2026 Q3

Jackson Hole Real Estate Report

DATA-DRIVEN REPORT FOR 2026

The Jackson Hole Report is the oldest, most accurate, and comprehensive real estate market report in Teton County, WY. Our statistics are derived from a privately maintained database that tracks every single sale—not just those reported through Multiple Listing Service (MLS). Notably, in 2025, only 63% of sale prices valley-wide were reported to MLS, highlighting the value of our complete, data-driven reporting.

Cash is King this Year. So, Who is Borrowing?

In 2005, about 28% of Jackson Hole real estate purchases were made with cash. Last year, it was 71%.

We’ve tracked cash transactions for more than 20 years, and the climb has been striking. Cash accounted for 50% of purchases in 2010, 54% in 2015, 58% in 2020, and 65% in 2022 (COVID). It reached 71% in 2025 and is tracking at roughly the same share so far in 2026.

With interest rates on Buyers’ minds, it’s tempting to assume that rising borrowing costs explain everything. They are part of the picture, but our sales data also shows something more interesting: Even in a market dominated by cash, Buyers continue to take out loans at every price level, including on properties selling for more than $10 million.

Cash was the most common way to purchase every major property type in 2025. Approximately 68% of homes, 72% of condos, and 74% of lots sold without financing.

Our complete reports are not posted on this website and are only available by email. To receive the rest of this  report and sign up for all four quarterly reports, please subscribe.

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  • This market report report is not posted on the Jackson Hole Report website. Instead, it is provided exclusively via email, as a service to all our valued customers and clients. The data is collected and analyzed quarterly to help you keep up with trends in our market.
  • While other local Real Estate Brokers attempt to report on the local real estate market, we are the only ones to track every single transaction. Therefore, if you want the most accurate information to help guide you through your next real estate transaction, please call David, Devon and Luke today. “We are the Experts”.
  • All statistics are supplied by sources that have been deemed reliable but are not guaranteed.
  • All statistics quoted in this newsletter are based on sales in 2026 compared to sales in 2025.
  • Median sale price is the cost of a property that has an equal number of sales above and below it on the price scale.
  • Average sale price is the total combined dollar volume divided by the number of sales.
  • In this report, “overall” refers to all sales in Teton County combined (homes, lots, condos, commercial, and ranch), not including Alta, WY.
  • The term “Market Value” means the value of property in terms of what it can be sold for on the open market; current value.

© Copyright 1995 – 2026 by David E. Viehman and Devon Viehman. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without explicitly written permission from David E. Viehman.

THE VIEHMAN GROUP

155 W. Broadway
Jackson, WY 83001

DAVID VIEHMAN

Associate Broker
307.690.4004
david@jacksonholereport.com

DEVON VIEHMAN

Associate Broker
307.690.0621
devon@jacksonholereport.com

LUKE SMITH

Associate Broker
307.699.5921
luke@jacksonholereport.com

© Copyright Jackson Hole Report 1995 - 2026 & Jackson Hole Luxury Report 2013 - 2026. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified.