Is Teton County, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Teton County has remained a Buyer's Market.
Housing Prices in Teton County, WY
How much do homes in Teton County, WY cost?
Median Sold Price
$2,112,500
$1,067/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Teton County was $2,112,500 in May 2024, up 9% from last year, and the median price per square foot was $1,067.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $855K | $865K | +1.2% |
2 Bedrooms | $1.2M | $1.1M | -7.4% |
3 Bedrooms | $1.9M | $2.3M | +21.7% |
4 Bedrooms | $3.6M | $3.1M | -13.2% |
5+ Bedrooms | $6.3M | $3.7M | -40.6% |
Summary: Teton County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes decreased by 40.6%.
Median Sold Price Compared To Nearby Counties
Sublette County | $336.6K | $422.2K | +25.4% |
Teton County | $1.9M | $2.1M | +9.0% |
Teton County | $820.2K | $790K | -3.7% |
Housing Supply in Teton County, WY
How many homes are available in Teton County, WY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
149 | 164 | +10.1% |
Summary: The Teton County real estate market had 164 homes for sale in May 2024, a 10.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 5 | -37.5% |
2 Bedrooms | 36 | 40 | +11.1% |
3 Bedrooms | 50 | 50 | 0.0% |
4 Bedrooms | 25 | 36 | +44.0% |
5+ Bedrooms | 30 | 33 | +10.0% |
Summary: The Teton County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 44%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 11 | -52.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Teton County in May 2024, down by 52.2% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Teton County, WY
How long does it take to sell a home in Teton County, WY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
175 Days | 168 Days | -4.0% |
Summary: Homes in Teton County had an average of 168 days on market in May 2024, down by 4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Teton County; 18% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.