Jackson Hole Property Market and Real Estate Guide

(Jackson Hole, Wyoming - WY, USA)

Jackson Hole is probably the most glamorous community in the American Rocky Mountains, with wealthy retirees, ski tourists, outdoors types and the occasional movie star coming together to appreciate the phenomenal Grand Teton mountain range.

Jackson Hole is an expensive place to buy property, and while more affordable arrangements can be found, million-dollar homes are a regular fixture here. Future development is highly regulated, due to the fact that Jackson lies on the fringes of Teton National Park.


Listing prices have dropped recently, and some investors consider this a good time to buy property or sign leases in Jackson Hole. In this case, demand always outstrips supply, a fact which drives prices up over the long-run. Properties within Jackson Hole and to the west are the most expensive, while those to the north have lower average prices.

Renting Serviced Apartments

Jackson Hole attracts celebrities and corporate executives, and not all of them own discreet properties in the area. There is an excellent selection of serviced apartments here, catering to this upmarket set of travelers. Less extravagant options are also available in retirement and holiday communities.

Generally, serviced apartments fetch a premium in Jackson Hole, simply because there are not that many units available. As a rule, an apartment that comes with enhanced amenities and service is likely to offer excellent value for money, but will cost much more than a standard apartment. Time-shares and rental homes offer more competitive rates against hotels for guests staying a week or longer.

Buying Apartments and Houses

Modest homes under a million dollars (some under half a million) can be found north of Jackson Hole in the foothills of the Grand Tetons. These are typically on large tracts of land and may include extras, such as a horse stable. Prices triple in Jackson Hole city proper and in the ranch land to the west. Limited condominiums and rental units follow the same pattern.

Closing costs to buyers are low in Wyoming, both by US and international standards. Under normal circumstances, the buyer ends up paying less than 1.2 percent of the purchase price in title transfer, inspection and mortgage origination fees. Premium properties may incur higher fees, a possibility which is best checked against a local property lawyer.

Real Estate Agents

Finding a real estate agent who understands the Jackson Hole community landscape is important. There are several agencies on the ground, some catering for jet-set travelers buying holiday homes and others keyed in at a more community level. Take the time to consult with several agencies before settling on one.

Check out the following Jackson Hole realtors and real estate agents:

Jackson Hole Realtor
Address: 1110 Maple Way, Jackson, Wyoming WY, 83001, USA
Tel: +1 307 733 9888
Email: info@prughrealestate.com
Website: www.purughrealestate.com
This locally owned realtor deals both with residential and commercial sales in the greater Jackson Hole area.

Penny Gaitan Art Hazen Real Estate
Address: 140 North Cache Drive, Jackson, Wyoming WY, 83001, USA
Tel: +1 307 690 9133
Email: pengaitan@aol.com
Website: www.jhrealestate.com
The realtors employed at this agency have a combined century's worth of experience in the local real estate business.

Jackson Hole Real Estate Company
Address: 155 North Jackson Street, Jackson, Wyoming WY, 83001, USA
Tel: +1 307 733 4969
Email: jeff@jacksonholerr.com
Website: www.jacksonholerr.com
This realtor operates a comprehensive and searchable website listing properties for sale or rent in Jackson Hole.