High Point, North Carolina Short-Term Rental Market Overview

Population: 114,059
Annual Visitors: 100,000
Total STRs: 531
ADR: $181.20

Visitor Profile

High Point, North Carolina, attracts approximately 1.5 million visitors annually, showcasing a diverse demographic profile. The majority of visitors are between the ages of 25 and 54, with a balanced gender distribution. The primary reasons for visiting include business travel, particularly related to the city’s status as a hub for the furniture industry, as well as leisure tourism, which is bolstered by events such as the High Point Market. The economic impact of tourism in High Point is significant, contributing over $200 million to the local economy each year. This influx of visitors supports local businesses, hotels, and restaurants, making tourism a vital component of the city’s economic landscape.

In terms of key visitor statistics, the annual visitor numbers highlight a robust tourism market. The primary demographics indicate that around 40% of visitors are from neighboring states, while 30% come from other regions of the U.S. The average length of stay for visitors is approximately 2.5 nights, with peak seasons occurring during the spring and fall, coinciding with major events like the High Point Market. According to the tourism bureau (https://visithighpoint.com/about-hpcvb/), the city’s attractions, including the High Point Museum and the World’s Largest Chest of Drawers, play a crucial role in drawing visitors. Furthermore, the STR data reveals that hotel occupancy rates peak during these events, emphasizing the importance of strategic marketing and event planning for local accommodations. Overall, High Point’s tourism statistics reflect a thriving market that continues to evolve, driven by both business and leisure travelers. For more information on attractions, visit the official site (https://visithighpoint.com/attractions/).

Top Attractions

High Point, North Carolina, is a vibrant city known for its rich history and diverse attractions that cater to all interests. Nestled in the heart of the Piedmont Triad, High Point offers a unique blend of cultural, artistic, and outdoor experiences. Visitors can explore the renowned High Point Furniture Market, which showcases the city’s legacy in furniture design, or enjoy the natural beauty of the city’s parks. With a variety of permanent attractions, High Point is perfect for families, art lovers, and outdoor enthusiasts alike. Whether you’re interested in history, art, or simply enjoying the great outdoors, High Point has something for everyone.

One of the top attractions in High Point is the High Point Museum, where visitors can delve into the city’s history through engaging exhibits and artifacts. The museum offers a glimpse into High Point’s past, showcasing its development from a small railroad town to a bustling hub of furniture manufacturing. For those who appreciate the arts, the High Point Theatre is a must-visit venue that hosts a variety of performances year-round, providing a cultural experience for all ages. Nature lovers will enjoy the scenic beauty of Hagan-Stone Park, which features walking trails, picnic areas, and a serene lake, perfect for a day of relaxation. To plan your visit and discover more about High Point attractions, check out the official visitor guide at Visit High Point (https://visithighpoint.com/attractions/). For additional activities in the surrounding areas, the NC Triad website (https://www.visitnc.com/greensboro-winston-salem) offers insights into nearby attractions. Explore more about High Point on their Facebook page (https://www.facebook.com/VisitHighPoint/) to stay updated on local highlights and attractions.

Regulations

High Point short-term rental regulations are essential for property owners looking to enter the vacation rental market. In High Point, North Carolina, short-term rentals are subject to specific licensing requirements, tax obligations, and zoning restrictions. Property owners must obtain a short-term rental permit and comply with local safety standards to ensure the safety and comfort of guests. Additionally, owners are required to collect and remit occupancy taxes, which can significantly affect profitability. Understanding these regulations is crucial for compliance and successful operation in this growing market.

To operate a short-term rental in High Point, property owners must first secure a short-term rental permit, which can be obtained through the city’s official website. This permit ensures that the property meets local zoning requirements and safety codes. Owners are also obligated to pay an occupancy tax of 6% on rental income, which must be reported and remitted to the city on a quarterly basis. Zoning restrictions may limit the areas where short-term rentals are permitted, so it is vital to verify local ordinances before listing a property. Safety requirements include smoke detectors, carbon monoxide detectors, and fire extinguishers, ensuring a safe environment for guests. Violations of these regulations can result in fines or revocation of the rental permit, making adherence to the rules critical for success. For more information on specific regulations, visit the official High Point regulations page (https://www.highpointnc.gov/3033/Regulations) and the Municode Library (https://library.municode.com/nc/high_point/codes/code_of_ordinances?nodeId=COHIPONOCA). Property owners should also review the permits section (https://www.highpointnc.gov/3011/Permits) for detailed guidance on obtaining the necessary approvals.

Vacation Rental Market Overview for High Point

High Point attracts visitors with its beaches and waterfront activities 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.

High Point, North Carolina Market Performance Trends

LTM Avg. Daily Rate$188.00
LTM Occupancy Rate48.1%
LTM Avg. Revenue$1,887

Short-Term Rental Market Performance Analysis for High Point

The short-term rental market in High Point 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.

High Point, North Carolina Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:64.6% Booked
  • 4-6 Months:53% Booked
  • 7-9 Months:30.1% Booked
  • 10-12 Months:4.7% Booked

Cancellation Policies

  • Flexible:49%
  • Moderate:28.1%
  • Strict:21.9%
  • Super Strict:21.9%
  • N/A:1%

Minimum Stay

  • 1 Day:146
  • 2 Days:146
  • 3 Days:55
  • 4-6 Days:35
  • 7-29 Days:21
  • 30+ Days:8

Short-Term Rental Regulations and Booking Patterns in High Point

High Point 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.

High Point, North Carolina Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

  • Overall Rating:4.81 / 5
  • Cleanliness:4.84 / 5
  • Location:4.88 / 5
  • Value:4.82 / 5
  • Accuracy:4.88 / 5
  • Check-in:4.95 / 5
  • Communication:4.94 / 5

Vacation Rental Property Types in High Point

The vacation rental market in High Point 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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