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Teton County, WY housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$2,266,786+4.5% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 7% have cut their price
Income needed to buy, per year$491,392About 3.2× the local median income ($151,604): hard to afford
Days on market119 daysSlower than a year ago: buyers have time to negotiate

The typical home in Teton County, WY is worth $2,266,786, up 4.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $1,953,218, so the area is 16.1% overvalued. It is a balanced market, leaning toward sellers: homes take about 119 days to sell, listings are down 12% from a year ago, 7% of listings have had a price cut. A household needs about $491,392 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $151,604. Typical rent is $4,327 a month. In the latest IRS figures, 205 more people moved out than in.

Home value over time

$0K$500K$1.0M$1.5M$2.0M1990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$2,266,786
Change in 1 year+4.5%
Overvalued %+16.1%
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Fair home value$1,953,218
Change in 5 years+41.0%
Home value to income15.0×
Monthly mortgage payment (20% down)$12,285
Income needed to afford it$491,392
Property tax rate0.45%

Rent and investing

Typical rent$4,327
Price-to-rent ratio43.7×
HUD Fair Market Rent, 2 bedrooms$1,683
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Gross rental yield2.29%
Cap rate (estimate)1.49%

Market activity

Listings vs a year ago−11.9%
Days on market119
Listings with a price cut7.0%
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Homes for sale214
Pending sales per 100 listings16
Asking price per sq ft$1,390

People and jobs

Median household income$151,604
Population change (1 year)−0.1%
Unemployment rate1.8%
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Population23,333
Income adjusted for cost of living$165,507
Net moves in (IRS)−205
Cost of living (US = 100)91.6

Schools, risk and environment

School rating (1 to 10)6.0
FEMA hazard risk score (0 to 100)70.6
Unhealthy air days a year0
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Flood risk score34.7
Wildfire risk score90.6
Walkability (1 to 20)7.3
Road, rail and air noise53 dB

Questions people ask

Is Teton County, WY overvalued?
Home prices in Teton County, WY are well above what local incomes have historically supported: fair value is about $1,953,218, so the area is 16.1% overvalued.
Is Teton County, WY a buyer's or seller's market?
Teton County, WY is a balanced market, leaning toward sellers: homes take about 119 days to sell, listings are down 12% from a year ago, 7% of listings have had a price cut.
Are home prices going down in Teton County, WY?
Home values in Teton County, WY are up 4.5% over the last year.
How much do you need to earn to buy a home in Teton County, WY?
A household needs about $491,392 a year to afford the typical home in Teton County, WY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $151,604.

Nearby and similar counties

ZIP codes in Teton County (open on the map)

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