Vacation Homes Make Up 6.8% of Montana Housing, 7th Most in the U.S.
Researchers said Kentucky has 34,484 vacation homes, far below the U.S. average share and amid a national housing shortage.
- Vacation home ownership has declined annually since peaking in 2018, according to SellMyTimeshareNow analysis of Census Bureau data. The total fell to 4.74 million units in 2024, with the national share dropping from roughly 4.0% to 3.3%.
- Higher mortgage rates and elevated home prices have discouraged second home purchases, while the return to in-person work reduced geographic flexibility. Federal mortgage data shows second home purchases fell nearly 66% from their 2021 peak through 2025.
- Vacation housing is most concentrated in northern New England, where Maine leads at 15.3% of its housing stock, followed by Vermont at 14.7% and New Hampshire at 10.1%. Montana maintains 6.8%, reflecting coastal and mountain economies.
- Timeshares reached 79.9% occupancy in 2025, compared to 62.3% for hotels—a gap of nearly 18 percentage points. This efficiency suggests shared ownership models make more intensive use of vacation-oriented real estate than single-owner homes.
- The United States faces an estimated 4.03 million unit housing shortage, intensifying debates over how existing stock is used. Policymakers have increasingly scrutinized vacation homes and short-term rentals as potential constraints on year-round housing availability.
16 Articles
16 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 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 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…
Only 1.7% of Kentucky Homes Are Vacation Homes, 9th Lowest Percentage 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 3.9% of North Carolina 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…
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