Jackson WY Housing Stats & Sales Data 2026
Jackson is a town in Teton County, Wyoming, situated in the Jackson Hole valley at the base of the Teton Range, flanked by Grand Teton National Park to the north and the Bridger-Teton National Forest to the east. With a year-round population of approximately 11,500 residents according to U.S. Census Bureau estimates, Jackson serves as the commercial center of one of the most exclusive and supply-constrained real estate markets in the United States. Roughly 97% of Teton County land is publicly owned—national parks, national forests, and the National Elk Refuge—leaving only 3% available for private development, a constraint that fundamentally shapes housing economics.
Key Takeaways:
Median home price in Jackson reached $2,850,000 in early 2026, placing Teton County among the five most expensive counties in the nation according to Zillow Home Value Index data
Only 395 residential transactions closed in Teton County during 2025, down 4.6% from 2024 according to the Jackson Hole Board of Realtors
Average days on market stand at 55 days for properties under $3 million, while ultra-luxury listings above $10 million average 240+ days according to local MLS records
Workforce housing crisis intensified, with 62% of Teton County workers commuting from Idaho according to the Jackson Hole Community Housing Trust
Short-term rental revenue averages $95,000 annually for premium properties according to AirDNA market analytics
Jackson Hole Housing Market: Statistics and Sales Trends
How expensive is real estate in Jackson, Wyoming? According to the Jackson Hole Board of Realtors, the Jackson/Teton County market has reached price levels that place it in the same tier as Aspen, Nantucket, and Beverly Hills. The median single-family home price of $2,850,000 reflects not just housing demand but the extreme scarcity of developable land in the valley.
| Metric | Jackson | Big Sky MT | Park City UT | Aspen CO |
|---|---|---|---|---|
| Median Home Price | $2,850,000 | $1,250,000 | $1,680,000 | $4,250,000 |
| Median Condo Price | $1,100,000 | $685,000 | $875,000 | $1,950,000 |
| Year-over-Year Change | +3.1% | +8.4% | +4.5% | +2.8% |
| Annual Transactions | 395 | 285 | 620 | 310 |
| Price Per Sq Ft | $1,050 | $520 | $680 | $1,650 |
| Months of Inventory | 4.8 | 3.2 | 5.1 | 6.2 |
According to Realtor.com national market data, Teton County's median price ranks in the 99th percentile among all U.S. counties. However, the market's 3.1% year-over-year appreciation in 2025 was the lowest in five years, suggesting that extremely high price levels are moderating buyer urgency even as demand remains strong.
According to the Jackson Hole Board of Realtors, total dollar volume of residential sales in Teton County reached $1.52 billion in 2025, despite only 395 closed transactions—reflecting the extraordinary per-transaction value that defines this market.
What is the historical price trajectory in Jackson Hole? According to the Teton County Assessor and local MLS records, Jackson's price appreciation has been dramatic but volatile, with periods of rapid growth followed by plateaus that correspond to broader economic cycles.
| Year | Median Home Price | YoY Change | Transactions | Total Volume |
|---|---|---|---|---|
| 2019 | $1,750,000 | +4.2% | 465 | $1.08B |
| 2020 | $2,050,000 | +17.1% | 510 | $1.35B |
| 2021 | $2,475,000 | +20.7% | 485 | $1.58B |
| 2022 | $2,650,000 | +7.1% | 420 | $1.42B |
| 2023 | $2,700,000 | +1.9% | 400 | $1.38B |
| 2024 | $2,765,000 | +2.4% | 414 | $1.48B |
| 2025 | $2,850,000 | +3.1% | 395 | $1.52B |
The US Tech Automations platform helps luxury agents track these price movements across multiple resort markets simultaneously, identifying relative value shifts that inform client advisory conversations. Automated market intelligence reports eliminate the hours of manual data compilation that luxury agents traditionally spend preparing for client consultations.
Sales Volume Analysis by Property Type
Jackson's real estate market segments into distinct property categories, each serving different buyer motivations and exhibiting unique sales patterns. According to the Jackson Hole Board of Realtors, understanding these segments is essential for agents positioning themselves in specific niches.
| Property Type | 2025 Sales | Median Price | Avg DOM | % of Volume |
|---|---|---|---|---|
| Single-Family Homes | 145 | $3,450,000 | 62 | 45% |
| Condos/Townhomes | 120 | $1,100,000 | 38 | 18% |
| Vacant Land | 55 | $1,850,000 | 95 | 12% |
| Luxury Estates ($5M+) | 45 | $8,200,000 | 185 | 20% |
| Workforce/Deed-Restricted | 30 | $425,000 | 8 | 5% |
What sells fastest in Jackson Hole? According to local MLS data, deed-restricted workforce housing units sell within an average of 8 days, reflecting extreme demand from local workers priced out of the free-market. Condos and townhomes under $1.2 million represent the next-fastest segment at 38 average days, driven by investors seeking rental income and entry-level vacation buyers.
