We understand that real estate is about relationships – the ties forged between people and place. Our decades-deep knowledge of the valley combined with Engel & Völkers makes us your Local Real Estate Experts.
Overall inventory of active listings decreased 19% year over year in Quarter 3, 2026. As we move into the fall and winter selling seasons, inventory is expected to decline steadily until spring 2027.
The Luxury Market, which includes condo/townhome and vacant residential lot sales priced at $5+ million and single-family home sales priced at $10+ million, recorded 58 transactions in the first nine months of 2026, an 18% increase over 2025. Single-family homes represented 55% of Luxury sales (32 transactions), with 31% of those located on the Westbank.
Working with us means more than reading the report. It means having a partner who understands the market inside and out, with decades of experience and a proven track record. Anyone can list a house. Our data and expertise give you the competitive edge.
Newest Listings
In Q2 2025, valley-wide active listings rose 10% year-over-year to 258, with nearly half of the increase driven by 18 new listings over $20 million, including luxury homes, large vacant lots, working ranches, and a development-ready motel site.
Luxury Listings
In the first half of 2025, the Luxury Market ($5M+ condos/townhomes and lots, $10M+ homes) recorded 26 sales—an 86% increase—driven by 11 transactions in the $10–$20M range, with single-family homes representing 73% of sales (eight total), half of them located north of Highway 22.
Exclusive Listings
Working with us means more than reading the report. It means having a partner who understands the market inside and out, with decades of experience and a proven track record. Anyone can list a house. Our data and expertise give you the competitive edge.
Stay ahead of the curve with the most reliable, unbiased, and detailed view of Jackson Hole real estate.
For over 30 years, the Jackson Hole Report has been the most trusted and accurate source for real estate in Teton County. Unlike the MLS, which only tracks about 60% of sales, we track every single transaction on and off the market so you get the complete picture.
Q3 2026
For the first nine months of 2026, the overall number of sales increased 7% to 340.
The total dollar volume rose 20% to $1.77 billion.
Active inventory decreased 19% year over year to 243 listings, with the average listing price up 3% to $7.23 million and the median listing price up 5% to $3.95 million, both all-time highs.
JACKSON HOLE REPORT
The Jackson Hole Real Estate Report Podcast, sponsored by the Viehman Group, is your local guide to everything real estate in Jackson Hole, WY. Featuring extensive data collected from our Jackson Hole Real Estate Report including interesting, local insight that affects the market. We invite you to listen in and get a new perspective on buying and selling under the Tetons.
Sign up and read the Jackson Hole Report at – www.jacksonholereport.com
Q2 2025
What We’ve Learned From 30 Years of Listing History
Jackson Hole is truly one of a kind in America, especially when it comes to real estate. While other resort communities across the country experience seasonal ups and downs in active listings similar to ours, Jackson stands apart because of the extreme shortage of developable land. Less than 3% of the valley is privately owned.
If you’ve ever wondered why buying or selling here feels so different, it’s because it is. Let’s take a closer look at the numbers, the trends, and why working with true market experts is more important than ever.
NUMBER OF SALES
The Luxury Market—condo/townhomes and vacant residential lot sales priced at $5+ million and home sales priced at $10+ million—registered 26 sales (up 86%). The hottest segment overall was between $10 and $20 million in which 11 sales closed.
OVERALL AVERAGE SALE PRICE
The dollar volume was up 25% and average sale price came in at a record-breaking $4.59 million. Across the board, all segments of the market experienced an increase in sales when compared to Q2 2024. While inventory levels are still at historic lows, the lack of inventory under $2 million will continue to slow the number of sales in the second half of 2025.
ACTIVE LISTINGS VALLEY WIDE
Overall inventory of active listings increased 10% when compared to Q2 2024. Almost half of the increase were listings over $20 million (18). Of those 18, there were 13 homes, two 35+-acre vacant lots, two working ranches, and one old motel site ripe for development.
WE KNOW WYOMING
When it comes to Jackson Hole, our standards are high and uncompromising. Engel & Völkers has a long and very personal experience with Jackson Hole real estate. After all, we live and work here, and we are happy to share our love and knowledge of this magnificent area with you. For Jackson Hole truly has it all: romantic cabins in the woods, working cattle ranches, grand lodges on hundreds of open acres, even golf course homes with club amenities just steps away. Somewhere in Jackson Hole is a property that will capture your heart. Together, we’ll find it.
155 W. Broadway
Jackson, WY 83001
Associate Broker
307.690.4004
david@jacksonholereport.com
Associate Broker
307.690.0621
devon@jacksonholereport.com
Associate Broker
307.699.5921
luke@jacksonholereport.com
