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Teton County

Idaho · Jackson, WY-ID micropolitan area · 13,254 residents (2025 est.)

FHFA annual index 1998–2025Developmental county indexPermits through August 2026
FHFA house price index for Teton County, 1998 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 2001Recession 2007–09Recession 20200200400600200020052010201520202025United StatesPeak 2024: 5482025: 499
Teton County (100 = first year)United States, rebased to the same startNBER recessionPeak before the latest index value

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

FHFA's index for Teton County, Idaho, starts in 1998 and stood at 499 in 2025, +399.1% above its base of 100.

Over the ten years to 2025 the index rose +170.8% (+10.5% a year), well above Idaho at +149.0% and well above the national +85.0%. The Jackson, WY-ID area rose +179.2%. The latest one-year change is −8.9%.

The strongest decade was the 2000s (+59.3%); the weakest the 2010s (+56.8%).

After a 2008 peak the index fell −37.3% to 2012 and regained the peak in 2018.

Builders were authorised for 374 housing units in the county in the 12 months to August 2026 (+23.0% on the previous 12 months), 28.2 units per 1,000 residents; 65% were single-family houses. Since 1995 the county has authorised 6,101 units, most in 2007.

−8.9%1 year, 2024–2025Idaho +2.3%
+77.3%5 yearsUS +47.0%
+170.8%10 years+10.5% a year annualised
+342.9%since 2000US +158.3%
374units permitted, 12 months28.2 per 1,000 residents

Same span, four levels

Change in the FHFA indexTeton CountyJackson areaIdahoUnited States
1 year (2024–2025)−8.9%−1.4%+2.3%+2.8%
5 years (2020–2025)+77.3%+85.0%+56.6%+47.0%
10 years (2015–2025)+170.8%+179.2%+149.0%+85.0%
20 years (2005–2025)+204.6%+262.5%+170.1%+79.1%
Since 2000+342.9%+435.8%+266.3%+158.3%
Since 1998+399.1%+591.2%+281.7%+192.0%
10-year annualised+10.5%+10.8%+9.6%+6.3%
20-year annualised+5.7%+6.7%+5.1%+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

DecadeChangeUnited States
2000s (2000–2010)+59.3%+29.7%
2010s (2010–2020)+56.8%+35.5%
2020s so far (2020–2025)+77.3%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1998 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1998 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20082012−37.3%2018
20242025−8.9%not by 2025

Building permits

Housing units authorised by building permits in Teton County, by month over the latest five years and by year since 1995.

Housing units authorised in Teton County by month, latest 12 months050100150Sep 2025: 106 units (16 single-family, 90 in multi-unit buildings)Sep 2025Oct 2025: 37 units (37 single-family, 0 in multi-unit buildings)Oct 2025Nov 2025: 16 units (11 single-family, 5 in multi-unit buildings)Nov 2025Dec 2025: 13 units (13 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 13 units (7 single-family, 6 in multi-unit buildings)Jan 2026Feb 2026: 22 units (20 single-family, 2 in multi-unit buildings)Feb 2026Mar 2026: 32 units (32 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 20 units (20 single-family, 0 in multi-unit buildings)Apr 2026May 2026: 23 units (23 single-family, 0 in multi-unit buildings)May 2026Jun 2026: 36 units (26 single-family, 10 in multi-unit buildings)Jun 2026Jul 2026: 28 units (18 single-family, 10 in multi-unit buildings)Jul 2026Aug 2026: 28 units (20 single-family, 8 in multi-unit buildings)Aug 2026