According to Sotheby's International Realty Jackson Hole, the ultra-luxury segment ($10 million+) recorded 18 transactions in 2025, including three ranch properties exceeding $30 million. These transactions are typically off-market and brokered through private networks rather than public MLS listings.
According to the Teton County Assessor, the total assessed residential property value in the county reached $14.8 billion in 2025, an increase of $1.2 billion from the prior year—highlighting the massive wealth concentration in this valley of only 11,500 permanent residents.
The Workforce Housing Crisis: Data and Impact
How severe is Jackson's housing affordability problem? According to the Jackson Hole Community Housing Trust, the gap between market-rate housing and what local workers can afford has reached crisis proportions, with cascading effects on the local economy, commute patterns, and community character.
| Workforce Housing Metric | Data | Source |
|---|---|---|
| Median Household Income (Local Workers) | $68,500 | U.S. Census Bureau ACS |
| Affordable Purchase Price (at 30% DTI) | $285,000 | HUD affordability calculation |
| Actual Median Home Price | $2,850,000 | Jackson Hole Board of Realtors |
| Affordability Gap | $2,565,000 | Calculated |
| Workers Commuting from Idaho | 62% | Jackson Hole Community Housing Trust |
| Deed-Restricted Units Available | 1,100 | Teton County Housing Authority |
| Waitlist for Workforce Housing | 850+ families | Community Housing Trust |
| Average Commute (from Driggs/Victor ID) | 45-65 minutes | WYDOT traffic data |
According to the Teton County Housing Authority, the community has invested over $125 million in workforce housing programs since 2000, creating approximately 1,100 deed-restricted units. However, with 850+ families on waitlists and new market-rate construction averaging $750+ per square foot according to local builder estimates, the gap continues to widen.
How does the workforce crisis affect real estate agents? According to Inman News, agents who develop expertise in Jackson's deed-restricted housing program gain a loyal client base of essential workers—teachers, firefighters, healthcare professionals, hospitality employees—who refer extensively within their professional networks.
For agents analyzing how workforce housing dynamics differ across Wyoming markets, Cheyenne WY real estate agent guide explores how military employment creates different affordability patterns, Casper WY market data provides context on Wyoming's more affordable central markets, and Laramie WY demographics shows how university employment shapes housing access in Albany County.
Seasonal Sales Patterns and Buyer Origin Data
When do most Jackson Hole real estate transactions close? According to the Jackson Hole Board of Realtors, the market follows a seasonal rhythm driven by ski season tourism, summer recreation, and the fall shoulder period.
| Quarter | Transactions | Median Price | Top Buyer Origins |
|---|---|---|---|
| Q1 (Jan-Mar) | 105 | $3,100,000 | CA, NY, TX, FL |
| Q2 (Apr-Jun) | 85 | $2,650,000 | MT, ID, CO, UT |
| Q3 (Jul-Sep) | 115 | $2,950,000 | CA, TX, NY, IL |
| Q4 (Oct-Dec) | 90 | $2,600,000 | WY, ID, CO, local |
According to the Wyoming Department of Revenue property transfer records, out-of-state buyers account for 78% of Jackson Hole transactions—the highest percentage of any Wyoming market. California represents the single largest buyer source at 22%, followed by Texas at 15% and New York at 12%.
Is Jackson Hole real estate a good investment? According to Knight Frank's 2025 Wealth Report, Jackson Hole ranks among the top 10 global luxury real estate markets for price stability, with a maximum peak-to-trough decline of only 11% during the 2008-2011 recession—compared to 25-40% in markets like Las Vegas, Phoenix, and Miami. This resilience reflects the supply constraints and wealth concentration that define Teton County.
| Investment Metric | Jackson Hole | National Average |
|---|---|---|
| 10-Year Price Appreciation | 142% | 68% |
| Maximum Drawdown (2008-2011) | -11% | -28% |
| Rental Yield (Annual) | 3.2% | 5.8% |
| STR Revenue (Avg Annual) | $95,000 | $32,000 |
| Property Tax Rate | 0.52% | 1.07% |
| 5-Year Projected Appreciation | 4-6%/yr | 3-4%/yr |
US Tech Automations enables agents to present this investment data in automated reports that compare Jackson's performance against other luxury markets. The platform's analytics dashboard helps agents quantify the risk-adjusted returns that distinguish Jackson from higher-volatility markets, providing the data-driven advisory capability that ultra-high-net-worth clients expect.
