Single Family Homes

The single family home market in Jackson Hole experienced some notable changes in the first half of 2023. There were a total of 59 transactions, representing a 37% decrease compared to the previous period. The total dollar volume amounted to $337.6 million, down 17% from the previous year. The median price for homes sold in Jackson Hole was $3.3 million, showing a slight 1% decrease.

However, inventory levels saw a significant increase, rising by 33%. Additionally, the average number of days on the market increased by 22%, reaching 173 days. These statistics indicate a market that has become more competitive and potentially more favorable for buyers, with increased inventory and a slightly reduced median price $3.3M, when compared to 2022.