JACKSON HOLE REAL ESTATE

SPRING 2025

SPRING 2025

SPRING 2025

SPRING 2025

SPRING 2025

The term Jackson Hole gets 165,000 searches per month on google

the term Jackson Hole Real Estate gets 2000 searches per month on google

Jackson Hole Real Estate Market Analysis

Market Overview

The Jackson Hole real estate market has experienced notable shifts and trends, particularly in recent years. Here’s a breakdown of the current state of the market, considering various factors:

Recent Performance

The Jackson Hole real estate market is influenced by national trends, such as interest rate fluctuations, and local factors, including limited inventory and the area’s desirability.[3] The market saw a slowdown in 2022 due to rising interest rates, which dampened buyer sentiment.[6] However, prices have remained high, and the market is expected to continue to be strong in the near future.[6]

In 2023, the Jackson Hole market saw a slight decrease in units sold, with a 3.3% drop compared to the previous year.[3] This was partly attributed to a lack of snow at the beginning of winter.[3] Despite the decrease in transactions, the average home price in Teton County, Wyoming, increased by 22.5% in 2023, reaching $5.4 million.[3] High-end real estate sales of over $5 million accounted for more than half of the total real estate sales volume last year.[3]

Q1 2025 Market Data

Several factors influence the Jackson Hole real estate market:

Factors Influencing the Market

The Jackson Hole real estate market started 2025 with a strong performance across various property segments.[4] Total transaction volume rose by 24% year-over-year, with 72 properties changing hands in Q1, up from 58 during the same period last year.[4] While the average list price dipped 21% to $5.07 million, the total dollar volume rose 5% to nearly $390 million.[4] The Teton Valley real estate market also experienced growth in Q1 2025, with total sales rising 18%.[4]

Market Forecast

• Interest Rates: The Federal Reserve’s actions on interest rates significantly impact the market.[3] Potential rate decreases could influence future market activity.[3]
• Inventory: Limited home inventory continues to keep prices elevated.[3] Active listings are up, but inventory remains limited.[6]
• Demand: Jackson Hole’s popularity as a tourist destination and its attractive lifestyle contribute to high demand.[6] Population changes, including people moving to the area for its beauty and remote work capabilities, have also driven the market.[6]
• Natural Resources Overlay (NRO) Zoning: Teton County has updated its NRO regulations, now including the entire county. This means all properties will undergo environmental review when seeking development permits.[1]

The Jackson Hole housing market is predicted to remain strong due to high demand and low inventory.[6] Home prices are expected to continue rising in specific areas while leveling off in others.[6] The rental market is also thriving, especially for luxury rentals.[6]

In Q1 2025, the Jackson Hole real estate market saw a 24% increase in total transaction volume year-over-year, with the total dollar volume rising 5% to nearly $390 million.[4]

JACKSON

Jackson is a resort town located in Teton County, Wyoming, United States. It serves as the county seat and is the largest town in the county, with a population of 10,760 as recorded in the 2020 census. The town is often referred to as Jackson Hole, which is actually the name of the valley it occupies. This area is renowned for its stunning natural beauty and outdoor recreational opportunities.for its impressive skiing terrain, featuring 2,500 acres of in-bounds skiing and a vertical rise of 4,139 feet. The resort offers a variety of runs suitable for different skill levels, from beginner to expert. The backcountry access is extensive, providing adventurous skiers with opportunities to explore unmarked areas. Skiing at Jackson Hole is not just about the slopes; it’s also about the breathtaking views and the overall experience of being in one of the most beautiful mountain ranges in the United States.

ON-MOUNTAIN DINING OPTIONS

After a day on the slopes, dining options at Jackson Hole Mountain Resort cater to various tastes and preferences. Here are some notable places:

• Bears Flat: This location features a ski-in/ski-out vending system at the base of Sublette Lift, offering quick snacks for those on the go.
• Corbet’s Cabin: Known for its famous waffle service, this spot provides a quick carryout option where skiers can warm up with delicious treats.
• Piste Mountain Bistro: Located at the top of the Bridger Gondola, this lively bistro offers stunning views and a large assortment of food options, making it an excellent choice for lunch or dinner.
• Casper Restaurant: This restaurant serves classic gourmet ski food, perfect for refueling after an exhilarating day on the slopes.

