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Sarah Mitchell

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Compass Real Estate · Jackson, WY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Jackson, WY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Jackson, WY Housing Market

Buyer's market+3.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Jackson, WY is worth $2.01M, rose 3.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $1.59M, +27.6% year over year (through May 2026). With 6.2 months of supply and homes going under contract in about 55 days, Jackson is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $2.01M home is about $10,753/mo in principal and interest.

Key numbers for Jackson, WY

Typical home value

$2.01M

+3.1% in 12 months

Zillow, August 2026

Typical asking rent

$5,161/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$1.59M

+27.6% year over year

Redfin, through May 2026

Days on market

55

Average pace

Redfin, through May 2026

Active listings

56

6.2 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$112,609

Home costs 17.9x income

U.S. Census ACS, 2023

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Jackson a buyer's or seller's market?

Buyer's market6.2 months of supply55 days on market

Jackson, WY is a buyer's market, based on 6.2 months of supply and homes selling in about 55 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Jackson housing market data show?

Every row below is Redfin's final published month for Jackson, WY. Redfin, through May 2026

Housing market statistics for Jackson, WY, Redfin through May 2026
MetricValue
Median sale price$1.59M
Median list price$2.80M
Year-over-year price change+27.6%
Median price per sq ft$1,157/sq ft
Median days on market55 days
Active inventory56 listings
Months of supply6.2 months
Homes sold (that month)9
New listings (that month)23
Listings with a price cut14.3%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Jackson is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Jackson is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Jackson home prices moved?

Over the last three years the median sale price in Jackson, WY rose 104.5%, from $780,000 to $1.59M. The live Zillow value series has rose 3.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 14.3% of Jackson listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Jackson?

Priced off the typical home value of $2.01M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Jackson, WY
Down paymentCash at closeLoan amountMonthly P&I
20%$402,834$1.61M$10,753/mo
5%$100,708$1.91M$12,769/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $10,753, that implies roughly $460,832 a year before you add taxes and insurance. The median household in Jackson earns $112,609, about $348,223 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 17.9x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Jackson in the next 12 months?

Tell us your timeline. We send the Jackson market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Jackson?

Typical asking rent in Jackson, WY is $5,161/mo, against a typical home value of $2.01M. That is a price-to-rent ratio of 32.5x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $10,753 a month — $5,592 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Jackson?

Active listings in Jackson, WY went from 57 in May 2025 to 56 in May 2026, a -1.8% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Jackson, WY
MonthActive listingsNew listings
June 20257226
July 20257114
August 20256812
September 20256814
October 2025626
November 2025547
December 2025529
January 2026456
February 2026438
March 2026405
April 20265014
May 20265623

Redfin, through May 2026

How does Jackson compare to Wyoming and the U.S.?

Jackson homes sell for $1.59M — 243% above the Wyoming median of $464,500. Against the national median of $410,700, Jackson runs 288% higher. Year-over-year, Jackson moved +27.6% against Wyoming's +18.0% — a bigger swing than the state as a whole.

Jackson, WY compared with Wyoming and the United States
MarketMedian sale priceYoYDays on market
Jackson, WY$1.59M+27.6%55 days
Wyoming statewide$464,500+18.0%51 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Jackson

What buyers should watch

  • Months of supply, currently 6.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 14.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $2,016 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $2.01M home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Jackson listing goes under contract in 55 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • In the last published month Jackson added 23 new listings against 9 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +3.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Jackson varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Jackson

There are currently 56 homes listed for sale in Jackson, Wyoming. The median listing price is $2.8M. Featured listings range from $1,750,000 to $14,995,000.

land for sale at 7775 Cowboy Way Jackson 83001 - $1,750,000
New Listing
15
$1,750,000

7775 Cowboy Way

Jackson, WY 83001

Land2.33 acres

Diane Palmer · Compass Real Estate

View photos & details
land for sale at 8710 N Centennial Dr Jackson 83001 - $1,850,000
New Listing
7
$1,850,000

8710 N Centennial Dr

Jackson, WY 83001

Land3.00 acres

Dan Visosky · Prugh Real Estate LLC

View photos & details
3 bedroom house for sale at 1160 W Brangus Dr Jackson 83001 - $1,895,000
27
$1,895,000

1160 W Brangus Dr

Jackson, WY 83001

3 bd2 ba1,682 sqft$1127/ft²
House11,326 sqft lot

Kelsey Spaulding · Keller Williams Jackson Hole

View photos & details
2 bedroom house for sale at 1205 W Hay Sled Dr Jackson 83001 - $2,150,000
New Listing
26
$2,150,000

1205 W Hay Sled Dr

Jackson, WY 83001

2 bd2 ba1,200 sqft$1792/ft²
House11,326 sqft lot

Aaron Adams · Jackson Hole Sotheby's International Realty

View photos & details
7 bedroom house for sale at 10750 S Dora St Jackson 83001 - $2,400,000
New Listing
4
$2,400,000

