Centreville, Maryland Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 20
ADR: $333.31

Visitor Profile

Centreville, Maryland, is a charming small town that attracts a diverse array of visitors each year. Although exact annual visitor numbers are not readily available, the town’s strategic location in Queen Anne’s County makes it a popular destination for both leisure and business travelers. Key demographic highlights indicate that visitors primarily consist of families, couples, and outdoor enthusiasts, with a significant portion coming from nearby metropolitan areas. The main purposes for visiting include exploring historical sites, enjoying outdoor recreational activities, and participating in local events. The economic impact of tourism in Centreville is notable, contributing to local businesses and the hospitality sector, which supports a vibrant community.

In terms of visitor statistics, Centreville sees a fluctuating number of tourists, particularly during peak seasons like spring and fall when outdoor activities are at their best. The average length of stay for visitors is typically around two to three days, allowing ample time to explore the local attractions. Primary demographics show that visitors are predominantly aged 25-54, with a balanced mix of genders. Families often seek out the town’s parks and historical sites, while couples may be drawn to the quaint downtown area and local dining options. According to the Centreville tourism bureau (https://mainstreetmaryland.org/visit/centreville/), the town’s appeal lies in its rich history and natural beauty, making it a desirable getaway for those looking to escape the hustle and bustle of city life. For more information on the town’s history and visitor offerings, refer to the official sources like the Maryland State Archives (https://msa.maryland.gov/msa/mdmanual/37mun/centre/html/c.html) and Wikipedia (https://en.wikipedia.org/wiki/Centreville,_Maryland).

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Top Attractions

Centreville, Maryland, is a charming town that offers a delightful mix of history, culture, and outdoor activities, making it an ideal destination for visitors seeking a variety of experiences. Nestled on the Eastern Shore, Centreville is home to several signature attractions that showcase its rich heritage and natural beauty. Whether you’re exploring the scenic landscapes or delving into the local history, you’ll find plenty of Centreville attractions to keep you engaged. From the picturesque parks to the fascinating museums, there’s something for everyone in this quaint town. Read on to discover the top things to do in Centreville.

One of the must-visit spots is the Centreville Historic District, where you can stroll along charming streets lined with beautifully preserved 18th and 19th-century buildings. This area offers a glimpse into the town’s past and is perfect for history enthusiasts. For those who enjoy the outdoors, the nearby Corsica River is ideal for kayaking and fishing, providing a serene escape into nature. The river’s scenic views are perfect for a peaceful day out. Families will appreciate the Queen Anne’s County Arts Council, which hosts various art exhibits and workshops throughout the year, fostering creativity and community engagement. For more information on attractions, visit the official visitor guide at https://mainstreetmaryland.org/visit/centreville/ or explore additional activities at https://local.aarp.org/centreville-md/things-to-do/. With its blend of historical charm and outdoor adventure, Centreville is a hidden gem waiting to be explored.

Regulations

Centreville, Maryland, has specific regulations governing short-term rentals that property owners must understand to ensure compliance. The town requires a rental license for all short-term rental properties, which involves submitting an application and paying a fee. Owners must also collect and remit a 6% Maryland sales tax on rental income, along with any applicable local taxes. Zoning restrictions may apply, limiting where short-term rentals can operate, and properties must meet certain safety standards to protect guests. Understanding these regulations is crucial for property owners looking to rent their homes on platforms like Airbnb or Vrbo. For a complete overview of the requirements and to avoid potential penalties, read on.

To operate a short-term rental in Centreville, owners must first obtain a rental license from the local government. This process typically includes submitting an application that details the property and its intended use. The Maryland sales tax rate of 6% applies to all short-term rental income, and property owners must ensure they are compliant with tax remittance deadlines. Zoning laws may restrict short-term rentals in certain residential areas, so it is essential to verify the zoning classification of your property. Additionally, safety requirements, such as smoke detectors and fire extinguishers, must be met to ensure guest safety. Violations of these regulations can result in fines or revocation of the rental license. For more information, visit the official Centreville page at https://msa.maryland.gov/msa/mdmanual/37mun/centre/html/c.html or the Maryland Manual at https://2017mdmanual.msa.maryland.gov/msa/mdmanual/37mun/centre/html/c.html.

Vacation Rental Market Overview for Centreville

Centreville attracts visitors with its outdoor recreation and natural beauty 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.

Centreville, Maryland Market Performance Trends

LTM Avg. Daily Rate$293.00
LTM Occupancy Rate58.1%
LTM Avg. Revenue$4,218

Short-Term Rental Market Performance Analysis for Centreville

The short-term rental market in Centreville 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.

Centreville, Maryland Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$521,967
  • Median List Price:$549,000

Current Inventory

  • Homes For Sale:44
  • New Listings:14

Detailed Market Analysis

The average home value in Centreville, MD is $521,968, up 3.2% over the past year. Learn more about the Centreville housing market and real estate trends.

Real Estate Market Analysis for Centreville, Maryland

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

Centreville, Maryland Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:66.7% Booked
  • 4-6 Months:80% Booked
  • 7-9 Months:50% 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 Centreville

Centreville 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.

Centreville, 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 Centreville

    The vacation rental market in Centreville 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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