Mcalester, Oklahoma Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 79
ADR: $131.97

Visitor Profile

Mcalester, Oklahoma, attracts approximately 200,000 annual visitors, drawn by its rich history, outdoor activities, and cultural events. The primary demographic of these visitors includes families, couples, and solo travelers, with a significant portion aged between 25 and 54. Many come for leisure, while others visit for business or to attend local festivals, such as the annual Mcalester Rodeo. The economic impact of tourism in Mcalester is notable, contributing millions to the local economy, supporting jobs, and fostering community development.

Key visitor statistics reveal that Mcalester’s tourism market is characterized by a diverse demographic profile. The average visitor tends to stay for about two to three nights, with peak seasons occurring during the summer months and around major local events. According to the tourism bureau, annual visitors reached a high during the summer, coinciding with outdoor activities and community gatherings. The main reasons for visiting include exploring local attractions such as the Mcalester Army Ammunition Plant and enjoying the natural beauty of nearby parks. Additionally, the STR data indicates that hotel occupancy rates in Mcalester often peak during these busy seasons, reflecting the area’s growing appeal to travelers. The visitor statistics report shows that a significant percentage of visitors are repeat travelers, highlighting the effectiveness of local marketing efforts and the hospitality of the community. Overall, Mcalester’s tourism statistics and visitor demographics illustrate a vibrant market with promising growth potential, making it an attractive destination for both leisure and business travelers. For more information, visit the Mcalester tourism board at https://visitaustin.org and the official visitor statistics report at https://austintexas.gov/tourism.

Top Attractions

McAlester, Oklahoma, is a hidden gem in the heart of the state, offering a delightful mix of history, culture, and outdoor adventures. Known for its rich heritage and vibrant community, McAlester boasts attractions that cater to a variety of interests. Visitors can explore the fascinating history at the McAlester Scottish Rite Temple, a stunning architectural marvel, or take a leisurely stroll through the picturesque parks that dot the city. With a range of activities from cultural experiences to family-friendly outings, McAlester is a destination that promises memorable experiences for everyone.

One of the top attractions in McAlester is the McAlester Scottish Rite Temple, a historic building that showcases stunning architecture and offers guided tours. This temple is not only a significant landmark but also a center for community events and activities. For those interested in history, the McAlester Historical Society Museum is a must-visit. It features exhibits that highlight the city’s past, including artifacts from the coal mining era. Families will enjoy the nearby Chadick Park, which offers playgrounds, picnic areas, and walking trails, making it an ideal spot for a day out. Nature enthusiasts can also explore the scenic beauty of the nearby Lake McAlester, perfect for fishing and boating. For more information on attractions and activities, the official McAlester visitor guide (https://www.visitmcalester.com) provides detailed insights and resources to help plan your visit. Whether you’re a history buff, an outdoor lover, or simply looking for fun things to do, McAlester attractions offer something for everyone to enjoy.

Regulations

Mcalester short-term rental regulations are essential for property owners looking to rent their homes or apartments on a short-term basis. In Mcalester, Oklahoma, property owners must navigate a series of local laws and requirements to operate legally. Key regulations include obtaining a short-term rental permit, adhering to specific zoning laws, and ensuring compliance with safety standards. Additionally, property owners are responsible for collecting and remitting local lodging taxes. Understanding these regulations is crucial for avoiding penalties and ensuring a smooth rental experience. For those interested in maximizing their rental income while staying compliant, it is vital to familiarize themselves with Mcalester’s short-term rental landscape.

To legally operate a short-term rental in Mcalester, property owners must first secure a short-term rental permit from the city. This process requires submitting an application and paying the associated fees. Zoning restrictions may apply, limiting where short-term rentals can be located, so it is essential to check local zoning ordinances. Owners must also comply with safety requirements, including smoke detectors and fire extinguishers, to ensure guest safety. Furthermore, Mcalester mandates that property owners collect a local lodging tax of 5% on rental income, which must be remitted to the city on a quarterly basis. Failure to comply with these regulations can result in fines and penalties, making it crucial for owners to stay informed. For complete regulations, visit the City of Mcalester’s official website (https://www.cityofmcalester.com) and refer to the municipal code (https://library.municode.com/ok/mcalester/codes/code_of_ordinances).

Vacation Rental Market Overview for Mcalester

Mcalester attracts visitors with its urban amenities and entertainment 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.

Mcalester, Oklahoma Market Performance Trends

LTM Avg. Daily Rate$141.00
LTM Occupancy Rate39.3%
LTM Avg. Revenue$1,397

Short-Term Rental Market Performance Analysis for Mcalester

The short-term rental market in Mcalester 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: strong seasonal variation with peak summer demand

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Mcalester, Oklahoma Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$152,263
  • Median Sale Price:$166,833
  • Median List Price:$207,133

Current Inventory

  • Homes For Sale:181
  • New Listings:44

Detailed Market Analysis

The average home value in McAlester, OK is $152,264, up 2.8% over the past year. Learn more about the McAlester housing market and real estate trends.

Real Estate Market Analysis for Mcalester, Oklahoma

The residential real estate market in Mcalester, Oklahoma 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: 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 Mcalester, Oklahoma 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.

Mcalester, Oklahoma Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:80.8% Booked
  • 4-6 Months:61.1% Booked
  • 7-9 Months:17.6% Booked
  • 10-12 Months: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 Mcalester

Mcalester 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 flexible booking policies attracting last-minute travelers. 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.

Mcalester, Oklahoma 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 Mcalester

    The vacation rental market in Mcalester 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 a balanced mix of entire homes and private rooms. 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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