Is Teton County, 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, Teton County has remained a Buyer's Market.
Key Takeaway
Teton County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Teton County, WY
How much do homes in Teton County, WY cost?
Median Sold Price
$2,166,666
$1,107/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Teton County have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Teton County was $2,166,666 in April 2024, up 7.7% from last year, and the median price per square foot was $1,107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $860K | $840K | -2.3% |
| 2 Bedrooms | $1.2M | $1.1M | -5.5% |
| 3 Bedrooms | $1.9M | $2.3M | +20.2% |
| 4 Bedrooms | $3.5M | $3.6M | +4.6% |
| 5+ Bedrooms | $6.1M | $4.9M | -19.4% |
Summary: Teton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Counties
| Sublette County | $369K | $402.5K | +9.1% |
| Teton County | $2.0M | $2.1M | +7.7% |
| Teton County | $808.7K | $805K | -0.5% |
Housing Supply in Teton County, WY
How many homes are available in Teton County, WY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 144 | 151 | +4.9% |
Summary: The Teton County real estate market had 151 homes for sale in April 2024, a 4.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 10 | -28.6% |
| 2 Bedrooms | 41 | 40 | -2.4% |
| 3 Bedrooms | 43 | 51 | +18.6% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 23 | 28 | +21.7% |
Summary: The Teton County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 21.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 21 | +50.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Teton County, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Teton County in April 2024, up by 50.0% month-over-month. Of the 18 sold homes, 78% were sold under asking, 17% were sold at asking, and 6% were sold over asking.
Days on Market for Teton County, WY
How long does it take to sell a home in Teton County, WY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 146 Days | 159 Days | +8.8% |
Summary: Homes in Teton County had an average of 159 days on market in Apr 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Teton County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 21 homes were sold in Teton County; 5% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.
DISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information. © 2024 MLS.