Vacation Homes Make Up 3.5% of New York State Housing

Vacation homes in the U.S. peaked at 5.47 million in 2018 but declined to 4.74 million in 2024, now making up 3.3% of housing. Timeshares have higher occupancy (79.9%) than hotels (62.3%), efficiently using vacation properties. Florida has the most vacation homes, while Maine and Vermont have the highest concentration. In New York State, vacation homes constitute 3.5% of housing, totaling about 301,000 units.