diff --git a/pkgs/tools/misc/esphome/dashboard.nix b/pkgs/tools/misc/esphome/dashboard.nix
index 23747aed3787..8cc6f8faa9f4 100644
--- a/pkgs/tools/misc/esphome/dashboard.nix
+++ b/pkgs/tools/misc/esphome/dashboard.nix
@@ -13,19 +13,19 @@
 
 buildPythonPackage rec {
   pname = "esphome-dashboard";
-  version = "20241120.0";
+  version = "20241217.1";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = "esphome";
     repo = "dashboard";
     rev = "refs/tags/${version}";
-    hash = "sha256-insoDWHqMFAGgmsY2ZgNuo1cl0WGJXRy398bt3ADORs=";
+    hash = "sha256-Mirihvts8G2D4e5Jn7S0dWEJ+sOHZ+fvzsNaLpAOyMA=";
   };
 
   npmDeps = fetchNpmDeps {
     inherit src;
-    hash = "sha256-UKrF7yzyj09WBrmrJ6uzcRjIYrKwCqLQ5paiqnt/Xuc=";
+    hash = "sha256-fWQvDMeuRjyToHhhZH1KtLWuhgAvq900cCja2dvLQyU=";
   };
 
   build-system = [ setuptools ];
diff --git a/pkgs/tools/misc/esphome/default.nix b/pkgs/tools/misc/esphome/default.nix
index 7d5876fa4666..74c69313a4b7 100644
--- a/pkgs/tools/misc/esphome/default.nix
+++ b/pkgs/tools/misc/esphome/default.nix
@@ -22,14 +22,14 @@ let
 in
 python.pkgs.buildPythonApplication rec {
   pname = "esphome";
-  version = "2024.11.3";
+  version = "2024.12.0";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = pname;
     repo = pname;
     rev = "refs/tags/${version}";
-    hash = "sha256-ZGqYvbNBQSoU6F20Bdzif8zmzLPr4XusVVrOR0iWl7k=";
+    hash = "sha256-Ftq01cfKs9FVL6cexgnTf9KANtM+UgCHOloTgnvRENs=";
   };
 
   build-systems = with python.pkgs; [
@@ -55,20 +55,15 @@ python.pkgs.buildPythonApplication rec {
 
     # ensure component dependencies are available
     cat requirements_optional.txt >> requirements.txt
-    # relax strict runtime version check
-    substituteInPlace esphome/components/font/__init__.py \
-      --replace-fail "10.4.0" "${python.pkgs.pillow.version}"
   '';
 
   # Remove esptool and platformio from requirements
   env.ESPHOME_USE_SUBPROCESS = "";
 
   # esphome has optional dependencies it does not declare, they are
-  # loaded when certain config blocks are used, like `font`, `image`
-  # or `animation`.
+  # loaded when certain config blocks are used.
   # They have validation functions like:
-  # - validate_cryptography_installed
-  # - validate_pillow_installed
+  # - validate_cryptography_installed for the wifi component
   dependencies = with python.pkgs; [
     aioesphomeapi
     argcomplete