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First-time home buyer programs in Jackson, WY

Quick answer

First-time buyers in Jackson, WY can use 3%-down conventional loans (up to the $1,249,125 Teton County conforming limit), 3.5%-down FHA, or VA and USDA where eligible. On the $1,228,700 median home, 3% down is about $36,861 and the estimated payment is $9,321/month at 7.18%.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsData last updated

Median household income: $112,609; value-to-income ratio 10.91. Jackson ranks 1 by home value and 10 by population among 11 places in our WY dataset.

What does a first-time buyer loan cost on a typical Jackson home?

ItemJackson
Median home value (Census ACS)$1,228,700
Wyoming median home value$285,100
Down payment (3%)$36,861
Loan amount$1,191,839
Estimated monthly payment (PITI + MI)$9,321
Income needed (28% / 36%)$400,000 / $311,000
Teton County 2026 conforming limit (1 unit)$1,249,125
Max purchase price at the limit$1,287,000

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Payment includes Wyoming's 0.58% effective property tax rate (Census ACS), $1,853/yr homeowners insurance (NAIC state average) and an estimated 0.5% PMI.

What is the 2026 conforming loan limit in Jackson?

Jackson is in Teton County. Conventional 3%-down loans go up to the $1,249,125 conforming limit (price ≈ $1,287,000); FHA loans go up to $1,249,125.

The Jackson median home value of $1,228,700 is 331% above the Wyoming median, and within what the county limit supports.

Which down payment assistance programs can Jackson buyers use?

No applicable programs have been verified for this city yet. Check the state housing finance agency for current assistance.

First-time buyer loans in nearby cities

CodyRivertonGreen RiverRock SpringsEvanstonSheridan

First-time buyer loan FAQs for Jackson

On the $1,228,700 median: 3% conventional ≈ $36,861, 3.5% FHA ≈ $43,005, and 0% for eligible VA or USDA buyers. Conventional loans above $1,249,125 in Teton County become jumbo loans.

At the $1,228,700 median value (above the Wyoming median of $285,100), the estimated payment of $9,321/month at 7.18% needs about $400,000 a year under the 28% housing guideline, or $311,000 if your total debts stay under 36%.

0 city-level, 0 county-level and 0 statewide programs are verified for this city (0 total). Check each official administrator's eligibility rules and available funds.

Sources

Data last updated October 23, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.