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Vacation Homes Make Up 6.8% of Montana Housing, 7th Most in the U.S.

Researchers said Kentucky has 34,484 vacation homes, and the state’s 1.7% share trails the national rate by 1.6 percentage points.

  • Montana's 6.8% vacation home share ranks 7th highest in the United States, reflecting significant concentration of seasonal and recreational properties within the state's housing stock.
  • Purchases of second homes using a mortgage fell nearly 66% from their 2021 pandemic-era peak as elevated prices and interest rates made discretionary property ownership less attainable.
  • Northern New England leads in concentration, with Maine and Vermont devoting 15.3% and 14.7% of housing to vacation use, while Florida maintains the highest volume at over 802,000 homes.
  • In 2025, timeshare occupancy reached 79.9%, nearly 18 percentage points higher than the 62.3% hotel rate, indicating shared models concentrate tourism demand without depleting conventional residential inventory.
  • Redfin estimates the United States faces a 4.03 million unit housing shortage, intensifying debates over whether vacation home usage impacts affordability for year-round residents.
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  • 60% of the sources are Center
60% Center

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KULR-TV broke the news in Billings, United States on Monday, September 14, 2026.
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