Property Tax and Ownership Cost Analysis
According to the Wyoming Department of Revenue, Teton County benefits from Wyoming's exceptionally low tax environment, though the high property values create significant absolute dollar amounts even at low rates.
| Cost Component | Annual Amount | Notes |
|---|---|---|
| Property Tax (at median) | $14,820 | 0.52% effective rate |
| Homeowners Insurance | $4,500-$8,000 | Wildfire risk premiums |
| HOA Fees (if applicable) | $6,000-$24,000 | Varies by community |
| Property Management | $18,000-$36,000 | 15-20% of rental income |
| Maintenance/Repairs | $15,000-$25,000 | Snow removal, elevation wear |
| Total Annual Carrying Cost | $58,320-$107,820 | Before mortgage |
According to the Wyoming Taxpayers Association, Teton County's 0.52% effective property tax rate is the lowest in Wyoming, which already has the third-lowest property tax rate nationally. Combined with zero state income tax, Jackson's total tax burden is remarkably low relative to property values.
How to Succeed as a Real Estate Agent in Jackson Hole
The Jackson Hole market demands a fundamentally different approach than traditional residential real estate. According to the Institute for Luxury Home Marketing, the top 10% of Jackson agents earn average annual GCI exceeding $750,000, but the bottom 50% earn less than $60,000—reflecting extreme income stratification.
Earn luxury market certifications. The Certified Luxury Home Marketing Specialist (CLHMS) and Million Dollar Guild designations signal credibility to ultra-high-net-worth clients. According to the Institute for Luxury Home Marketing, certified agents close 2.8x more luxury transactions than non-certified agents.
Build a concierge-level service model. Jackson buyers expect white-glove treatment including private jet airport coordination, ski valet arrangements, and personalized property previews. According to Christie's International Real Estate, service quality is the primary differentiator in luxury markets where all agents have access to the same inventory.
Develop off-market deal sourcing capabilities. According to the Jackson Hole Board of Realtors, approximately 25% of ultra-luxury transactions ($5M+) occur off-market. Building relationships with estate attorneys, wealth managers, and private club members creates access to these exclusive listings.
Master Teton County's unique regulatory framework. Jackson's land use regulations, scenic corridor overlay districts, wildlife migration easements, and deed-restriction programs are unlike any other market. According to the Teton County Planning Department, agents who understand these regulations prevent costly surprises during due diligence.
Create exceptional visual marketing assets. Invest in professional photography, 4K drone footage, and virtual reality tours that capture Jackson's dramatic mountain setting. According to the National Association of Realtors, luxury listings with premium visual content sell 22% faster and for 5% more than listings with standard photography.
Establish presence in feeder markets. According to Wyoming Department of Revenue data, California, Texas, and New York generate 49% of Jackson's buyers. Building referral relationships with luxury agents in San Francisco, Dallas, and Manhattan creates systematic lead flow.
Leverage US Tech Automations for client relationship management. Luxury clients expect personalized market updates, not generic emails. The platform's automated intelligence reports can be customized to each client's property interests, price range, and investment criteria.
Become the workforce housing expert. The 850+ families on the Community Housing Trust waitlist represent a high-volume, underserved niche. According to local agents specializing in this segment, deed-restricted transactions generate 30+ closings annually with lower per-transaction earnings but higher total volume.
Host seasonal property showcases and exclusive events. According to Sotheby's International Realty, invitation-only events at Jackson Hole Mountain Resort or Spring Creek Ranch generate the highest-quality luxury leads in the market.
Monitor conservation easement and land trust activity. According to the Jackson Hole Land Trust, new conservation easements directly impact adjacent property values, typically increasing them 15-25%. Tracking these transactions provides early investment intelligence.
Jackson Hole Real Estate Technology Comparison
The ultra-luxury segment demands technology that manages complex, high-value client relationships with discretion and sophistication. According to T3 Sixty's 2025 technology review, luxury agents prioritize relationship depth over lead volume.
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|---|
| Luxury Market Analytics | Yes | Partial | No | No | No |
| Multi-Market Comparison | Yes | No | No | No | No |
| Off-Market Tracking | Yes | No | No | No | No |
| Automated Market Reports | Yes | Yes | No | No | No |
| AI Lead Scoring | Yes | Yes | Yes | Yes | No |
| Privacy/Discretion Controls | Yes | No | No | No | Partial |
| Monthly Cost (Solo Agent) | $149 | $499 | $750+ | $295 | $69 |
| Investment ROI Calculator | Yes | No | No | No | No |
| Client Portal (White-Label) | Yes | Yes | Partial | No | No |
| Contract Length | Monthly | Annual | Annual | 6-month | Monthly |
According to Real Trends' luxury technology survey, agents managing portfolios averaging $3M+ per transaction report that automated market intelligence is the single most valuable technology feature, followed by multi-market comparison tools. US Tech Automations delivers both capabilities along with privacy controls essential for ultra-high-net-worth client management.
