While neighboring markets in both Teton Counties (Wyoming and Idaho) saw lackluster years, Star Valley defied the odds with a 26.7% surge in transactions—tallying 436 sales in 2024. The valley-wide sales volume jumped 29% to $232.3M, with nearly an even split between homes (208 sales, +23.8%) and vacant land (212 sales, +41.3%).

2024 will be remembered as the year Teton Pass collapsed, disrupting a crucial connection during the busy summer season. While the highway reopened in under a month, the Teton Valley real estate market faced challenges throughout the year, including high mortgage rates and limited inventory…

Despite early challenges in 2024 — from the Teton Pass collapse to rising mortgage rates — the Jackson Hole real estate market showed remarkable resilience. Transactions increased by 10.6%, and total sales volume exceeded $1.052 billion, breaking the Billion Dollar mark for the year…

While the total transactions in Teton County fell 3.3 percent in 2023 compared to last year, the complementing dollar managed to break the symbolic $1 Billion mark just in time for the new year. Home sales dominated the year-end stats, generating nearly $750M on just 137 transactions (for an average home sale price of $5.44M)…

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On paper the Teton Valley, Idaho and Alta, Wyoming real estate market saw a little bit of a letdown by the end of 2023, with transactions falling 23.2 percent and overall dollar volume dropping 11.1 percent compared to 2022. That perceived letdown, however, fails to take into account the meteoric rise the valley has seen in recent years. In 2019 (or pre-Covid), the Teton Valley market saw 586 transactions that generated $181.9M in sales volume.

Despite a strong Q4 that saw an uptick in both transactions and overall sales dollar volume (up 16.7 percent and 56.2 percent, respectively), the 2023 Star Valley real estate market ended down on the year compared to 2022, posting 31.5 percent fewer transactions and 34.2 percent less volume than the previous twelve months…

27650 Buffalo Fork Road