Buford, Georgia Short-Term Rental Market Overview
Visitor Profile
Buford, Georgia, attracts approximately 1.5 million visitors annually, making it a notable destination in the Atlanta metropolitan area. The visitor demographics reveal a diverse mix, with a significant portion being families and young professionals aged 25-44. Many visitors come to Buford for recreational activities, shopping at the Mall of Georgia, and enjoying local attractions such as Lake Lanier. The economic impact of tourism in Buford is substantial, contributing millions to the local economy and supporting numerous jobs in hospitality and retail sectors. The city’s strategic location near major highways enhances its accessibility, making it a convenient stop for travelers.
In-depth visitor analysis indicates that the primary demographics of Buford’s tourists include families, couples, and groups of friends, with a notable percentage (around 60%) traveling for leisure purposes. The average length of stay is approximately two to three days, with peak seasons occurring during the summer months and around holidays, when families are more likely to vacation. According to the Forsyth Convention & Visitors Bureau, visitors are drawn to Buford for its outdoor activities, shopping experiences, and cultural events, which cater to a variety of interests. The city also sees a significant influx of visitors during local festivals and events, which further boosts tourism. STR data shows that hotel occupancy rates in Buford often peak during these busy seasons, reflecting the area’s growing appeal. For more information on Buford tourism statistics and visitor demographics, you can refer to the Buford, Georgia Wikipedia page (https://en.wikipedia.org/wiki/Buford,_Georgia) and the Forsyth Convention & Visitors Bureau (https://www.mapquest.com/us/georgia/forsyth-convention-visitors-bureau-373943549).
Top Attractions
Buford, Georgia, is a charming city that offers a delightful mix of attractions perfect for visitors of all ages. Nestled in the heart of Gwinnett County, Buford is renowned for its vibrant community and scenic landscapes. Among its signature attractions are the expansive Lake Lanier and the bustling Mall of Georgia, which together provide a variety of experiences ranging from outdoor recreation to shopping and dining. Whether you’re looking to enjoy a peaceful day by the water or indulge in some retail therapy, Buford has something for everyone. Read on to discover the top attractions that make Buford a must-visit destination.
One of the standout attractions in Buford is Lake Lanier, a stunning reservoir that spans over 38,000 acres. This picturesque lake offers a wealth of outdoor activities, including boating, fishing, and hiking along its scenic trails. Visitors can explore the lake’s many parks, such as the popular Lanier Islands, which features beaches, water parks, and picnic areas. For more information, visit the official Lake Lanier website.
Another highlight is the Mall of Georgia, the largest shopping mall in the state. With over 200 stores, a variety of dining options, and entertainment venues, this mall is a shopper’s paradise. Families can enjoy attractions like the AMC Theatre and a mini-golf course, making it a perfect spot for a fun day out. To learn more, check out the Mall of Georgia’s official website.
For those interested in local culture, the Buford Community Center offers a range of events and performances throughout the year. This facility is home to the Buford Theatre and hosts art exhibits, concerts, and community gatherings. Discover more about upcoming events and programs by visiting the Buford Community Center’s website. With its diverse attractions, Buford is a fantastic destination for anyone looking to explore the best of Georgia.
Regulations
Buford, Georgia, has established specific regulations for short-term rentals to ensure safety, compliance, and community standards. Property owners interested in renting their homes on platforms like Airbnb or Vrbo must navigate a series of requirements that include obtaining a business license, adhering to zoning laws, and fulfilling tax obligations. The city mandates that all short-term rental operators register their properties and pay a 7% hotel/motel tax on rental income. Additionally, safety inspections may be required to ensure that properties meet local building codes. Understanding these regulations is crucial for property owners to avoid penalties and operate legally within Buford.
To operate a short-term rental in Buford, owners must first obtain a business license from the city. This process typically involves submitting an application and paying a fee. Zoning restrictions are also in place, which may limit where short-term rentals can be located. Owners must ensure their properties comply with the city’s zoning ordinances, which can be found in the Buford Code of Ordinances (https://library.municode.com/ga/buford/codes/code_of_ordinances?nodeId=THCOBUGE). Additionally, property owners are responsible for collecting and remitting the 7% hotel/motel tax on rental income, with deadlines for payment outlined by the city. Failure to comply with these regulations can result in fines or other penalties. For more detailed information on Buford’s regulations, refer to the Buford City Comprehensive Plan (https://dca.georgia.gov/buford-city-comprehensive-plan-0). Understanding and adhering to these Buford short-term rental regulations is essential for a successful rental experience.
Vacation Rental Market Overview for Buford
Buford attracts visitors with its outdoor recreation and natural beauty 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.
Buford, Georgia Market Performance Trends
Short-Term Rental Market Performance Analysis for Buford
The short-term rental market in Buford 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.
Buford, Georgia Housing Market Data
Home Value Trends
Market Overview
- Typical Home Value:$463,713
- Median Sale Price:$467,671
- Median List Price:$506,600
Current Inventory
- Homes For Sale:394
- New Listings:77
Detailed Market Analysis
Real Estate Market Analysis for Buford, Georgia
The residential real estate market in Buford, Georgia presents unique opportunities for investors and homebuyers alike. Current market dynamics show steady growth patterns in an established market with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.
Key Market Factors
Important considerations for this market include: proximity to major employment centers, quality school districts, and developing infrastructure These factors contribute to the overall market performance and future growth potential.
Real estate investments in Buford, Georgia 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.
Buford, Georgia Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:60.4% Booked
- 4-6 Months:50.8% Booked
- 7-9 Months:46.1% Booked
- 10-12 Months:4.8% 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 Buford
Buford 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.
Buford, Georgia Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Buford
The vacation rental market in Buford 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.
More Locations In Georgia
- Acworth
- Adairsville
- Alpharetta
- Alto
- Athens
- Atlanta
- Augusta
- Austell
- Ball Ground
- Baxley
- Bishop
- Blairsville
- Blue Ridge
- Brooklet
- Brunswick
- Byron
- Calhoun
- Canton