2025 Mid-Year Jackson Hole Market Report

We’ve made it halfway through the year, and it’s the perfect time to reflect on how the Jackson Hole real estate market has evolved over the past 12 months. Midyear also marks the halfway point of the summer selling season—a time defined by a flurry of new listings, an influx of tourists and second homeowners, and local businesses operating in full swing. It’s go time in Jackson Hole!

While 2023 and 2024 were relatively quiet years for local real estate, 2025 is gaining momentum. Through midyear, the number of transactions exceeded last year by 8%. Properties within the Town of Jackson accounted for nearly 45% of all transactions, while the area just south of Jackson came in a distant second with 13%.

The median sale price dipped approximately 11% to $1.78 million, while the average sale price rose about 5% to $4.3 million. As is typical for our market, the average is heavily skewed by high-end sales—properties over $10 million made up nearly 12%of all sales so far this year.

At midyear, 283 properties were actively listed for sale, representing a 16% increase in inventory compared to the same time last year. This is a much-needed boost, although many segments of the market still face limited options.

Looking ahead, the remainder of the year appears poised for continued strength, with 38% more listings currently under contract than at this point in 2024.