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Westover, Maryland

Short-Term Rental Market Data & Investment Analysis

Westover, Maryland Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 27
ADR: $276.00

Visitor Profile

Westover, Maryland, is a small but vibrant community that attracts a diverse range of visitors each year. While specific annual visitor numbers are not readily available, the Somerset County tourism bureau indicates that the region draws a significant number of tourists, primarily for outdoor recreation and cultural experiences. The key demographics include families, couples, and solo travelers, with a notable interest in nature-based activities. Visitors often engage in fishing, hiking, and exploring local history, contributing to the area’s economic impact through spending on accommodations, dining, and local attractions. The tourism sector plays a crucial role in job creation and community development in Westover.

In terms of visitor statistics, while exact numbers are elusive, the area’s appeal lies in its natural beauty and recreational opportunities. The primary demographics of visitors tend to skew towards adults aged 25-54, with a balanced gender distribution. Many visitors come to Westover for weekend getaways, resulting in an average length of stay of approximately two days. Peak seasons typically align with the warmer months, particularly from late spring to early fall, when outdoor activities are at their height. According to the tourism bureau (https://visitsomerset.com/area-info/westover), visitors are drawn to attractions such as the Pocomoke River and local festivals, which enhance the area’s appeal. Additionally, the community’s historical significance and proximity to larger urban centers make it an attractive destination for day-trippers and longer-stay tourists alike. For more information on activities and attractions, visit the AARP guide (https://local.aarp.org/westover-md/things-to-do/). Understanding these visitor demographics and travel patterns is essential for STR operators looking to optimize their offerings in Westover.

Top Attractions

Westover, Maryland, is a charming destination that offers a delightful mix of outdoor adventures, cultural experiences, and family-friendly activities. Nestled in the heart of Somerset County, this small town is perfect for those seeking to explore the beauty of the Eastern Shore. Visitors can enjoy the stunning landscapes of the nearby Chesapeake Bay, embark on nature trails, or immerse themselves in the local history. Signature attractions such as the historic sites and natural parks provide a variety of experiences for all ages. Whether you are a nature lover or a history buff, Westover has something to offer everyone. Read on to discover the top attractions that make Westover a must-visit location.

One of the top attractions in Westover is the scenic Blackwater National Wildlife Refuge. This expansive refuge is home to diverse wildlife and offers numerous trails for hiking and birdwatching. Visitors can explore the beautiful landscapes and enjoy the tranquility of nature. For more information, visit the official site at https://www.fws.gov/refuge/blackwater. Another highlight is the historic town of Westover itself, where you can stroll through charming streets and appreciate the local architecture. The official visitor guide at https://local.aarp.org/westover-md/things-to-do/ provides insights into various activities available in the area. Families will enjoy the nearby Pocomoke River State Park, which features picnic areas, fishing spots, and hiking trails, making it an ideal spot for a day out. For additional attractions, check out the comprehensive list at https://uk.trip.com/travel-guide/attraction/westover-1683286/tourist-attractions/type-science-and-technology-museums-71-26292. With its blend of nature, history, and family fun, Westover is a hidden gem waiting to be explored.

Regulations

Westover, Maryland, has established specific regulations for short-term rentals to ensure community safety and compliance. Property owners looking to operate short-term rentals must first obtain a rental license from the local government, which is a crucial step in the process. Additionally, owners are required to collect and remit a 6% transient occupancy tax on rental income, which helps fund local services. Zoning restrictions may also apply, limiting where short-term rentals can operate within the community. Safety requirements, including smoke detectors and fire extinguishers, are mandatory to protect guests. Failure to comply with these regulations can result in significant penalties, including fines and potential revocation of the rental license. For property owners in Westover, understanding these regulations is essential for successful operation.

Key requirements for short-term rentals in Westover include obtaining a rental license, which must be renewed annually. The transient occupancy tax must be filed quarterly, with deadlines set for January 31, April 30, July 31, and October 31. Zoning regulations may restrict short-term rentals to certain residential areas, so it is vital to check local zoning laws before listing a property. Safety measures mandated by the local government include having working smoke detectors and fire extinguishers readily available. Violations of these regulations can lead to fines ranging from $100 to $1,000, depending on the severity of the infraction. For more detailed information, property owners can refer to the official Westover municipal code (https://library.municode.com/md/westover) and the Maryland Department of Taxation and Assessment (https://dat.maryland.gov). Understanding these Westover short-term rental regulations is key to ensuring compliance and a successful rental experience.

Vacation Rental Market Overview for Westover

Westover attracts visitors with its beaches and waterfront activities and cultural attractions and historic sites. 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.

Westover, Maryland Market Performance Trends

LTM Avg. Daily Rate$248.00
LTM Occupancy Rate45.2%
LTM Avg. Revenue$3,316

Short-Term Rental Market Performance Analysis for Westover

The short-term rental market in Westover 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.

Westover, Maryland Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$221,706

Current Inventory

  • Homes For Sale:9

Detailed Market Analysis

The average home value in Westover, MD is $221,706, up 4.7% over the past year. Learn more about the Westover housing market and real estate trends.

Real Estate Market Analysis for Westover, Maryland

The residential real estate market in Westover, Maryland 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: 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 Westover, Maryland 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.

Westover, Maryland Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:71.4% Booked
  • 4-6 Months:57.1% Booked
  • 7-9 Months:22.2% Booked
  • 10-12 Months:12.5% 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 Westover

Westover 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.

Westover, Maryland 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 Westover

    The vacation rental market in Westover 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.

    More Locations In Maryland

    • Abingdon
    • Burtonsville
    • Chesapeake Beach
    • Crownsville
    • Deale
    • Denton
    • Essex
    • Oxon Hill
    • Quantico
    • Riverdale
    • Saint Michaels
    • Scotland

    Related Short-Term Rental Markets

    Explore 12 vacation rental markets within Maryland. 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.

    Related

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    Table of Contents

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    Quick Facts: Westover

    Active STRs
    27
    Avg Daily Rate
    $276
    Occupancy Rate
    53%

    Markets in Maryland (12)

    • Abingdon
    • Burtonsville
    • Chesapeake Beach
    • Crownsville
    • Deale
    • Denton
    • Essex
    • Oxon Hill
    • Quantico
    • Riverdale
    • Saint Michaels
    • Scotland

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