Search homes for sale in Jackson, a popular tourist destination due to its proximity to the ski resorts Jackson Hole Mountain, Snow King Mountain, and Grand Targhee.
In May 2025, the median home price in Jackson dropped significantly—down 48.4% year-over-year—to $1.3M, indicating a major correction or shift in the luxury segment. Despite the price drop, market activity slightly improved, with 11 homes sold compared to 10 the previous year. Notably, the average time on market fell sharply from 299 days to 79 days, suggesting increased buyer confidence or more realistically priced listings moving faster. While volume remains low, the quicker turnaround hints at a more responsive market environment.
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As of May 2025, Jackson Hole, WY is firmly in a buyer’s market. The median listing home price was $2.3M, marking a -15.1% year-over-year decline, while the median sold price came in lower at $1.4M. Homes are also selling well below asking, with a sale-to-list ratio of 80.99%, indicating an average discount of 19.01%. This downward pressure on pricing reflects a cooling luxury segment and a surplus in inventory relative to buyer demand.
Homes in Jackson Hole are spending an average of 83 days on the market, down from prior months but still reflective of a slower-paced market. Despite slight improvements in time-on-market, buyers remain in control, with ample room to negotiate. Properties are not moving quickly, and the gap between list and sale prices highlights the negotiating leverage available to buyers today.
Inventory levels are notably high, with 171 homes available ranging from $12.5K to $40M. This broad price range shows that Jackson Hole’s market caters to both entry-level and ultra-luxury buyers. However, the average price per square foot stands at $1.4K, signaling a continued premium on space despite price declines. For buyers, this means there’s a rare opportunity to enter a prestigious market at more favorable terms while options remain abundant.
If you're exploring homes in Jackson, WY and want tailored advice or a private tour, contact us today. We're here to help you find a home that fits your vision, needs, and values.
Jackson offers a wide variety of home types—rustic cabins, ski chalets, ranch estates, and modern luxury homes. Choosing the right type depends on your lifestyle needs. For example, a remote ranch may offer privacy and land, but it may not be practical for year-round use. In contrast, a home closer to town provides easier access to amenities, schools, and healthcare. It's important to align your property choice with how you plan to use the home—whether as a full-time residence, vacation home, or multi-generational retreat.
Much of the land in and around Jackson is subject to strict zoning, conservation easements, or environmental protections that limit development. If you're planning to expand, build an accessory dwelling unit (ADU), or use the property for agricultural or rental purposes, you’ll need to review the zoning and permitted uses carefully. Some areas may have restrictions on lot size, building height, or even exterior design to preserve Jackson’s natural and architectural character.
Jackson’s alpine environment means that not all properties are easily accessible year-round. Homes at higher elevations or in more remote areas may face snow accumulation, unpaved roads, or seasonal closures. Consider the practicality of winter access, availability of utilities (water, electricity, internet), and proximity to snowplow routes, especially if the home will be your primary residence. Homes closer to Jackson proper or within developed communities typically offer more reliable access and infrastructure.
Many residential areas in Jackson are governed by homeowners’ associations (HOAs) that manage shared amenities, architectural guidelines, and maintenance responsibilities. While HOAs can enhance property values and streamline upkeep, they may also impose restrictions on modifications, landscaping, or rental use. Reviewing HOA bylaws, dues, and long-term community plans is essential to avoid surprises after purchase.
Jackson is surrounded by national parks, forests, and wildlife corridors. That natural beauty comes with considerations such as wildlife activity, wildfire risk, and water rights. Homes may be in areas frequented by bears, moose, or elk, requiring bear-proofing and fencing measures. Likewise, fire mitigation plans, insurance coverage, and defensible space requirements may be necessary, especially for homes near wooded areas or on large acreage.
Owning property in Jackson is not just a financial investment—it’s a long-term commitment to stewarding land in a protected and scenic region. Buyers should evaluate not only the current livability of a home but also its long-term maintenance demands, potential for appreciation, and ability to adapt with evolving needs. Features like proximity to trail systems, ski access, or scenic views can enhance long-term desirability and make a property easier to resell or pass on.
Are you drawn to the scenic vistas and vibrant lifestyle of Jackson, WY? We're here to help you navigate the market and uncover the property that fits your vision. Whether you're seeking a cozy mountain retreat or a strategic investment opportunity, contact us for personalized assistance and professional insights. Embark on your Jackson real estate journey with confidence—reach out today.
Dive into the diverse and welcoming neighborhoods of Jackson with our comprehensive guide. From the bustling town center to the tranquil outskirts, our neighborhood guide is designed to help you find the perfect spot that resonates with your lifestyle and preferences.
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