Monday, 24 August 2020 09:57

Poconos rank third in top spots to buy a vacation home in U.S.

Source: Philadelphia Inquirer

by Katie Park, Posted: August 21, 2020

The Poconos ranked among the top markets for buying a vacation home this year, according to a report released Friday by the rental management company Vacasa.

The forested area about two hours from Philadelphia was the only region in Pennsylvania that broke into the list of the most popular 25 vacation home destinations, according to the report’s data. The Poconos, ranked third on the list and with a median home price of around $200,000, was preceded by Cape Hatteras, N.C., and Big Sky, Mont.

Gatlinburg, Tenn., a resort town nestled along the edge of the Great Smoky Mountains, ranked just after the Poconos. Sevierville, Tenn., less than 15 miles from Gatlinburg, ranked first in Vacasa’s list of most popular vacation home spots last year.

During the coronavirus pandemic, vacation home sales boomed in some locations — the Jersey Shore among them — as did vacation rentals once Vacasa said states lifted some safety regulations and people gained more confidence to travel.

“[P]eople were eager to travel and rebooked their vacations at an almost alarming rate,” Vacasa said in its report. It noted that the sharp influx of rental bookings started to compensate for the sharp drop of rental bookings in March and April, when the majority of states temporarily ordered recreational activities shut down.

Even as entertainment venues were allowed to reopen in late spring, many people have opted for outdoor activities, where it is easier to social-distance and lessen the chance of transmitting the coronavirus. Several of the vacation home hubs Vacasa listed are in or near the scenic places and within 2½ hours from a major city.

“In a post-pandemic environment,” according to the report, “we expect nearly all markets to rebound in terms of both rental rates and occupancy.”

Last modified on Sunday, 20 December 2020 21:03

Featured Events

earth day.jpg26 Apr 2025
12:00PM - 04:00PM
Earth Day
bingo.PNG27 Apr 2025
01:00PM -
Bingo Fundraiser
01 May 2025
Rotary Scholarship Accepting Applications & Essays DEADLINE
clean-up.PNG03 May 2025
08:00AM - 12:00PM
Spring Clean Up
fire-co-sportsmans-raffle-2024.jpg25 May 2025
04:00PM - 05:00PM
Sportsman's Raffle (Fire Co)
05 Jun 2025
Citizen of the Year DEADLINE
summer craft fair.PNG14 Jun 2025
10:00AM - 03:00PM
Summer Craft Fair
total eclipse.PNG29 Jun 2025
05:00PM -
TOTAL ECLIPSE OF THE CHART
ConcertInThePark.PNG01 Jul 2025
04:30PM - 08:30PM
Concert In The Park
cabaret.PNG19 Jul 2025
07:30PM -
Cabaret Night
Tea & Symphony.PNG20 Jul 2025
04:00PM -
TEA & SYMPHONY
showcase.PNG25 Jul 2025
06:00PM -
The Room Where It Happens Performing Arts Camp Showcase
26 Jul 2025
10:00AM - 04:00PM
Grapevine Picnic
tropical rock.PNG16 Aug 2025
07:00PM -
Tropical Rock for Five O’Clock…Somewhere
annualGolfTournament.PNG14 Sep 2025
12:00PM - 06:00PM
Annual Golf Tournament
halloween.PNG19 Oct 2025
02:30PM - 05:00PM
Barrett Township Halloween Parade
skytop.jpg05 Nov 2025
2025 NYITCOM Wellness Summit: The Future of Healthcare
skytop.jpg05 Nov 2025
2025 NYITCOM Wellness Summit: The Future of Healthcare
skytop.jpg05 Nov 2025
2025 NYITCOM Wellness Summit: The Future of Healthcare
celebration.PNG05 Dec 2025
06:00PM -
Holiday Celebration & Tree Lighting

Social Media

 

Subscribe via Email

 

Facebook Groups
Disclaimer: We are not affiliated with any of these Facebook pages or groups

 

 

Flag of the United States DoS ECA Color Standard.svg

Flag of the United States DoS ECA Color Standard.svg

Flag of the United States DoS ECA Color Standard.svg

Flag of Pennsylvania.svg 0 min