Walla Walla, Washington Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 333
ADR: $317.38

Visitor Profile

Walla Walla, Washington, attracts approximately 1.5 million visitors annually, drawn primarily by its renowned wine industry and vibrant cultural scene. The visitor demographics reveal a diverse mix, with a significant portion aged between 30 and 60, predominantly couples and families seeking leisure and adventure. The primary reasons for visiting include wine tasting, outdoor activities, and attending local events such as the Walla Walla Wine Auction. The economic impact of tourism in the region is substantial, contributing over $200 million to the local economy, supporting jobs and businesses across various sectors.

In-depth visitor analysis shows that the average length of stay in Walla Walla is around 2.5 days, with peak seasons occurring during spring and fall, coinciding with the wine harvest and various festivals. According to the Walla Walla Valley Chamber of Commerce, the majority of visitors come from neighboring states, particularly Oregon and California, with a growing interest from international travelers, especially from Canada and Australia. The visitor statistics report indicates that about 60% of tourists engage in wine-related activities, while others explore local art galleries, historical sites, and outdoor adventures in the surrounding Blue Mountains. Understanding these patterns is crucial for STR operators, as they can tailor their offerings to meet the preferences of this diverse visitor base. For more detailed insights, visit the Walla Walla tourism board at https://www.wallawalla.org and explore their resources on visitor demographics and tourism statistics.

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Top Attractions

Walla Walla, Washington, is a charming city known for its rich history, vibrant arts scene, and world-class wineries, making it a top destination for travelers seeking diverse experiences. Visitors can explore the stunning landscapes of the Walla Walla Valley, indulge in wine tastings at renowned vineyards, and immerse themselves in the local culture at various museums and galleries. Signature attractions like the historic downtown area, the Walla Walla Wine Alliance, and the Fort Walla Walla Museum offer a glimpse into the city’s unique character. Whether you are a wine enthusiast, a history buff, or simply looking for a relaxing getaway, Walla Walla has something for everyone.

One of the must-visit attractions is the Fort Walla Walla Museum, which showcases the area’s military history and pioneer life through engaging exhibits and historic buildings. Visitors can stroll through the expansive grounds and learn about the region’s past. For more information, visit their official site at https://fortwallawallamuseum.org. Another highlight is the Walla Walla Wine Alliance, which promotes the local wine industry and offers resources for wine tours and tastings. Wine lovers can explore the numerous vineyards and tasting rooms that dot the landscape, making it a perfect day trip. Check out their website at https://wallawallawine.com for details. Lastly, the historic downtown area is a vibrant hub filled with boutique shops, art galleries, and restaurants, making it an ideal spot for leisurely exploration. The official visitor guide at https://visitwallawalla.com provides additional insights into attractions and activities, ensuring you make the most of your visit to this delightful city.

Regulations

Walla Walla, Washington, has established specific regulations governing short-term rentals to ensure community safety and compliance with local laws. Property owners interested in renting out their homes on a short-term basis must obtain a short-term rental permit from the city. This process includes submitting an application, paying a fee, and adhering to zoning regulations that dictate where short-term rentals can operate. Additionally, hosts are required to collect and remit a lodging tax, which is currently set at 8.5%. Understanding these regulations is crucial for property owners to avoid penalties and ensure a successful rental experience. For more detailed information, continue reading about the key requirements and obligations for short-term rentals in Walla Walla.

To legally operate a short-term rental in Walla Walla, property owners must first secure a short-term rental permit, which involves an application process that includes a fee and proof of compliance with local zoning laws. The city enforces specific zoning restrictions, meaning not all properties may qualify for short-term rental use. Safety requirements are also in place, including smoke detectors and carbon monoxide alarms, to protect guests. Failure to comply with these regulations can result in penalties, including fines or revocation of the rental permit. For more information on the application process and regulations, visit the City of Walla Walla’s official page on short-term rentals at https://www.wallawallawa.gov/government/departments/planning/short-term-rentals. Additionally, the municipal code provides comprehensive details on compliance requirements at https://www.codepublishing.com/WA/WallaWalla/.

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Vacation Rental Market Overview for Walla Walla

Walla Walla attracts visitors with its cultural attractions and historic sites and outdoor recreation and natural beauty. 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.

Walla Walla, Washington Market Performance Trends

LTM Avg. Daily Rate$274.00
LTM Occupancy Rate48.4%
LTM Avg. Revenue$3,356

Short-Term Rental Market Performance Analysis for Walla Walla

The short-term rental market in Walla Walla 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.

Walla Walla, Washington Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$412,142
  • Median Sale Price:$446,166
  • Median List Price:$549,250

Current Inventory

  • Homes For Sale:196
  • New Listings:52

Detailed Market Analysis

The average home value in Walla Walla, WA is $412,142, up 3.4% over the past year. Learn more about the Walla Walla housing market and real estate trends.

Real Estate Market Analysis for Walla Walla, Washington

The residential real estate market in Walla Walla, Washington 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: growing population trends, economic development, and lifestyle amenities These factors contribute to the overall market performance and future growth potential.

Real estate investments in Walla Walla, Washington 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.

Walla Walla, Washington Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:70.1% Booked
  • 4-6 Months:75.8% Booked
  • 7-9 Months:35.9% Booked
  • 10-12 Months:0.7% 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 Walla Walla

Walla Walla 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.

Walla Walla, Washington 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 Walla Walla

    The vacation rental market in Walla Walla 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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