Vacation Homes Make Up 6.8% of Montana Housing, 7th Most in the U.S.
Researchers found Kentucky’s vacation-home share trails the national rate, while the U.S. housing shortage and higher costs have reduced second-home demand.
- Following a 2018 peak, vacation home ownership declined steadily to 4.74 million in 2024, according to SellMyTimeshareNow analysis. This trend reduced vacation homes' share of total U.S. housing stock from 4.0% to 3.3%.
- Elevated mortgage rates and rising home prices have made discretionary second-home purchases less attainable. Federal mortgage data shows purchases of second homes using a mortgage fell nearly 66% from their pandemic-era peak in 2021 to 2025.
- By concentration, northern New England leads the country, with vacation homes accounting for 15.3% of housing in Maine and 14.7% in Vermont. Florida holds the highest volume with over 802,000 units.
- Data from 2025 shows timeshare occupancy reached 79.9%, nearly 18 percentage points higher than the 62.3% hotel rate. This shared model concentrates vacation demand, potentially preserving inventory for year-round residents.
- National housing shortages estimated at 4.03 million units form the backdrop for these trends. As policymakers scrutinize short-term rentals and institutional ownership, vacation home patterns reflect broader tensions over housing allocation.
26 Articles
26 Articles
Vacation Homes Make Up 2.9% to 10.1% of Housing Stock in Five States
The United States faces a roughly 4.03 million shortfall in housing, fueling higher prices and rents and making it harder for first-time buyers and workers to find affordable homes. A SellMyTimeshareNow analysis details how vacation homes and timeshares influence housing stock, with state-by-state variations in vacation-home shares as communities weigh policy responses to the broader shortage. · 25 sources across the spectrum on IJR News.
Vacation Homes Make Up 8.6% of Alaska Housing, 4th Most in the U.S.
While the U.S. has millions of homes that are used only seasonally or occasionally, vacation housing is far more concentrated in some communities than others. In several prominent resort markets, vacation homes account for more than half of the entire…
Vacation Homes Make Up 5.5% of Michigan Housing, 11th Most in the U.S.
While the U.S. has millions of homes that are used only seasonally or occasionally, vacation housing is far more concentrated in some communities than others. In several prominent resort markets, vacation homes account for more than half of the entire…
Vacation Homes Make Up 8.5% of Delaware Housing, 5th Most in the U.S.
While the U.S. has millions of homes that are used only seasonally or occasionally, vacation housing is far more concentrated in some communities than others. In several prominent resort markets, vacation homes account for more than half of the entire…
Vacation Homes Make Up 2.4% of California Housing
While the U.S. has millions of homes that are used only seasonally or occasionally, vacation housing is far more concentrated in some communities than others. In several prominent resort markets, vacation homes account for more than half of the entire…
Vacation Homes Make Up 4.9% of Minnesota Housing, 14th Most in the U.S.
While the U.S. has millions of homes that are used only seasonally or occasionally, vacation housing is far more concentrated in some communities than others. In several prominent resort markets, vacation homes account for more than half of the entire…
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