The States With Surging Vacation Home Markets
August 13, 2019
Montana has seen the most growth in vacation homes over the past decade, nudging out traditional choices like Florida and California, according to a new study from IPX 1031, a 1031 exchange resource.
Since 2009, Montana has seen its number of vacation homes grow the most (by 63%), followed by Mississippi (58%), Idaho (56%), Nevada (51%), and Alaska (48%).
Overall, the number of vacation homes has risen over the past decade nationwide, increasing by 29%, according to IPX 1031. IPX 1031 analyzed the total number of vacation homes in every state and calculated the growth since 2009.
Updated: May 29, 2020