Vacation Homes Make Up 6.8% of Montana Housing, 7th Most in the U.S.
The share underscores how tourism demand can tighten local housing supply, with Montana among the states where vacation homes make up a larger slice of the market.
- Vacation homeownership has declined steadily since peaking at 5.47 million in 2018, falling to 4.74 million in 2024. The share of United States housing stock devoted to vacation homes dropped from 4.0% to 3.3% during this period.
- Higher mortgage rates and elevated home prices increased ownership costs while return to in-person work reduced geographic flexibility. Purchases of second homes using a mortgage fell nearly 66% from their pandemic-era peak in 2021 to 2025.
- Northern New England leads in concentration, with vacation homes accounting for 15.3% of Maine's housing and 14.7% in Vermont. Small resort metros see even higher shares: Nantucket, Massachusetts, reaches 55.0% of its housing stock.
- The United States faces an estimated shortage of 4.03 million homes, according to Redfin, intensifying debate over housing allocation. Single-household vacation homes can strain local inventory, particularly in communities with limited supply.
- Shared ownership models like timeshares achieve 79.9% occupancy in 2025, outperforming the 62.3% hotel average by nearly 18 percentage points. By concentrating demand in resort developments, these properties utilize real estate more intensively without depleting conventional housing stock.
21 Articles
21 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 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…
Mountain Democrat
SF WeeklyVacation 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…
The Paintsville Herald
Appalachian News-ExpressOnly 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…
Coverage Details
Bias Distribution
- 59% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
