The story of this market
The typical home in Jackson, Wyoming sells for about $2,014,169, or $1,150 per square foot.
Prices are up +2.7% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $3,200 a month.
Monthly price momentum
Home values since 2015
+5%
WY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Jackson, Wyoming
The Jackson housing market remains one of the most expensive in the nation, characterized by low inventory and high demand from luxury buyers. While price growth has moderated compared to the post-pandemic surge, the market remains resilient due to the town's unique status as a premier resort destination. Ongoing efforts to address workforce housing shortages are a critical factor in the long-term stability of the local economy.
No ARED county foreclosure postings attributed to Jackson yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 2.7% year over year.
Homes spend a median of 120 days on market with 6.5 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 6.2% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A world-renowned wilderness area offering iconic mountain vistas, extensive hiking trails, and wildlife viewing that serves as the primary anchor for the local tourism economy.
A premier destination for winter sports, known for its challenging terrain and significant contribution to the local economy and property demand.
A protected habitat that provides winter range for thousands of elk, offering unique educational and viewing opportunities for residents and visitors.
Jackson is primarily suited for high-net-worth individuals, luxury second-home buyers, and outdoor enthusiasts who prioritize access to world-class recreation. It is increasingly challenging for middle-income families and service workers to reside within city limits due to the extreme cost of living and housing scarcity.
The Teton County School District is highly regarded, consistently ranking among the top districts in Wyoming for academic performance and student resources. Schools benefit from strong community funding and a focus on outdoor-integrated education.
Transportation is centered on Highway 89 and 191, which serve as the main arteries for regional travel. Public transit is provided by the Southern Teton Area Rapid Transit (START) bus system, which is essential for commuting workers.
Jackson serves as the primary gateway to Grand Teton and Yellowstone National Parks, offering world-class skiing, hiking, and fly-fishing. The town features a vibrant historic square, numerous art galleries, and high-end dining options that cater to both residents and international visitors.
The rental market is extremely tight with very low vacancy rates, driven by a severe shortage of long-term housing for the local workforce. Short-term rentals are heavily regulated and restricted to specific zones to preserve housing availability for residents.
The economy is heavily reliant on tourism, hospitality, and the service industry, supported by a high concentration of wealth and seasonal visitors. There is a growing focus on diversifying the economic base through remote-work infrastructure and local business support.
Economic momentum is driven by the tourism and hospitality sectors, with ongoing efforts to expand workforce housing to support the local labor pool. Infrastructure development is constrained by geography, leading to a focus on high-density, mixed-use projects within the town core.
Development is strictly managed by the Teton County and Town of Jackson planning departments, with a strong emphasis on preserving the natural landscape and limiting sprawl. Current projects are focused on infill and high-density residential units.
Parcels are subject to Teton County School District taxes and various special districts, including the Teton County Hospital District and local fire/EMS districts.
Jackson experiences low rates of violent crime, though property crime remains a concern due to the high volume of seasonal visitors and tourists. Crime levels are generally lower than national averages for similar resort communities.
The area faces significant wildfire risks during summer months, necessitating strict building codes and defensible space requirements. Flood risks are localized near the Snake River and its tributaries, with most properties requiring specialized insurance coverage.
Property insurance premiums are high due to the elevated risk of wildfire and the high replacement cost of luxury real estate. Market health is stable but sensitive to regional climate events.
Wyoming has no state personal income tax, and property taxes are assessed at a relatively low effective rate compared to the national average. The town of Jackson operates under a municipal tax structure that funds local services, with additional special districts for hospital and school funding.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau QuickFacts and ACS 5-year tables.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.