Occupancy Optimization: The ZIP Codes Where Short-Term Rentals Stay Booked

In the world of short-term rentals, understanding occupancy optimization is crucial for success. By analyzing the data, we can identify the ZIP codes where short-term rentals stay booked. Let's dive into the numbers and explore the most in-demand ZIP codes.

Median Prices: A Starting Point

Let's start by comparing median prices across cities. New York, NY, has a median sale price of $825,000, while Los Angeles, CA, has a median price of $736,000. This difference of $89,000 is significant, but when we look at Chicago, IL, with a median price of $400,000, we see a stark contrast.

However, when we examine the data for other cities, we see that Houston, TX, has a median price of $355,000, while Phoenix, AZ, has a median price of $485,000. These numbers give us an idea of the varying market conditions across cities. Short-term rental market outlook and analysis can help us better understand these trends.

Homes Sold: A Key Metric

Another crucial metric is the number of homes sold. In New York, NY, 2381 homes were sold, while in Los Angeles, CA, only 78 homes were sold. This massive difference highlights the varying demand for short-term rentals in these cities.

When we look at the data for other cities, we see that Chicago, IL, had 1134 homes sold, while Houston, TX, had 1680 homes sold. These numbers demonstrate the importance of understanding local market conditions when investing in short-term rentals. For a deeper dive into short-term rental regulations, check out this article on short-term rental regulations.

Days on Market: A Key Indicator

Days on market is another essential metric to consider when analyzing short-term rentals. In New York, NY, homes stayed on the market for 74 days, while in Los Angeles, CA, homes stayed on the market for 43 days. This difference of 31 days is significant, indicating varying market conditions.

When we examine the data for other cities, we see that Chicago, IL, had homes on the market for 48 days, while Houston, TX, had homes on the market for 47 days. These numbers demonstrate the importance of understanding local market conditions when investing in short-term rentals. For a more in-depth look at the short-term rental market, check out this article on short-term rental heatmaps.

In cities like Sturgis, SD, with a median sale price of $369,375,000, homes stayed on the market for 200 days, while in Indian Creek, FL, with a median sale price of $79,000,000, homes stayed on the market for 141 days. These numbers give us an idea of the varying market conditions across cities.

For a city like New York, NY, the median sale price is $825,000 with homes typically staying on the market for 74 days. When comparing to Los Angeles, CA, which has a median price of $736,000, we can see a difference of $89,000. As we explore the data, we can identify the most in-demand ZIP codes for short-term rentals.

The rise of boutique short-term rentals has created a new landscape in the industry, and understanding occupancy optimization is crucial for success. By analyzing the data, we can identify the most in-demand ZIP codes and create a solid strategy for short-term rentals.

For a more in-depth look at the short-term rental market, check out this article on the best short-term rental markets in Washington for 2025.