2025 Year End Jackson Hole Market Report

As the year wraps up, it’s a good time to check in on how the Jackson Hole real estate market is doing. While national housing trends tend to grab headlines, Jackson Hole often plays by its own rules. The area’s uniqueness and its extreme land scarcity create a dynamic market that can be difficult to compare to anywhere else.

Market Overview#

Overall, Jackson’s real estate market showed its power in 2025, with several key metrics climbing back to levels not seen since 2021 and 2022, during the height of the COVID-era market surge. Total property transactions rose 14% year over year to approximately 443 sales, marking the highest annual total since 2021 (though that year remains an outlier with 853 transactions). Median sale prices have hovered near the $2 million mark for the past three years, underscoring continued price stability.

Inventory increased roughly 22% compared to last year’s year-end, with 220 active listings, still historically low and likely reflective of a new normal given limited opportunities to add supply. Momentum is already building for 2026, with properties currently under contract up 9% compared to this time last year. Buyers and sellers considering a move in the coming year should pay close attention to these conditions: well-positioned properties are selling.