Tuesday, July 23, 2019

Florida Boasts 9 of the 10 U.S. Cities With the Most Vacation Homes

If you’re looking for the U.S. city with the most vacation homes, by number, that’s New York City. It’s popular, for sure — and it also has the most homes, period.

However, if you’re looking for the city where you’re most likely to come across a vacation home — where the share of all homes that are vacation homes is largest — that’s a different glittery strip: Miami Beach, where a quarter of all homes are dedicated to the vacay.

By the latter measure, nine of the 10 cities with the most vacation homes are in Florida. If you took that same measure among a longer list of metro areas, you’d find greater geographic diversity, but among a shorter list of the 184 cities with the most homes, Florida is the clear winner.

In these spots, at least one in 10 homes is a vacation home:

Miami Beach, FL

Share of all homes that are vacation homes: 24.9%
Number of vacation homes: 17,509
Median home value: $366,800

Pompano Beach, FL

Share of all homes that are vacation homes: 18.7%
Number of vacation homes: 10,794
Median home value: $214,000

Fort Lauderdale, FL

Share of all homes that are vacation homes: 16.2%
Number of vacation homes: 15,170
Median home value: $312,900

Cape Coral, FL

Share of all homes that are vacation homes: 15.8%
Number of vacation homes: 13,627
Median home value: $227,800

Boca Raton, FL

Share of all homes that are vacation homes: 13.1%
Number of vacation homes: 7,122
Median home value: $339,100

Hollywood, FL

Share of all homes that are vacation homes: 12.3%
Number of vacation homes: 8,416
Median home value: $277,500

Largo, FL

Share of all homes that are vacation homes: 12.3%
Number of vacation homes: 5,640
Median home value: $195,800

Clearwater, FL

Share of all homes that are vacation homes: 12.2%
Number of vacation homes: 7,072
Median home value: $211,100

West Palm Beach, FL

Share of all homes that are vacation homes: 11.6%
Number of vacation homes: 6,020
Median home value: $238,600

Scottsdale, AZ

Share of all homes that are vacation homes: 10.5%
Number of vacation homes: 14,120
Median home value: $478,200

The post Florida Boasts 9 of the 10 U.S. Cities With the Most Vacation Homes appeared first on Zillow Research.



via Florida Boasts 9 of the 10 U.S. Cities With the Most Vacation Homes

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