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Buying a home in Teton Village, Wyoming

The typical owner-occupied home in Teton Village is worth about $2,000,001, 6.5 times the Wyoming median of $309,700 and 6.0 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 0.50% of their home's value, lower than the Wyoming rate of 0.57%. 32% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.

Teton Village at a glance

Teton Village Wyoming U.S.
Median home value $2,000,001 $309,700 $332,700
Median property tax paid per year $10,001 $1,767 $3,119
Property tax as a share of value 0.50% 0.57% 0.94%
Median household income – $76,176 $80,734
Homes lived in by their owners 32% 72% 65%
Owner homes with a mortgage 56% 56% 61%
Median monthly costs, owners with a mortgage – $1,754 $1,963
Median rent – $992 $1,413
Rent as a share of renters' income 9.0% 27.0% 30.6%
Median year homes were built 1983 1981 1980
Vacant homes 41.9% 12.2% 10.1%
Population 739 582,397 334,922,499

What a typical home costs per month in Teton Village

At this week's average 30-year rate of 7.11%, buying the median Teton Village home of $2,000,001 with 20% down costs about $12,430 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $16,083, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $532,713 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$400,000
Loan amount$1,600,001
Principal and interest$10,763
Property taxes (0.50% a year)$833
Homeowners insurance (our estimate, 0.5% a year)$833
PMI$0
Total per month$12,430

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3.5% down, 30-year FHA loan
Down payment$70,000
Loan amount$1,963,776
Principal and interest$13,210
Property taxes (0.50% a year)$833
Homeowners insurance (our estimate, 0.5% a year)$833
FHA mortgage insurance$1,206
Total per month$16,083

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Questions about home buying in Teton Village

What is the median home value in Teton Village?

About $2,000,001 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Teton Village?

Homeowners pay a median $10,001 a year, which is about 0.50% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Teton Village?

For the median home with 20% down at 7.11%, the payment is about $12,430 a month. Keeping that under 28% of gross income takes about $532,713 a year.

More about Teton Village

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data