The story of this market
The typical home in ZIP 83002 sells for about $2,450,000, or $1,150 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $4,200 a month.
ZIP 83002 — Jackson
The market in 83002 remains characterized by extremely low inventory and high price points, driven by limited land availability and high demand for luxury mountain real estate. While sales volume is low, prices remain stable with a slight upward trend. Buyers are primarily high-net-worth individuals, and the market is largely insulated from broader national volatility.
This ZIP is best suited for affluent buyers seeking luxury mountain homes, outdoor enthusiasts, and investors looking for high-value, low-turnover real estate assets.
Median prices moved up 2.1% year over year.
Homes spend a median of 85 days on market with 5.2 months of supply — a balanced-paced market.
12% 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 2.1% · poverty 4.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 83002, Teton County WY
Crime rates in the Jackson area are generally low, with property crime being the primary concern; the area remains significantly safer than national averages.
Schools serving the area are part of the Teton County School District, which is highly regarded for its academic performance and small class sizes.
The area faces significant wildfire risks due to its mountainous, forested terrain, and property insurance premiums are high as a result.
Economic momentum is driven by high-end tourism, outdoor recreation, and a limited supply of developable land, which constrains new construction.
Wyoming has no state personal income tax, and property taxes are relatively low, though they are assessed based on fair market value by the county assessor.
Commuting is primarily by private vehicle, with significant traffic congestion during peak tourist seasons on the main corridors leading into Jackson.
The area is a world-class destination for skiing, hiking, and fly fishing, with immediate access to Grand Teton National Park and numerous local trails.
The rental market is extremely tight with very low vacancy rates, driven by a high demand for seasonal workforce housing and limited inventory.
The economy is heavily reliant on tourism, hospitality, and the service industry, with a growing sector of remote professionals and high-net-worth individuals.
Public transit is limited to local bus services; most residents and visitors rely on personal vehicles for transportation.
Development is heavily restricted by strict land-use policies and environmental conservation efforts, focusing on infill and workforce housing.
The Teton County Assessor's office conducts annual property valuations based on market sales data to determine tax assessments.
Parcels are subject to Teton County property taxes and the Teton County School District levy, with no major MUD/PID districts.
Property insurance is costly and difficult to secure due to high wildfire risk and the high replacement value of luxury properties.
Wyoming has seen a steady influx of high-income residents seeking tax advantages and lifestyle amenities, though growth is constrained by housing availability.
Wyoming is a non-judicial foreclosure state, allowing for a streamlined process for lenders, though it is rarely utilized in this high-equity market.
Sellers are required to provide a property disclosure statement detailing known material defects, though the state is generally caveat emptor.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
World-renowned park offering hiking, climbing, and wildlife viewing.
Premier destination for winter sports and summer mountain activities.
Protected habitat for thousands of elk, offering educational tours.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.