Housing units authorised in Teton County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Teton County by month, latest 60 months050100150Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 9 units (9 single-family, 0 in multi-unit buildings)Feb 2022: 24 units (22 single-family, 2 in multi-unit buildings)Mar 2022: 47 units (23 single-family, 24 in multi-unit buildings)Apr 2022: 28 units (26 single-family, 2 in multi-unit buildings)May 2022: 38 units (38 single-family, 0 in multi-unit buildings)Jun 2022: 31 units (31 single-family, 0 in multi-unit buildings)Jul 2022: 48 units (40 single-family, 8 in multi-unit buildings)Aug 2022: 63 units (53 single-family, 10 in multi-unit buildings)Sep 2022: 35 units (35 single-family, 0 in multi-unit buildings)Sep 2022Oct 2022: 34 units (22 single-family, 12 in multi-unit buildings)Nov 2022: 16 units (16 single-family, 0 in multi-unit buildings)Dec 2022: 10 units (10 single-family, 0 in multi-unit buildings)Jan 2023: 4 units (4 single-family, 0 in multi-unit buildings)Feb 2023: 13 units (13 single-family, 0 in multi-unit buildings)Mar 2023: 11 units (11 single-family, 0 in multi-unit buildings)Apr 2023: 23 units (23 single-family, 0 in multi-unit buildings)May 2023: 32 units (32 single-family, 0 in multi-unit buildings)Jun 2023: 27 units (23 single-family, 4 in multi-unit buildings)Jul 2023: 31 units (31 single-family, 0 in multi-unit buildings)Aug 2023: 123 units (33 single-family, 90 in multi-unit buildings)Sep 2023: 27 units (27 single-family, 0 in multi-unit buildings)Sep 2023Oct 2023: 40 units (36 single-family, 4 in multi-unit buildings)Nov 2023: 21 units (18 single-family, 3 in multi-unit buildings)Dec 2023: 12 units (7 single-family, 5 in multi-unit buildings)Jan 2024: 16 units (13 single-family, 3 in multi-unit buildings)Feb 2024: 12 units (12 single-family, 0 in multi-unit buildings)Mar 2024: 24 units (19 single-family, 5 in multi-unit buildings)Apr 2024: 119 units (39 single-family, 80 in multi-unit buildings)May 2024: 33 units (25 single-family, 8 in multi-unit buildings)Jun 2024: 21 units (21 single-family, 0 in multi-unit buildings)Jul 2024: 30 units (25 single-family, 5 in multi-unit buildings)Aug 2024: 43 units (35 single-family, 8 in multi-unit buildings)Sep 2024: 25 units (23 single-family, 2 in multi-unit buildings)Sep 2024Oct 2024: 26 units (26 single-family, 0 in multi-unit buildings)Nov 2024: 17 units (17 single-family, 0 in multi-unit buildings)Dec 2024: 14 units (14 single-family, 0 in multi-unit buildings)Jan 2025: 13 units (13 single-family, 0 in multi-unit buildings)Feb 2025: 15 units (15 single-family, 0 in multi-unit buildings)Mar 2025: 25 units (25 single-family, 0 in multi-unit buildings)Apr 2025: 49 units (40 single-family, 9 in multi-unit buildings)May 2025: 27 units (27 single-family, 0 in multi-unit buildings)Jun 2025: 24 units (24 single-family, 0 in multi-unit buildings)Jul 2025: 33 units (33 single-family, 0 in multi-unit buildings)Aug 2025: 36 units (26 single-family, 10 in multi-unit buildings)Sep 2025: 106 units (16 single-family, 90 in multi-unit buildings)Sep 2025Oct 2025: 37 units (37 single-family, 0 in multi-unit buildings)Nov 2025: 16 units (11 single-family, 5 in multi-unit buildings)Dec 2025: 13 units (13 single-family, 0 in multi-unit buildings)Jan 2026: 13 units (7 single-family, 6 in multi-unit buildings)Feb 2026: 22 units (20 single-family, 2 in multi-unit buildings)Mar 2026: 32 units (32 single-family, 0 in multi-unit buildings)Apr 2026: 20 units (20 single-family, 0 in multi-unit buildings)May 2026: 23 units (23 single-family, 0 in multi-unit buildings)Jun 2026: 36 units (26 single-family, 10 in multi-unit buildings)Jul 2026: 28 units (18 single-family, 10 in multi-unit buildings)Aug 2026: 28 units (20 single-family, 8 in multi-unit buildings)

