Only 1.8% of Tennessee Homes Are Vacation Homes, 11th Lowest Percentage in the U.S.

Vacation homeownership in the U.S. peaked in 2018 at 5.47 million homes (4.0% of housing) but declined to 4.74 million (3.3%) by 2024 due to higher costs and changing work patterns. Timeshares have higher occupancy (79.9%) than hotels (62.3%), efficiently meeting vacation demand. Florida has the most vacation homes, while Maine and Vermont have the highest concentration. Tennessee has 1.8% vacation homes, below the national average.