2026 Q2 Market Report - Jackson Hole
Midway through 2026, the Jackson Hole real estate market is outpacing last year on transactions, but lags behind on dollar volume compared to 2025. As is often the case in Teton County, home sales led the way.
While accounting for a little more than half of the total 132 sales in Q1, home sales generated $313.9M of the valley yearto-date total of $473.5M (or about 2/3rds of the Teton County total). The 74 home sales through Q2 also represented a 37 percent increase compared to the 54 homes sales by the end of June, 2025. The uptick in transactions, however, is occurring at price points lower than twelve months ago.
This market trend pushed the median home sale price down 25 percent to $3.145M thus far in 2026. The average home sale price fell 34 percent to $4.24M. Generally speaking, however, individual property values have remained mostly static.
While the Town of Jackson was the most active region of the valley for the first six months of 2026 (posting 51 sales, or 38.6 percent of all transactions), the region south of Jackson saw the greatest year-over-year increase with 28 closings (or a 33 percent increase compared to Q2 2025). Nine sales in Rafter J and six sales in the Snake River Sporting Club highlighted the activity.
Across all property types, active listings fell slightly by the end of Q2 2026 with 280 properties listed for sale throughout the valley (and down from 289 twelve months ago).
Cresting the hill of summer, the regional real estate market has been frenetic thus far in 2026. What remains to be seen is if the busy summer season will generate enough velocity to exceed 2025’s year-end dollar volume total of nearly $1.4B.
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