Is Jackson, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jackson has remained a Buyer's Market.
Housing Prices in Jackson, WY
How much do homes in Jackson, WY cost?
Median Sold Price
$2,400,000
$1,088/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jackson was $2,400,000 in April 2024, up 3.2% from last year, and the median price per square foot was $1,088.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $850K | $900K | +5.9% |
2 Bedrooms | $1.3M | $1.1M | -14.0% |
3 Bedrooms | $2.2M | $2.4M | +6.2% |
4 Bedrooms | $3.3M | $3.1M | -6.7% |
5+ Bedrooms | $6.2M | $3.3M | -46.4% |
Summary: Jackson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 46.4%.
Median Sold Price Compared To Nearby Cities
Jackson Hole | $2.1M | $2.2M | +4.7% |
Jackson | $2.3M | $2.4M | +3.2% |
Housing Supply in Jackson, WY
How many homes are available in Jackson, WY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 87 | +3.6% |
Summary: The Jackson real estate market had 87 homes for sale in April 2024, a 3.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 5 | -37.5% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 30 | 36 | +20.0% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Jackson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Jackson in April 2024, up by 20.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for Jackson, WY
How long does it take to sell a home in Jackson, WY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
110 Days | 146 Days | +33.0% |
Summary: Homes in Jackson had an average of 146 days on market in Apr 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Jackson; 0% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 58% of homes were sold over 90 days.