The Jackson Hole real estate market entered 2026 with steady activity, though at a slightly slower pace than last year. Overall transactions declined by about 8%, largely due to a sharp drop in condo and townhome sales. At the same time, single-family homes and land sales posted year-over-year gains—pointing to a market that remains active, but more selective.

As the year wraps up, it’s a good time to check in on how the Jackson Hole real estate market is doing. While national housing trends tend to grab headlines, Jackson Hole often plays by its own rules. The area’s uniqueness and its extreme land scarcity create a dynamic market that can be difficult to compare to anywhere else.