Q2 2026

Jackson Hole Real Estate Report Snapshot

30 Years of Exceptional Appreciation

Jackson Hole real estate has proven to be one of the nation’s strongest long-term investments. Over the past 30 years, single-family homes appreciated an average of 1,118%, residential land increased 896%, and condos and townhomes climbed 742%, driven by limited supply and enduring demand.

Inventory Remains Tight

While active listings increased modestly compared to last year, inventory remains well below historical norms. Buyers continue to face limited choices, with no homes currently listed below $1 million and the least expensive home on the market priced at $1.43 million.

Buyer Activity Continues to Build

The market remains active despite limited inventory, with overall sales rising 3% and properties under contract increasing 29% compared to the first half of 2025. At the same time, the median sale price reached a record $2.995 million, reflecting continued demand for Jackson Hole real estate.

Luxury Market Drives the Dollar Volume

Luxury properties continue to have an outsized impact on the market. Although only 15% of transactions qualified as luxury sales, they generated approximately 45% of the valley’s total dollar volume during the first half of 2026.

Market Performance Varies by Property Type

Not every segment of the market is moving at the same pace. Single-family home sales increased 38%, vacant land values continued to strengthen, while condo sales declined even as higher-end transactions pushed condo and townhome prices to new highs.

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Overall Number of Sales: Up 3%

When compared to the first six months of 2025, the overall market increased with 3% more sales.

Total Dollar Volume: Up 2%

Following suit, the dollar volume was up 2%. The median sale price came in at a record-breaking $2.995 million (up 27%).

Overall Inventory: Up 8%

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 2026. NOTE: 21 of the sales were above $10 million—up 11% from 2025.

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