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Market Reports

Teton Valley Real Estate Market Report | Q2 2026

During Q2 2026, the Teton Valley real estate market demonstrated steady transaction activity alongside clear segment divergence. Total transactions held virtually flat at 265 (down from 269 year-over-year), while overall dollar volume dropped 12% to $187.2 million. This volume drop was primarily driven by zero farm and ranch sales closing during the quarter, compared to $21.4 million in Q2 2025. Single-family homes led residential growth, with sales rising 21% to 86 transactions and total volume climbing 3% to $108.4 million. The median price rose 5% to $1.12 million, powered by a 56% surge in Victor transactions. Active single-family inventory contracted by 25% to 151 listings. Vacant land remained the valley’s most active sector, accounting for nearly half of all sales with 128 transactions (up 3%). Total land volume held steady at $48.4 million, while the median price jumped 28% to $285,000, driven by demand for mid-tier parcels. Condominium and townhome activity softened, with sales dropping 19% to 44 transactions and volume falling 17% to $24.1 million, though prices remained stable. Commercial sales ticked up slightly to six transactions totaling $5.5 million.

Overall, steady transaction numbers highlight sustained demand across Teton Valley, with performance varying noticeably by property type, location, and price point.

More details in the full report below!

Jackson Hole Real Estate Market Report | Q2 2026

During Q2 2026, the Jackson Hole real estate market experienced active, highly segmented growth across all property types. Overall sales rose 9% year-over-year to 161 transactions, while total dollar volume surged 49% to $1.04 billion—a metric heavily skewed by a single $350 million commercial transaction. Average days on market dropped 14% to 143 days as active inventory held steady at 354 listings. Single-family homes led activity with 78 sales (up 24%), though high demand in lower tiers brought the average sale price down 30% to $4.10 million. Conversely, condominium and townhome sales dropped 18% to 42 transactions, but strong luxury demand pushed the average sale price up 46% to $2.44 million, with sales over $2 million doubling. Vacant land recorded the sharpest transaction surge, jumping 40% to 28 sales. Although available land listings expanded significantly to 72, average market time improved by 25% to 191 days. Commercial real estate remained modest in transaction count (10 sales) but dominated dollar volume due to the $350 million landmark deal. Cash transactions continued to lead the market at 59% of overall sales, while non-MLS deals accounted for 32%. Overall, Q2 2026 underscored a resilient market where outcomes hinged on property type, condition, and precise pricing.

 More details in the full report below!

Star Valley Real Estate Market Report | Q2 2026

During Q2 2026, the Star Valley real estate market experienced a surge in activity, with overall transactions rising 42% year-over-year to 218 and total dollar volume jumping 43% to $109.9 million. The overall average sale price held steady at $503,922, while days on market improved slightly to 148 days amid a stable inventory of 460 listings.

Vacant land proved to be the most active property category, accounting for over half of all transactions. Land sales surged 52% to 114, boosting total volume 58% to $22.7 million and lifting the median land price 19% to $140,000, with Central Star Valley leading the momentum. Single-family homes drove the largest share of dollar volume, with sales up 34% to 95 transactions totaling $66.6 million. Although the average sale price decreased 16% to $701,324, the median price remained flat at $592,500. Northern and Southern Star Valley both posted strong single-family transaction gains. Condominium and townhome activity remained sparse at just three transactions, but a $5.6 million high sale drove total segment volume up 111% to $10.6 million. Commercial sales dropped to three deals, while two farm and ranch sales added $6.1 million. Overall, Q2 2026 highlighted a thriving, highly segmented market bolstered by strong land and single-family demand.

More details in the full report below!

Past Market Reports:

Teton Valley
2025 Year End
2024 Year End
2023 Year End
2022 Year End
2021 Year End
2020 Year End
2019 Year End
2018 Year End
2017 Year End
2016 Year End
2015 Year End

Past Market Reports:

Jackson Hole
2025 Year End
2024 Year End
2023 Year End
2022 Year End
2021 Year End
2020 Year End
2019 Year End

Property Quick Search

The Teton Valley real estate market stayed strong through an increased number of contracts and pending sales, decreased number of days on the market, expanding inventory, softer pricing, and shifting demand across segments which points to the market finding its equilibrium in the face of changing economic conditions and buyer priorities.
Read the full report to learn more!
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Compass Real Estate

PAUL KELLY

Associate Broker, GRI
(307) 690-7057

CHLOË PIERCE

Sales Associate
(307) 690-9340

ANDREA LOBAN

Associate Broker
(208) 201-3467

BRICE NELSON

Assistant
(208) 313-5269

© Copyright 2019-2024 – Fall Line Realty Group

Fall Line Realty Group is a real estate team affiliated with Compass Real Estate, a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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