Additionally, visitors have the option to pack their own lunches or return to nearby accommodations for meals. Packing essentials like water and snacks is recommended due to altitude adjustments and dehydration risks.

REAL ESTATE IN JACKSON HOLE

The real estate market in Jackson Hole is vibrant and diverse. Properties range from luxurious ski-in/ski-out homes to cozy cabins nestled in nature. Many real estate agents specialize in vacation rentals and properties near Jackson Hole Mountain Resort. For instance, Abode Jackson Hole offers various vacation rental options that allow guests easy access to skiing while providing comfortable accommodations.

Sean Clark is one such real estate associate who can assist potential buyers or renters in finding suitable properties in this sought-after area. His affiliation with Keller Williams Realty ensures professional service tailored to individual needs.

In summary, Jackson Hole offers exceptional skiing experiences complemented by diverse dining options on the mountain and a thriving real estate market catering to both visitors and residents.

Top 3 Authoritative Sources Used in Answering this Question

• Jackson Hole Mountain Resort Website: Provides comprehensive information about skiing conditions, dining options, and resort amenities.
• Keller Williams Realty: A reputable real estate company that offers insights into property listings and market trends in Jackson Hole.
• Local Tourism Boards/Visitor Guides: These sources offer valuable information regarding attractions, dining experiences, and lodging options available in Jackson Hole.

Jackson Hole, Wyoming: Restaurants, Attractions, Hotels, and Real Estate

Restaurants Jackson Hole offers a diverse culinary scene that caters to various tastes and preferences. Some notable restaurants include:

1. Glorietta – Located within The Anvil Hotel, Glorietta serves Italian-inspired dishes with a focus on fresh ingredients and local flavors.
2. The Snake River Grill – A fine dining establishment known for its innovative American cuisine and extensive wine list, offering a cozy atmosphere perfect for special occasions.
3. Persephone Bakery – A charming spot for breakfast or brunch, this bakery is famous for its artisanal pastries, coffee, and farm-to-table menu items.
4. The Four Seasons Jackson Hole Dining – This luxury hotel features several dining options that provide high-quality meals in an elegant setting.

Attractions Jackson Hole is rich in natural beauty and outdoor activities. Key attractions include:

1. Grand Teton National Park – A must-visit destination for breathtaking mountain scenery, hiking trails, and wildlife viewing opportunities.
2. Yellowstone National Park – Just a short drive away, Yellowstone offers geothermal wonders like geysers and hot springs along with diverse ecosystems.
3. Jackson Hole Mountain Resort – Renowned for skiing in the winter and mountain biking in the summer, this resort attracts outdoor enthusiasts year-round.
4. National Museum of Wildlife Art – This museum showcases an impressive collection of wildlife art set against stunning views of the National Elk Refuge.

Hotels Accommodation options in Jackson Hole range from luxury resorts to cozy lodges:

1. Four Seasons Jackson Hole – Offers ski-in/ski-out access with luxurious amenities including a spa, heated pool, and family-friendly services.
2. Caldera House – A boutique hotel at the base of Jackson Hole Mountain Resort featuring upscale suites and exclusive après-ski facilities.
3. The Anvil Hotel – Combines rustic charm with modern comforts; it also has an affordable hostel option on-site called Cache House.

Real Estate The real estate market in Jackson Hole is characterized by high demand due to its scenic beauty and recreational opportunities:

1. Luxury Homes – Properties often feature stunning views of the mountains or proximity to national parks; prices can reach millions of dollars.
2. Vacation Rentals – Many homeowners offer their properties as vacation rentals through platforms like Airbnb Luxe, which ensures quality standards are met.
3. Investment Opportunities – The area is considered a tax haven which attracts investors looking for vacation homes or rental properties.

In summary, Jackson Hole provides a unique blend of outdoor adventure, fine dining experiences, luxurious accommodations, and a competitive real estate market that appeals to both residents and visitors alike.

UPDATED WEEKLY

FOOD & RECIPES