Housing units authorised in Teton County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Teton County by year, 1995–202502004006001995: 181 units (181 single-family, 0 in multi-unit buildings)19951996: 132 units (132 single-family, 0 in multi-unit buildings)1997: 72 units (72 single-family, 0 in multi-unit buildings)1998: 85 units (85 single-family, 0 in multi-unit buildings)1999: 137 units (105 single-family, 32 in multi-unit buildings)2000: 216 units (172 single-family, 44 in multi-unit buildings)20002001: 215 units (167 single-family, 48 in multi-unit buildings)2002: 218 units (192 single-family, 26 in multi-unit buildings)2003: 155 units (151 single-family, 4 in multi-unit buildings)2004: 245 units (216 single-family, 29 in multi-unit buildings)2005: 270 units (222 single-family, 48 in multi-unit buildings)20052006: 436 units (382 single-family, 54 in multi-unit buildings)2007: 550 units (424 single-family, 126 in multi-unit buildings)2008: 181 units (181 single-family, 0 in multi-unit buildings)2009: 39 units (39 single-family, 0 in multi-unit buildings)2010: 16 units (16 single-family, 0 in multi-unit buildings)20102011: 11 units (11 single-family, 0 in multi-unit buildings)2012: 10 units (10 single-family, 0 in multi-unit buildings)2013: 29 units (29 single-family, 0 in multi-unit buildings)2014: 28 units (28 single-family, 0 in multi-unit buildings)2015: 93 units (89 single-family, 4 in multi-unit buildings)20152016: 116 units (108 single-family, 8 in multi-unit buildings)2017: 180 units (154 single-family, 26 in multi-unit buildings)2018: 208 units (143 single-family, 65 in multi-unit buildings)2019: 155 units (149 single-family, 6 in multi-unit buildings)2020: 247 units (219 single-family, 28 in multi-unit buildings)20202021: 389 units (354 single-family, 35 in multi-unit buildings)2022: 377 units (319 single-family, 58 in multi-unit buildings)2023: 360 units (257 single-family, 103 in multi-unit buildings)2024: 366 units (266 single-family, 100 in multi-unit buildings)2025: 384 units (279 single-family, 105 in multi-unit buildings)2025

Housing units authorised in Teton County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026Teton CountyIdahoUnited States
Housing units authorised37418,4711,418,086
Units per 1,000 residents28.29.14.1
Single-family share65%78%63%
Change on previous 12 months+23.0%+1.3%−0.1%
Units authorised since 19956,101401,16243,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Teton County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2025, its spans end in that year.

ZIP1 year10 yearsSince 2000Index throughYears
83455+2.2%+239.3%—202525
83422—+144.5%—202523

Cities and permit-issuing places in Teton County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

PlaceUnits, 12 monthsPer 1,000 residentsSingle-family
Teton County Unincorporated Area181—100%
Victor14154.511%
Driggs5221.690%

Questions and answers

How much have home values in Teton County risen over 10 years?

The FHFA index for Teton County rose +170.8% from 2015 to 2025, about +10.5% a year. Over 20 years: +204.6%; since 2000: +342.9%.

How does Teton County compare with Idaho and the United States?

Over the ten years to 2025: Teton County +170.8%, Idaho +149.0%, United States +85.0%, Jackson, WY-ID +179.2%.

What happened to Teton County prices in 2008?

The index peaked in 2008 and fell −37.3% to 2012; it passed the peak again in 2018. The state index fell −26.1% over 2007–2011.

How many homes are being built in Teton County?

374 housing units were authorised by building permits in the 12 months to August 2026 (243 single-family, 117 in buildings of five or more units), or 28.2 per 1,000 residents against 9.1 for Idaho.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1998–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.