Spooner, Wisconsin Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 90
ADR: $276.00

Visitor Profile

Spooner, Wisconsin, attracts a diverse array of visitors annually, contributing significantly to the local economy. While specific annual visitor numbers are not readily available, the region’s tourism is bolstered by its natural beauty and recreational opportunities. Key demographic highlights indicate that a substantial portion of visitors are families and outdoor enthusiasts, with many travelers aged between 35 and 54. The primary purposes for visiting Spooner include outdoor activities such as fishing, hiking, and snowmobiling, which are prevalent throughout the year. The economic impact of tourism in Spooner is noteworthy, as it supports local businesses and generates millions in revenue, enhancing the community’s overall vitality.

According to the Washburn County Tourism board, Spooner is a hub for both seasonal and year-round visitors, with peak seasons occurring during summer and winter months. The average length of stay for visitors is estimated to be around three days, allowing ample time to explore the area’s attractions. The primary demographics of visitors include families, couples, and solo travelers, with a notable percentage coming from neighboring states like Minnesota and Illinois. Many visitors are drawn to Spooner for its scenic landscapes and outdoor activities, which are highlighted on platforms such as Travel Wisconsin (https://www.travelwisconsin.com/northwest/washburn-county/spooner). The visitor statistics report indicates that Spooner tourism statistics reflect a growing interest in eco-tourism and adventure travel, making it an appealing destination for those seeking unique experiences. For more information on local attractions and visitor demographics, the official tourism site provides valuable insights (https://cityofspoonerwi.gov/life-in-spooner/washburn-county-tourism/).

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Top Attractions

Spooner, Wisconsin, is a charming small town that offers a delightful mix of outdoor adventures, cultural experiences, and family-friendly activities. Nestled in the heart of Washburn County, Spooner is known for its stunning natural beauty and rich history. Visitors can explore the scenic Spooner Lake, perfect for fishing and kayaking, or delve into the local heritage at the Spooner Historical Museum. With a variety of attractions to choose from, Spooner is an ideal destination for those seeking both relaxation and adventure. Whether you’re hiking the trails or enjoying a leisurely afternoon at the local parks, Spooner promises memorable experiences for everyone.

One of the top attractions in Spooner is the Spooner Historical Museum, which offers a fascinating glimpse into the area’s past. The museum features exhibits on local history, including artifacts from the railroad era and Native American displays. For more information, visit the official site at https://spoonerchamber.org/fun-at-our-attractions/. Another must-see is Spooner Lake, a picturesque spot perfect for outdoor enthusiasts. This serene lake is ideal for fishing, swimming, and picnicking, making it a great place for families to unwind. You can find more details about outdoor activities in the area at https://www.travelwisconsin.com/northwest/washburn-county/spooner.

For those interested in hidden gems, the Washburn County area offers unique attractions that showcase the natural beauty of Wisconsin. The local trails provide opportunities for hiking and biking, allowing visitors to immerse themselves in the stunning landscapes. To discover more about these hidden treasures, check out https://www.washburncounty.org/blog/post/hidden-gems-spooner-wi/. With its diverse range of Spooner attractions, visitors are sure to find plenty of things to do year-round.

Regulations

Spooner, Wisconsin, has established specific regulations for short-term rentals to ensure safety, compliance, and community standards. Property owners looking to operate short-term rentals in Spooner must obtain a license from the city, which involves submitting an application and paying the required fees. Additionally, owners are responsible for collecting and remitting a room tax on rentals, which is currently set at 5%. It is crucial for property owners to be aware of zoning restrictions that may limit where short-term rentals can operate. Safety requirements, including smoke detectors and carbon monoxide detectors, must also be met to ensure guest safety. Failure to comply with these regulations can result in penalties, including fines or revocation of the rental license. For more detailed information, property owners should read on.

To operate a short-term rental in Spooner, a license is mandatory, and applications can be found on the city’s official website. The licensing process ensures that all properties meet local safety and zoning standards. The room tax must be collected from guests and submitted to the city by the designated deadlines, typically quarterly. Zoning restrictions may vary, so property owners should consult the municipal code to confirm allowable areas for short-term rentals. Safety requirements include having working smoke and carbon monoxide detectors installed in the property. Non-compliance with these regulations can lead to penalties, including fines or the suspension of the rental license. For complete regulations, visit the Code of Ordinances for the City of Spooner (https://cityofspoonerwi.gov/code-of-ordinances/) and the Municode Library (https://library.municode.com/wi/spooner/codes/code_of_ordinances?nodeId=COORSPWI).

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Vacation Rental Market Overview for Spooner

Spooner attracts visitors with its beaches and waterfront activities and family-friendly attractions. 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.

Spooner, Wisconsin Market Performance Trends

LTM Avg. Daily Rate$264.00
LTM Occupancy Rate46.7%
LTM Avg. Revenue$3,074

Short-Term Rental Market Performance Analysis for Spooner

The short-term rental market in Spooner 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: mature market with optimized pricing patterns

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

Spooner, Wisconsin Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$293,933
  • Median List Price:$348,249

Current Inventory

  • Homes For Sale:45
  • New Listings:10

Detailed Market Analysis

The average home value in Spooner, WI is $293,934, up 4.9% over the past year. Learn more about the Spooner housing market and real estate trends.

Real Estate Market Analysis for Spooner, Wisconsin

The residential real estate market in Spooner, Wisconsin presents unique opportunities for investors and homebuyers alike. Current market dynamics show balanced market conditions with accessible entry points with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: established neighborhoods, community amenities, and transportation accessibility These factors contribute to the overall market performance and future growth potential.

Real estate investments in Spooner, Wisconsin benefit from consistent market appreciation and strong resale values. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Spooner, Wisconsin Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:65.5% Booked
  • 4-6 Months:65.4% Booked
  • 7-9 Months:37.5% 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 Spooner

Spooner 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 balanced approach between flexibility and stability. 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.

Spooner, Wisconsin Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Spooner

    The vacation rental market in Spooner 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 concentration in 2-3 bedroom properties ideal for small groups. 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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