Kaboom! Value Of Jackson Luxury Property Has Exploded In Value Since 1995 | Cowboy State Daily
A thirty-year market study indicates that high-end real estate prices in Jackson Hole have risen dramatically since 1995. One five-acre parcel saw its valuation grow from $395,000 to over $18 million during that period.
A new analysis shows that luxury property values in Jackson have soared over the last 30 years, with vacant land appreciating by an average of 1,384%. This massive growth is driven by extreme scarcity, as only 3% of the land in the valley is privately owned, while the rest is protected by federal agencies or conservation easements. Real estate experts note that while some high-end parcels have even outperformed the S&P 500, the market for homes under $2 million has largely stalled due to owners holding onto low interest rates.