors for you to befriend. Wilson is far more popular with buyers who prefer to occupy their new Jackson Hole, WY real estate rather than renting it out. With 89% of the area owner-occupied, it is clear that Wilson is a town for those who want to settle down and live among their community members for the long haul. The median home value is around $862,000 as of June 2022, and the median rent is $1339.

Jackson Hole has something to offer everyone looking to purchase a Wyoming home. With its access to the Jackson Hole Mountain Resort, Grand Teton National Park, and Yellowstone National Park, Jackson Hole is a nature lover's paradise. With a variety of small towns located nearby, each with its own unique vibe, there is sure to be a perfect fit for everyone. So if you are considering Jackson Hole as your next home, be sure to check out all the great towns the area has to offer! For help finding the perfect property among houses for sale in Jackson Hole, WY for you, work with a local real estate agent like Mark Icuss.