Q1 2026

Jackson Hole Real Estate Report Snapshot

Fewer Sales, but Significantly Higher Prices

Transactions declined 9%, yet total dollar volume rose 8%, with average prices up 19% and median up 95%, driven by a surge in $10M+ sales.

Luxury Market is Driving Overall Performance

A 30% increase in $10M+ sales and strong growth in $5M+ transactions across all property types are pushing pricing higher, even as overall activity slows.

Inventory is Rising—but Still Constrained Where it Matters

Overall listings are up 27%, but entry-level homes and vacant land remain extremely limited, with fewer than 10 months of land supply and only four homes under $2M.

Demand is Strongest in Lower Price Tiers Despite Affordability Pressure

The $1–3M range accounted for 35% of all sales, and homes under $2M are seeing multiple offers, highlighting continued demand at the lower end.

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Overall Number of Sales: Down 9%

Compared to the first three months of 2025, the number of sales in 2026 declined by 9%.

Total Dollar Volume: Up 8%

Despite the drop in number of sales, total dollar volume increased by 8%, and both average and median sale prices saw significant increases of 19% and 95%, respectively.

Overall Inventory: Up 27%

Overall inventory of active listings increased by 27% year over year, reaching 207 listings.

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