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.
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Several quick improvements that add tremendous value.
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Eat well for breakfast, lunch, and dinner in this one-of-a-kind resort town.
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Upgrade and staging ideas sure to wow buyers.
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Ideas to make your outdoor space even more enjoyable.
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Take the whole family on a memorable Rocky Mountain adventure in the Tetons.
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From minor fixes to full refurbishments, mix and match the following ideas to maximize your return on investment.
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Make the transition smoother by getting to know more about Jackson Hole.
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Treks perfect for total beginners, experienced, and expert hikers.
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Our favorite trails for beginners and experienced riders.
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The key factors that make Mark Icuss the right agent for you!
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Enjoy the stunning weather and nature views of Teton Village with these outdoor activities.
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Perches over 6,200 feet above sea level and sits amidst some of the most stunning alpine scenery in the world.
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Whether it’s hiking, floating, or golfing, I’ve pretty much nailed the ins and outs of how to plan a great adventure.
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We can stretch our hard-earned dollars further, whether buying real estate, leaving property to our heirs, or buying a new mountain bike.
