2026 E-Insights Report

Percentage of Vacant Housing Units for Recreational Use

  • Tampa Bay shows consistently high levels of recreational-use vacancies, ranging between 46% and 56% over the past decade — among the highest across all MSAs. This trend reflects the area’s strong tourism economy, second-home ownership, and attractiveness as a retirement destination.
  • Miami and Orlando also record elevated shares of recreational vacancies, underscoring Florida’s reputation as a hub for seasonal residents and leisure-driven housing demand.
  • In contrast, Baltimore, Dallas, and St. Louis maintain some of the lowest rates, suggesting housing markets primarily driven by full-time residential demand rather than seasonal or investment activity. The recent slight decline in Tampa Bay’s recreational vacancy rate (2022–2024) could signal tightening housing supply, rising demand for permanent residences, or increased conversion of seasonal units into primary housing.
Bar Graph

Trend Over Time

Trend Over Time Line Graph

Competitive Position Trend

Competitive Position Trend Line Graph

About: This indicator measures the share of vacant housing units that are classified as seasonal, recreational, or occasional-use properties across selected MSAs. It provides insight into the degree of investment or tourism-driven housing in each region, as well as the impact of seasonal residency patterns on local housing markets. Sources: U.S. Census Bureau, American Community Survey (ACS), Table B25004: Vacancy Status, 2013–2024.