10750 S Dora St

Jackson, WY 83001

7 bd8 ba4,878 sqft$492/ft²
House1.27 acres

Kelsey Spaulding · Keller Williams Jackson Hole

View photos & details
5 bedroom townhouse for sale at 371 Snow King Loop Jackson 83001 - $2,550,000
New Listing
22
$2,550,000

371 Snow King Loop

Jackson, WY 83001

5 bd3 ba2,066 sqft$1234/ft²
Townhouse3,485 sqft lot

Brett Mcpeak · Jackson Hole Sotheby's International Realty

View photos & details
4 bedroom house for sale at 14275 S Leader Ln Jackson 83001 - $3,590,000
New Listing
35
$3,590,000

14275 S Leader Ln

Jackson, WY 83001

4 bd5 ba2,510 sqft$1430/ft²
House7,841 sqft lot

Peter Mlynaric · Home Sweet Home Services LLC

View photos & details
4 bedroom house for sale at 2055 Log Cabin Clb Rd Jackson 83001 - $3,780,000
New Build
28
$3,780,000

2055 Log Cabin Clb Rd

Jackson, WY 83001

4 bd5 ba2,791 sqft$1354/ft²
House12,197 sqft lot

Margi Barrie · Prugh Real Estate LLC

View photos & details
4 bedroom house for sale at 1240 Melody Creek Ln Jackson 83001 - $4,500,000
2
$4,500,000

1240 Melody Creek Ln

Jackson, WY 83001

4 bd4 ba3,379 sqft$1332/ft²
House23,522 sqft lot

Gillespie Real Estate Team · Compass Real Estate

View photos & details
4 bedroom house for sale at 590 W Lodge Cottage Rd Jackson 83001 - $4,595,000
New Listing
45
$4,595,000

590 W Lodge Cottage Rd

Jackson, WY 83001

4 bd5 ba3,974 sqft$1156/ft²
House20,909 sqft lot

Frederick Harness · Jackson Hole Sotheby's International Realty

View photos & details
land for sale at 1225 Munger Mountain Rd Jackson 83001 - $9,500,000
New Listing
22
$9,500,000

1225 Munger Mountain Rd

Jackson, WY 83001

Land17.77 acres

Audrey Williams · Jackson Hole Sotheby's International Realty

View photos & details
land for sale at 5095 N Prince Pl Jackson 83001 - $14,995,000
New Listing
39
$14,995,000

5095 N Prince Pl

Jackson, WY 83001

Land18.80 acres

Latham Jenkins · Live Water Properties LLC

View photos & details

Looking to buy in Jackson?

Get connected with a local real estate expert — free, no obligation.

Active listings

56

Homes on market

Median list price

$2.8M

Avg. days on market

55

Days until sale

New this week

23

Newly listed

Price drops:14.3%of listings

How much do homes cost in Jackson by property type?

How the Jackson, WY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Jackson, WY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Condo / co-op$1.75M$1,497/sq ft450 days
Townhouse$1.39M$871/sq ft3165 days

Who lives in Jackson?

American Community Survey estimates for Jackson. U.S. Census ACS, 2023

Population

10,746

Households

4,239

Median income

$112,609/yr

Median age

35 years

Owner-occupied

45.9%

Median home value

$1.23M

Median gross rent

$1,975/mo

Mean commute

12.7 min

45.9% of occupied homes in Jackson are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $1.23M against Zillow's $2.01M typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,975/mo, below Zillow's $5,161/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Jackson?

6 schools tracked · 2,532 students

The largest public schools serving Jackson, WY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Jackson Hole High School

Grades 9-12 · 866 students

Public

Jackson Hole Middle School

Grades 6-8 · 664 students

Public

Munger Mountain Elementary School

Grades K-5 · 376 students

Public

Jackson Elementary

Grades K-5 · 303 students

Public

Colter Elementary

Grades K-5 · 289 students

Public

Summit Innovations School

Grades 9-12 · 34 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Jackson, WY?

Ordered by distance from Jackson, not by size. Compare Jackson side by side with any of them.

Which ZIP codes are in Jackson?

These are the ZIP codes we see on active Jackson listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Jackson housing market FAQ

Is Jackson a buyer's or seller's market?

Jackson, WY is currently a buyer's market. That read comes from 6.2 months of supply, homes going under contract in about 55 days in the last month Redfin published (May 2026).

How much do homes cost in Jackson?

The typical home in Jackson, WY is worth $2.01M (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $1.59M, about $1,157 per square foot.

Is Jackson cheaper than the rest of Wyoming?

Jackson's median sale price of $1.59M is 243% higher than the Wyoming statewide median of $464,500, and 288% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Jackson?

Homes in Jackson, WY spent a median of 55 days on market before going under contract, versus 51 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Jackson?

At the current 30-year fixed rate of 7.03%, 20% down on a $2.01M home is about $10,753 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $460,832 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $112,609.

Are home prices rising in Jackson?

The typical home value in Jackson, WY rose 3.1% over the last 12 months, from $1.95M to $2.01M (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Jackson?

Jackson ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Jackson?

That depends on your timeline, not on a headline. What the data says today: Jackson, WY is a buyer's market with 6.2 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 32.5x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.