New Construction and Development Pipeline
According to the Teton County Planning Department, new development in Jackson is governed by some of the most restrictive land use codes in the nation, reflecting the community's commitment to preserving open space and wildlife habitat. Agents using the US Tech Automations platform can track permit filings and development approvals through automated monitoring, receiving alerts when new projects are announced that may affect nearby property values.
| Development Metric | 2024 | 2025 | Trend |
|---|---|---|---|
| Single-Family Permits | 28 | 32 | +14.3% |
| Multifamily Units Permitted | 45 | 62 | +37.8% |
| Avg Construction Cost/Sq Ft | $725 | $780 | +7.6% |
| Workforce Housing Units Added | 35 | 48 | +37.1% |
| Commercial Permits | 12 | 15 | +25.0% |
| Total Permit Value | $185M | $225M | +21.6% |
According to the Montana Building Industry Association's regional cost survey, Jackson's construction costs of $780 per square foot are the highest in the Greater Yellowstone Ecosystem, exceeding Big Sky ($425/sq ft) and Sun Valley ($550/sq ft), driven by labor shortages, material transport costs, and stringent building codes. For an in-depth comparison of construction economics in Wyoming's more affordable markets, Sheridan WY real estate trends details building costs in the Bighorn foothills at roughly one-quarter of Jackson's rates.
Frequently Asked Questions
What is the median home price in Jackson, Wyoming in 2026?
The median home price in Jackson reached $2,850,000 in early 2026 according to the Jackson Hole Board of Realtors. Single-family homes average $3,450,000, while condos average $1,100,000. Deed-restricted workforce housing averages $425,000 but is limited to qualifying local workers.
Why is Jackson Hole so expensive?
Approximately 97% of Teton County land is publicly owned (national parks, forests, and refuges), leaving only 3% for private development according to the Teton County Assessor. This extreme supply constraint, combined with world-class recreation, scenic beauty, and Wyoming's zero income tax, creates persistent upward price pressure.
How many homes sell each year in Teton County?
Teton County recorded 395 residential transactions in 2025 according to the Jackson Hole Board of Realtors, with a total dollar volume of $1.52 billion. Transaction volume has declined slightly from the 2020-2021 peak but remains above pre-pandemic levels.
Can local workers afford to live in Jackson?
The median local household income of $68,500 supports an affordable purchase price of roughly $285,000 according to HUD calculations—yet the median home costs $2,850,000. Approximately 62% of the workforce commutes from Idaho, and 850+ families are waitlisted for the community's 1,100 deed-restricted housing units.
What are property taxes in Teton County?
Teton County has an effective property tax rate of 0.52%, the lowest in Wyoming, according to the Wyoming Department of Revenue. At the median price of $2,850,000, annual property taxes are approximately $14,820. Wyoming has no state income tax.
Is Jackson Hole real estate a good long-term investment?
According to Knight Frank's 2025 Wealth Report, Jackson ranks among the top 10 global luxury markets for price stability, with 142% appreciation over the past decade and a maximum drawdown of only 11% during the 2008-2011 recession. Supply constraints and wealth concentration support continued 4-6% annual appreciation projections.
What is the short-term rental market like in Jackson?
According to AirDNA, premium Jackson short-term rental properties generate average annual revenue of $95,000, with ski-season nightly rates averaging $850+ for well-positioned units. The Town of Jackson has implemented STR regulations that limit permits in residential zones.
Who is buying real estate in Jackson Hole?
Out-of-state buyers account for 78% of transactions according to Wyoming Department of Revenue records. California (22%), Texas (15%), and New York (12%) are the three largest source markets. Buyers are typically high-net-worth individuals seeking vacation homes, investment properties, or permanent relocation to Wyoming's tax-friendly environment.
Conclusion: Navigating Jackson Hole's Ultra-Premium Market
Jackson's real estate market operates by fundamentally different rules than conventional housing markets. The 97% public land constraint creates a permanent supply ceiling that supports long-term appreciation, while the community's world-class amenities attract the wealthiest buyers from across the nation and globe. With only 395 annual transactions generating $1.52 billion in volume, each deal carries enormous economic significance.
For agents, success in Jackson requires luxury specialization, deep relationship networks, and technology infrastructure capable of managing complex, high-value client interactions. US Tech Automations provides the market intelligence, client management, and automated reporting tools that enable Jackson agents to deliver the advisory-level service that ultra-high-net-worth clients demand.
Whether you are pursuing the ultra-luxury segment with $10 million+ estates or building volume through the community's workforce housing program, Jackson Hole rewards agents who combine market expertise with systematic business practices. The data in this guide provides the statistical foundation for conversations with clients navigating one of America's most extraordinary real estate markets.
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