1,826
Single-Family Homes
This represents all deeded “free-market” single-family homes.
- North of Hwy. 22: 285
- South of Hwy. 22: 1,167
- South of Snake River Bridge: 366
249
Deeded Townhome/Condos
This represents all deeded “free-market” townhome/condos.
- Rafter J: 141
- South Park industrial area: 38
- Spring Creek Ranch Resort: 64
467
Single-Family Vacant Lots
This represents single-family zoned lots, that cannot be further subdivided.
- North of Hwy. 22: 126
- South of Hwy. 22: 184
- South of Snake River Bridge: 157
93
Parcels with No Improvements under Conservation Easements
There are 209 parcels totaling 14,092 acres or 46% of the area protected by conservation easements or common areas not developable.
- 65 common or public
- 86 total conservation easement
- 59 partial conservation easement
197
Commercial Deeds (developed)
This includes commercial condos in the South Park industrial area, and 15 vacant commercial lots.
65
Common Lots
(open space, school, public – cannot be developed)
13
Farm & Ranch Deeds
This represents all Farm / Ranch deeds whether developed or not (5 ranches with homes) (2 Dude).
South Jackson Existing Deeds: 2,910 Approx
(Does not include fractional or deed restricted affordable housing)
1,826 deeded homes
+ 249 condo/townhomes
+ 325 vacant single-family lots (less than 35 acres)
+ 142 35+ acre vacant parcels
+ 93 conservation parcels with no improvements
+ 197 Commercial parcels and condos – includes the 15 vacant lots+
+ 65 Common lots (58 common – 7 public)
+ 13 farm & ranch
Total residential deeds South of GVR (not including TOJ): 2,910
**Does not include fractional or deed restricted affordable housing
Total Projected Single Family-Homes: 2,391
or 31% additional homes – 1,826 (existing) + 565 (projected additional homes). Note: this projection does not include: affordable housing units; accessory units (guest house and apartments)
South Jackson Existing Residential Units & Projected Future Development
Total Existing Residential Units: 2,555 approx.
1,826 deeded homes
+ 249 condo/townhomes
+ 325 accessory units
+ 155 South Jackson Managed by TCHA
- Jackson/Teton County Housing Department: 129
- Habitat: 16
- Trust: 10
Total residential units South of the GRV (not TOJ): 2,555
Total Projected Additional Single-Family Homes
Existing & Platted Vacant Single-Family Parcels
467
This represents single-family zoned lots, which includes 116 parcels over 35 acres that cannot be further subdivided.
Homes in South Jackson with Less than 1,000 SF
41
These parcels could use the existing homes as guesthouses, and still build a main house.
Potential Development of Large Parcels
37
• 50-acres as minimum under the new Teton County Comprehensive plan, before any subdividing can occur.
• This study does not explore the potential of transferring development credits to or from other parts of the valley.
Total Projected South Jackson Build-Out: 565+ approx.
(does not include deed restricted affordable units; accessory units – or future accessory units where covenants allow; additional development on the existing commercial vacant lots)
Total potential build-out: 1,826 + 565 = 2,391 or an additional 31%
Current Cost of New Construction + Current Property Prices
The average South Jackson building permit valuation for a single-family home in 2018 was $2,176,357 (12 permits at SRSC at $910k). The “valuation” value is just for construction cost, not the combined worth of the property and house. In 2017 the average home sale price was $2,797,621. NOTE: For homes built in the last five years the average sale price was $3,131,011 – 22 sold in 2018.
At years-end the average South Jackson home listing price was $6,137,669. NOTE: For homes built in the past five years there were only 15 available at years-end, with an average list price of $6,490,000.
In 2018 the average sale price for a South Jackson single-family vacant lot was $1,403,820. The average size single-family lot sold in 2018 was 7.86 acres.
When you combine the average building permit value for 2018 with the average sale price of a vacant single-family lot in 2018 you will be spending an average of $3,580,177 to build a new home. NOTE: This price range, of course, is not considered affordable for locals.
For locals buying into the South Jackson condo/townhouse market is still alive. The average listing price at years-end for all South Jackson 2 bedroom condo/townhouse’s was $592,500. Average 2018 sale price for all South Jackson 2+ bedroom condo/townhouse’s was $680,961.
* All statistics are supplied by sources that have been deemed reliable but are not guaranteed.
* “South Jackson” in this report includes all deeded parcels south of the Gros Ventre River, not including the Town of Jackson, to the Southern Teton County Line.
* Although some homes are not yet reflected in the Teton County GIS, this number includes homes issued building permits through Q3 2018 permits.
* Does not include deed restricted affordable housing, fractional ownership, or Government leases.
