Return to Jackson Hole News
Tetons Jackson Hole Real Estate Report

Lack of Jackson Hole Homes for Sale Sends Median Price Past $4 Million

The only thing that kept the Jackson Hole real estate market from another blistering sales record in the first quarter of 2022 was the fact that there are simply not enough homes available in the Tetons.

With just 35 homes currently on the market, unsatisfied demand drove the median sales price to more than $4.0 million last quarter, a 38% increase year-over-year. But the extreme lack of supply sent the number of units sold tumbling by 57% and the overall sales volume slipping by 48%. 

While a dearth of inventory has been common in recent years, more than 600 homes still sold in Teton County at the height of the pandemic, making the current shortage unprecedented. 

You can read the entire Teton County, Wyoming Market Report for First Quarter 2022 from Jackson Hole Sotheby’s International Realty below.  

If you are a local homeowner and in a position to do so, the time has never been better to sell your Jackson Hole home. If you are looking to buy, connect with us so that you are among the first to know when a new home does become available. Don’t hesitate to email us at jhpropertygroup@jhsir.com or call 307-739-8190.

Latest News.
Jackson Hole Real Estate Stands Out (Again) in 2023 Resort Report

Jackson Hole and LIV Sotheby’s International Realty have released their 2023 Resort Report, and once again, a few real estate…

Jackson Hole Real Estate Sales Cooled Toward Pre-Pandemic Levels in 2022. Prices Did Not.

Last year marked a cooling of a supercharged Jackson Hole real estate market fueled by the pandemic, but the impact…

Inventory of Jackson Hole Real Estate Continued to Rise in Q3

The Jackson Hole real estate market showed continued signs it is moving toward a more balanced dynamic between sellers and…

Inventory of Jackson Hole Real Estate Increased for the First Time in Two Years in Q2

It’s been a wild ride for Jackson Hole real estate since the pandemic, as sky-rocketing demand and lack of inventory…

First To Know