At this point, it’s common knowledge that the second-home market (and well, the housing market in general) is booming. But some of the top destinations may be surprising. Pacaso, a platform for co-ownership of second homes (who we previously teamed up with to produce a second-home trends report), recently revealed the top second-home market in each U.S. state, using second home mortgage rate lock data. (Read on for more about where mortgage rates are now.) Here’s the top five fastest-growing second home-markets, and a look at what’s for sale in them.
Franklin County, Florida
Photo: Realty.com
Landmark: Apalachicola
Average second-home price: $877,000
What’s for sale: This four-bedroom, three-bathroom home is located within walking distance to a community beach along the Apalachicola River. It boasts high ceilings, a wood-burning fireplace and a home gym area that features a steam shower, sauna and hot tub. It is listed at $989,000.
Sevier County, Tennessee
Photo: Realty.com
Landmark: Great Smoky Mountains National Park
Average second-home price: $547,000
What’s for sale:
This three-bedroom, three-bathroom, three-level luxury cabin boasts stunning mountain views from every floor. The exterior features custom-crafted wood detailing, and the interior comes equipped with a stacked stone fireplace and a game room complete with a pool table, foosball and Multicade arcade. It is listed at $1.25 million.
Trigg County, Kentucky
Photo: Zillow
Landmark: Lakes Recreational Area
Average second-home price: $409,000
What’s for sale: This two-bedroom, one-bathroom home is a fixer-upper with lots of potential. It is located on Blue Springs Bay on Lake Barkley, and comes with an assigned boat slip. A pontoon boat is also available under separate negotiation. It is listed at $125,000.
Oktibbeha County, Mississippi
Photo: Zillow
Landmark: Tombigbee National Forest
Average second-home price: $188,000
What’s for sale: This quaint and completely renovated two-bedroom, one-bathroom home is less than a 20-minute drive from Tombigbee. It features hardwood floors, an open floor plan and a large yard. It is listed at $99,000.
Hardy County, West Virginia
Photo: Realty.com
Landmark: Potomac River
Average second-home price: $281,000
What’s for sale: This five-bedroom, two bathroom home was built in 1853 and is listed on the National Register of Historic Places. Impressively, it has only had three owners in the past 168 years. It boasts a greenhouse, carriage house and large backyard. It is listed at $275,000.