Oneonta, New York Short-Term Rental Market Analysis

The short-term rental (STR) market in Oneonta, New York, is characterized by 165 active listings, an average daily rate (ADR) of $269.29, and an occupancy rate of 49.19%. A noteworthy metric is the average monthly revenue per property, which stands at approximately $1,284, providing a foundational insight for potential investors in this market.

Oneonta, New York Short-Term Rental Market Overview

Population: 13,079
Annual Visitors: 300,000
Total STRs: 394
ADR: $278.21

Visitor Profile

Oneonta, New York, attracts approximately 1.5 million visitors annually, drawn by its vibrant cultural scene and natural beauty. The visitor demographic is diverse, with a significant portion comprising families, college students, and outdoor enthusiasts. The primary reasons for visiting include attending events, exploring local attractions, and enjoying outdoor activities such as hiking and fishing. The economic impact of tourism in Oneonta is substantial, contributing millions to the local economy and supporting numerous jobs in hospitality and retail sectors.

In-depth visitor analysis reveals that the majority of tourists are aged between 25 and 44, with a balanced gender distribution. Families represent a significant segment, often visiting for events at the State University of New York at Oneonta or local festivals. The average length of stay for visitors is around two to three days, with peak seasons occurring during the summer months and fall foliage periods, which attract both leisure travelers and nature enthusiasts. According to the tourism bureau (https://visitoneonta.com/visit/what-do/), popular attractions include the Oneonta History Center and the scenic Cooperstown area, which is just a short drive away. Additionally, visitors often engage in local events such as the Oneonta Farmers’ Market, which showcases regional produce and crafts.

The visitor statistics report (https://en.wikipedia.org/wiki/Oneonta,_New_York) indicates that tourism plays a crucial role in sustaining the local economy, with hotel occupancy rates peaking during summer and fall. This influx of visitors not only boosts revenue for local businesses but also enhances the community’s cultural vibrancy. Overall, Oneonta’s tourism landscape is characterized by a mix of educational, recreational, and cultural experiences that cater to a wide range of visitors.

Top Attractions

Oneonta, New York, is a charming city that offers a delightful blend of cultural, outdoor, and family-friendly attractions, making it an ideal destination for visitors of all ages. Nestled in the scenic foothills of the Catskill Mountains, Oneonta is known for its vibrant downtown, rich history, and beautiful parks. Among its signature attractions are the renowned Cooperstown All Star Village, a premier youth baseball facility, and the captivating Oneonta History Center, which showcases the city’s fascinating past. Whether you’re looking to explore nature, delve into local history, or enjoy family activities, Oneonta has something for everyone, ensuring a memorable visit.

One of the top attractions in Oneonta is the Oneonta History Center, where visitors can immerse themselves in the local heritage through engaging exhibits and artifacts. This center serves as a hub for understanding the city’s development and its role in the region. For families seeking outdoor fun, the Neahwa Park is a must-visit, featuring playgrounds, walking trails, and picnic areas, making it perfect for a day out with children. Additionally, the Oneonta Farmers Market offers a vibrant selection of local produce, crafts, and baked goods, providing a taste of the community’s agricultural bounty. For more family-oriented activities, check out the Kids & Families section on the official visitor website (https://visitoneonta.com/visit/kids-families/). To explore more about what Oneonta has to offer, visit the official guide (https://visitoneonta.com/visit/what-do/) or discover the broader attractions in the area through Oneonta Adventures (https://www.thisiscooperstown.com/plan-your-visit/towns/oneonta/). With its diverse array of attractions, Oneonta is a hidden gem waiting to be explored.

Regulations

Oneonta, New York, has established specific regulations governing short-term rentals to ensure compliance with local laws and community standards. Property owners looking to operate short-term rentals must navigate a range of requirements, including potential licensing, tax obligations, and zoning restrictions. Understanding these regulations is crucial for avoiding penalties and ensuring a successful rental operation. Key aspects include the need for property owners to adhere to safety standards and meet occupancy tax requirements. For those interested in entering the short-term rental market in Oneonta, it is essential to stay informed about these regulations to maintain compliance and foster a positive relationship with the community.

In Oneonta, property owners must be aware of several key regulatory requirements. While a specific short-term rental permit is not explicitly mandated, owners should check local zoning laws to ensure their property is in an area that permits short-term rentals. Additionally, property owners are subject to an occupancy tax, which is typically around 4%, although it is advisable to confirm the current rate with local authorities. Safety requirements, such as smoke detectors and carbon monoxide alarms, must be met to ensure guest safety. Violations of these regulations can lead to fines or other penalties, emphasizing the importance of compliance. For more detailed information on Oneonta’s regulations, property owners can refer to the official document available at https://www.ny.gov/sites/default/files/atoms/files/Oneonta_DRI.pdf. Staying informed and compliant will help ensure a successful short-term rental experience in Oneonta.

Vacation Rental Market Overview for Oneonta

Oneonta attracts visitors with its beaches and waterfront activities and adventure sports and activities. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

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Oneonta, New York Market Performance Trends

LTM Avg. Daily Rate$243.00
LTM Occupancy Rate71.0%
LTM Avg. Revenue$2,850

Short-Term Rental Market Performance Analysis for Oneonta

The short-term rental market in Oneonta demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: year-round stability with consistent occupancy

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Oneonta, New York Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:58.4% Booked
  • 4-6 Months:36.6% Booked
  • 7-9 Months:18.2% Booked
  • 10-12 Months:0% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Oneonta

Oneonta vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals structured minimum stays optimizing for weekly rentals. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Oneonta, New York Housing Market Data

Home Value Trends

Home value history is not available for this location.

Market Overview

  • Typical Home Value:$208,926
  • Median Sale Price:$224,133
  • Median List Price:$292,483

Current Inventory

  • Homes For Sale:201
  • New Listings:69

Detailed Market Analysis

The average home value in Oneonta is $208,926, down 0.5% over the past year. Learn more about the Oneonta housing market and real estate trends.

Real Estate Market Analysis for Oneonta, New York

The residential real estate market in Oneonta, New York presents unique opportunities for investors and homebuyers alike. Current market dynamics show affordable housing options with growth potential with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: growing population trends, economic development, and lifestyle amenities These factors contribute to the overall market performance and future growth potential.

Real estate investments in Oneonta, New York benefit from growing rental market potential and investment opportunities. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Oneonta, New York Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

  • Overall Rating:4.84 / 5
  • Cleanliness:4.86 / 5
  • Location:4.89 / 5
  • Value:4.85 / 5
  • Accuracy:4.90 / 5
  • Check-in:4.96 / 5
  • Communication:4.95 / 5

Vacation Rental Property Types in Oneonta

The vacation rental market in Oneonta features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

Market characteristics include predominantly entire home rentals catering to families. This distribution reflects local demand patterns and traveler preferences.

Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

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StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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More Locations In New York

Related Short-Term Rental Markets

Explore 37 vacation rental markets within New York. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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