Harrison, Idaho Short-Term Rental Market Overview
Visitor Profile
Harrison, Idaho, attracts approximately 150,000 visitors annually, drawn by its stunning natural beauty and outdoor recreational opportunities. The visitor demographic is primarily composed of families and outdoor enthusiasts, with a significant portion aged between 30 and 55. Many visitors come for activities such as boating, fishing, and hiking, making it a popular destination for summer vacations and weekend getaways. The economic impact of tourism in Harrison is substantial, contributing millions to the local economy through lodging, dining, and recreational services. The area’s charm and accessibility make it a favored spot for both regional and national travelers.
In terms of visitor statistics, Harrison sees a diverse range of tourists throughout the year. The primary demographics include families, couples, and solo travelers, with a notable increase in visitors from nearby metropolitan areas like Spokane and Coeur d’Alene. The main reasons for visiting are centered around outdoor activities, with fishing and boating being particularly popular. Visitors typically stay for an average of three to four days, with peak seasons occurring during the summer months, particularly July and August, when the weather is ideal for outdoor pursuits. According to the Harrison Chamber of Commerce (https://www.harrisonidaho.org/), the influx of tourists during these months significantly boosts local businesses, highlighting the importance of tourism to Harrison’s economy. Additionally, the tourism bureau (https://visitnorthidaho.com/community/harrison-idaho/) notes that the area is increasingly becoming a year-round destination, with winter sports attracting visitors during the colder months. Understanding these visitor demographics and travel patterns is crucial for STR operators looking to optimize their offerings and capitalize on the growing tourism market in Harrison.
Top Attractions
Harrison, Idaho, is a charming lakeside town that offers a delightful blend of outdoor adventure and cultural experiences. Nestled along the shores of Lake Coeur d’Alene, Harrison is known for its stunning natural beauty and rich history. Visitors can explore the scenic trails, enjoy water activities, or immerse themselves in the local community’s vibrant culture. Signature attractions like the Harrison City Park and the nearby Mount Harrison provide a variety of experiences for families, nature lovers, and history buffs alike. Whether you’re looking to relax by the lake or engage in outdoor activities, Harrison has something for everyone, making it a perfect getaway destination.
One of the top attractions in Harrison is the Harrison City Park, which features beautiful picnic areas, playgrounds, and direct access to the lake. This park is an ideal spot for families to unwind and enjoy the picturesque surroundings. For those seeking adventure, Mount Harrison offers breathtaking views and hiking opportunities. The lookout point at Mount Harrison is a must-visit for panoramic vistas of the surrounding landscape. More information can be found at Visit Southern Idaho (https://visitsouthidaho.com/adventure/mount-harrison-lookout/).
Additionally, the Harrison Chamber of Commerce provides valuable resources for visitors, including local events, dining options, and shopping experiences. Their website (https://www.harrisonidaho.org/) is a great starting point for discovering all that Harrison has to offer. For a broader exploration of the area, check out the official visitor guide at North Idaho (https://visitnorthidaho.com/community/harrison-idaho/), which highlights various attractions and activities in Harrison. With its unique blend of outdoor and cultural experiences, Harrison is a hidden gem waiting to be explored.
Regulations
Harrison, Idaho, has established specific regulations for short-term rentals to ensure community safety and compliance with local laws. Property owners interested in renting their homes on a short-term basis must first obtain a rental license from the city. This process includes adhering to zoning regulations that determine where short-term rentals are permitted. Additionally, owners are required to collect and remit applicable taxes, including the Idaho state sales tax, which is currently set at 6%. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience. For a complete overview of Harrison short-term rental regulations, it is essential to familiarize yourself with the local laws and requirements.
Key regulatory information for short-term rentals in Harrison includes obtaining a rental license, which involves submitting an application and paying the necessary fees. Zoning restrictions may limit where rentals can operate, so it is vital to check local zoning ordinances. Safety requirements, such as smoke detectors and fire extinguishers, must be met to ensure guest safety. Property owners must also be aware of penalties for non-compliance, which can include fines or revocation of rental licenses. For more detailed information on state regulations, refer to Section 67-4212 of the Idaho State Legislature (https://legislature.idaho.gov/statutesrules/idstat/Title67/T67CH42/SECT67-4212/). Staying informed about these regulations will help property owners navigate the complexities of short-term rentals in Harrison effectively.
Vacation Rental Market Overview for Harrison
Harrison attracts visitors with its outdoor recreation and natural beauty and urban amenities and entertainment. 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.
Harrison, Idaho Market Performance Trends
Short-Term Rental Market Performance Analysis for Harrison
The short-term rental market in Harrison 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.
Harrison, Idaho Housing Market Data
Home Value Trends
Market Overview
- Typical Home Value:$940,414
- Median List Price:$2,670,416
Current Inventory
- Homes For Sale:63
- New Listings:7
Detailed Market Analysis
Real Estate Market Analysis for Harrison, Idaho
The residential real estate market in Harrison, Idaho presents unique opportunities for investors and homebuyers alike. Current market dynamics show strong appreciation trends in a premium market segment with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.
Key Market Factors
Important considerations for this market include: market stability, reasonable property taxes, and strong rental demand These factors contribute to the overall market performance and future growth potential.
Real estate investments in Harrison, Idaho 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.
Harrison, Idaho Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:60.3% Booked
- 4-6 Months:39.5% Booked
- 7-9 Months:14.8% 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 Harrison
Harrison 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.
Harrison, Idaho Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Harrison
The vacation rental market in Harrison 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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