2025 Mid-Year Market Report | Jackson Hole & Teton Valley
Mountain Standard is here to be your resource for all things Jackson Hole and Teton Valley real estate. Wondering what's been going on in the market lately and how it could affect your buying or selling plans? I'm here to break it down for you.
Jackson Hole, Wyoming
The first half of 2025 revealed a resilient but evolving real estate landscape in Jackson Hole. Despite national headwinds such as elevated interest rates, volatile global markets, and persistent buyer hesitation, the local market experienced an 18% increase in overall transaction volume and a 16% rise in total dollar volume compared to mid-year 2024. While the average sale price dipped slightly by 2%, this shift reflects increased activity in mid-market price ranges rather than a decline in value. Notably, consumer confidence began to rebound in late Q2 following May's tariff policy reversal and stock market recovery. Inventory levels rose 15%, and 33% more listings went under contract, signaling improving both buyer engagement and selection as we head into the second half of the year.
The Jackson Hole real estate market demonstrated notable strength through the first half of 2025, outperforming many national markets despite lingering macroeconomic uncertainty. Activity remained especially strong in the luxury and condo/townhome sectors, while single-family sales stayed steady with robust price growth. Whether for lifestyle, legacy, or investment, demand for the Jackson lifestyle remains deeply rooted. 2025 appears to mark a meaningful turning point in the real estate market post-COVID.
Teton Valley, Idaho
Q2 2025 brought both challenges and growth to the Teton Valley real estate market amid a backdrop of national economic uncertainty. Political volatility and fluctuating consumer confidence created hesitancy among some buyers and sellers. Yet, the Teton Valley market demonstrated resilience, with an 18% increase in total dollar volume YOY and moderate price growth across several property segments. While many of the Q2 closings reflected deals made before the May 12 reversal of U.S.-China tariffs, which catalyzed a sharp stock market rebound, the full effects of that confidence boost may manifest in the coming quarters. Inventory levels increased 116%, pending listings more than doubled, and average time on market saw a modest dip, indicating growing interest, tempered by buyer caution.
In summary, the Teton Valley market continued to show resilience in Q2 2025, buoyed by rising sales activity in single-family homes and condos, even as macroeconomic uncertainty lingered. The steep drop in land sales underscores buyer caution amid longterm planning decisions, while the commercial sector's modest rise hints at renewed investor confidence. With interest rates holding steady, consumer confidence tentatively rebounding post-May, and inventory levels increasing significantly, the valley appears well-positioned to capitalize on renewed activity as we move into the second half of 2025.
What does this mean for me?
As a potential Buyer or Seller, you most likely still have plenty of questions on the market and how it could affect your timing and goals. And I’m here to help. Market dynamics are tricky, and having a trusted team in your corner that specializes in both Jackson Hole and Teton Valley real estate is essential in making the right decision. Reach out today, I'd be happy to walk you through it.
Check out the full reports below: