Jackson, WY Real Estate for Sale
Browse listings and recent housing market trends.
Browse listings and recent housing market trends.
As of 2024, the real estate market in Jackson, Wyoming, shows a mix of stability and adjustment. Despite the highest mortgage interest rates in over two decades, the Jackson Hole real estate market slightly improved in the first nine months of 2023 compared to 2022. Transaction numbers in Teton County were nearly flat, with 203 closings in 2022 and 204 in 2023. However, the overall dollar volume increased by 11.8% to more than $770 million. The most active market segment was properties priced between $1.5 million and $3 million. Interestingly, properties listed above $5 million, while making up only one-fifth of all transactions, accounted for over 50% of the dollar volume in 2023.
However, there's a notable softening in property values, with anecdotal evidence suggesting a decrease of 5%-10% or more from 2022 values. This trend indicates a cooling in the Teton County market. Despite these changes, Jackson Hole Sotheby’s International Realty has increased its market share to 48.6%, based on overall sold dollar volume, and has shown particular strength in transactions over $5 million.
The market in Jackson Hole is also experiencing a slowdown, but property prices remain high. This indicates a normalization of the market following the record-breaking trends during the pandemic. Properties are staying on the market for longer periods, and cash purchases have become less frequent.
Overall, the Jackson real estate market appears to be adjusting with a slight decrease in property values and a normalization of market activity, yet high-end properties continue to drive a significant portion of the market's dollar volume.
Meet our team.
Mark Icuss | November 21, 2023
Several quick improvements that add tremendous value.
Mark Icuss | November 21, 2023
Embrace the majestic splendor and adventure of living in Teton Village, Wyoming's hidden gem.
November 21, 2023
Everything you need to know about gorgeous Wilson, WY.
Mark Icuss | September 7, 2022
Tips for new and prospective residents include checking out schools and finding new amenities.
Mark Icuss | August 27, 2022
What you can expect when you want to buy or rent in one of these fantastic communities.
Mark Icuss | June 29, 2023
Read on for some top tips for finding that perfect new property.
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The truth about living in Jackson Hole.
Mark Icuss | September 25, 2022
Eat well for breakfast, lunch, and dinner in this one-of-a-kind resort town.
Mark Icuss | July 6, 2023
Learn how to find the best real estate agent to guide you through your buying or selling journey.
Mark Icuss | July 6, 2023
Many investors are targeting Wyoming for their next purchase. Here’s what makes Wyoming such an appealing area.
Mark Icuss | June 29, 2023
Teton Village is the perfect luxury destination for outdoor enthusiasts.
Mark Icuss | April 5, 2023
Tips for getting the best price for your home.
Mark Icuss | October 25, 2022
The top interior design tips to consider for your home in Teton Village.
Mark Icuss | October 23, 2022
Your next snow adventure awaits in this luxury paradise.
Mark Icuss | October 11, 2022
Upgrade and staging ideas sure to wow buyers.
Mark Icuss | October 11, 2022
Ideas to make your outdoor space even more enjoyable.
Mark Icuss | October 2, 2022
Take the whole family on a memorable Rocky Mountain adventure in the Tetons.
Mark Icuss | October 2, 2022
From minor fixes to full refurbishments, mix and match the following ideas to maximize your return on investment.
Mark Icuss | September 25, 2022
Make the transition smoother by getting to know more about Jackson Hole.
Mark Icuss | September 25, 2022
Treks perfect for total beginners, experienced, and expert hikers.
Mark Icuss | September 7, 2022
Our favorite trails for beginners and experienced riders.
Mark Icuss | August 28, 2022
The key factors that make Mark Icuss the right agent for you!
Mark Icuss | August 28, 2022
Enjoy the stunning weather and nature views of Teton Village with these outdoor activities.
Mark Icuss | December 13, 2021
Perches over 6,200 feet above sea level and sits amidst some of the most stunning alpine scenery in the world.
Mark Icuss | December 13, 2021
Whether it’s hiking, floating, or golfing, I’ve pretty much nailed the ins and outs of how to plan a great adventure.
Mark Icuss | December 13, 2021
We can stretch our hard-earned dollars further, whether buying real estate, leaving property to our heirs, or buying a new mountain bike.
