25 best places to buy a vacation home

headshot of writer Tony Huynh
Tony Huynh
August 1, 2024
A luxury vacation home at night.
  • Share:
Wondering about the best place to buy a vacation home? We’ve analyzed destinations based on factors like safety, walkability and weather to deliver 25 great places to buy a vacation home.Let’s dive into the top 10, plus we’ll share how to enjoy a luxurious vacation home without the hassles of solo ownership.
DestinationSafety scoreWalkability scoreCap rateMedian home priceComfort index
Hudson, New York1677.74450,0009.1
Portsmouth, New Hampshire2787.1824,0009.2
Sandusky, Ohio23710.5155,0009.1
San Diego, California2519.22914,8099.6
Cape Cod, Massachusetts33710.88641,0009.1
Harbor Springs, Michigan42911525,3009.2
Wisconsin Dells, Wisconsin2356.6224,9509.1
Healdsburg, California3656.41,158,0008.3
Ocean City, Maryland1407.39439,4387.4
Bend, Oregon3367.54789,0009
A map of the 25 best places to buy a vacation home.

1. Hudson, New York

Hudson, located in the Hudson Valley, offers a charming escape brimming with history and artistry. Rolling hills surround the town, providing a picturesque natural backdrop and making it a wonderful place for a second home.
A photo of Hudson, New York, one of the best places to buy a vacation home.
Beyond its natural beauty, Hudson boasts a rich history and an eclectic arts scene. Explore the historic architecture of Warren Street, a charming main street lined with 18th and 19th-century buildings. Visit Olana State Historic Site, the home and studio of famed landscape painter Frederic Edwin Church. Art galleries showcase the works of local and regional artists, while music venues and theaters host a variety of performances. Foodies will delight in the farm-to-table cuisine offered by the many restaurants that showcase fresh, seasonal ingredients from the surrounding Hudson Valley.Speaking of seasons, Hudson's high comfort index of 9.1 suggests a pleasant climate with mild temperatures that most people will find enjoyable year-round.Safety score: 1Walkability score: 67Cap rate: 7.74Median home sale price: $450,000Comfort index: 9.1

2. Portsmouth, New Hampshire

Portsmouth is a gem for those seeking to buy a vacation home in a community that offers a delightful blend of historic charm and waterfront attractions. Portsmouth is nestled along the Piscataqua River and boasts a walkable downtown packed with brick buildings and cobblestone streets. History buffs will love exploring the waterfront, which significantly shaped the town's shipbuilding heritage.
A photo of ​​Portsmouth, New Hampshire, one of the best places to buy a vacation home.
Beyond its rich past, Portsmouth is a vacation destination for all seasons. Summer brings the Prescott Park Arts Festival, a gathering of theater, music and dance enthusiasts. Take a bike ride along the Portsmouth Harbor Trail or a boat tour to spot whales and soak in the stunning coastal views. The peak tourist season falls between June and October, so if you prefer a quieter experience, consider spring vacationing.This city has a 9.2 comfort index similar to that of nearby Hudson, New York. The safety score of 2 indicates that Portsmouth may be a safer — although more expensive — vacation home destination. Safety score: 2Walkability score: 78Cap rate: 7.1Median home sale price: $824,000Comfort index: 9.2

3. Sandusky, Ohio

Located on one of the Great Lakes, Sandusky is a great destination for water enthusiasts. Multiple water parks options cater to all preferences. Kalahari Resorts boasts an expansive indoor water park complex, ideal for year-round enjoyment. For those seeking a more natural aquatic experience, Lake Erie's shores beckon with pristine beaches, perfect for swimming and sunbathing. 
A photo of Sandusky, Ohio, one of the best places to buy a vacation home.
Sandusky has a bustling tourist season, so consider the type of vacation home experience you desire. If you plan on using your vacation home frequently throughout the year, look for a property with easy access to non-seasonal attractions like museums or historic sites. This way, you can enjoy the town's offerings even during the quieter off-season months. A 37 walkability score means you’ll need a car to explore all Sandusky offers. Safety score: 2Walkability score: 37Cap rate: 10.5Median home sale price: $155,000Comfort index: 9.1

4. San Diego, California

San Diego basks in sunshine, making it ideal for those who crave a warm-weather escape. This coastal city offers a plethora of outdoor activities and stunning beaches amidst a relaxed Southern California vibe. Nature lovers will find endless opportunities to explore. Hike and bike the scenic trails of Torrey Pines State Natural Reserve, kayak in the calm waters of Mission Bay, or go whale watching off the coast. 
A photo of San Diego, California, one of the best places to buy a vacation home.
When considering a vacation home in San Diego, remember that neighborhoods offer distinct experiences. La Jolla boasts luxurious beachfront living, while Pacific Beach provides a lively atmosphere close to the beach. Mission Beach offers a classic boardwalk experience, and Coronado Island delivers a charming island getaway. Don’t let the median home sale price scare you. A 9.22 cap rate in San Diego indicates that those looking to purchase real estate are likely to gain a good amount of equity in Southern California.Safety score: 2Walkability score: 51Cap rate: 9.22Median home sale price: $914,809Comfort index: 9.6

5. Cape Cod, Massachusetts

Cape Cod beckons with its iconic lighthouses, villages and beaches. This enchanting peninsula provides an environment for relaxation and exploration, making it a perfect vacation home destination. Spend your days sunbathing or indulging in watersports along the endless coastline. Explore quaint villages brimming with art galleries and fresh seafood shacks.
A photo of Cape Cod, Massachusetts, one of the best places to buy a vacation home.
Summer is peak season, bustling with activity and offering the warmest weather. Shoulder seasons provide comfortable temperatures and fewer crowds. Choose a village close to the beach if you crave a vibrant summer atmosphere. If tranquility is your priority, consider a more secluded spot.Cape Cod's safety score and comfort index tell us that it is a great place to bring the kids as the seasons change.Safety score: 3Walkability score: 37Cap rate: 10.88Median home sale price: $641,000Comfort index: 9.1

6. Harbor Springs, Michigan

On the shore of Lake Michigan, Harbor Springs offers an escape that transforms throughout the year. Fall ignites the landscape with stunning foliage that’s perfect for hikes on trails like the Bluffton Headlands Hiking Trail. 
A photo of ​​Harbor Springs, Michigan, one of the best places to buy a vacation home.
When considering a vacation home in Harbor Springs, remember that the town offers a variety of settings. The core village, centered around Main Street, bustles with shops and restaurants, while the surrounding areas, like Wequetonsing and Bay Harbor, provide a more secluded atmosphere. Lakefront property on Little Traverse Bay offers stunning views and water access, while tucked-away cabins near Hidden Lake offer peaceful retreats. With the highest safety score possible, Harbor Springs is a prime destination for solo travelers and families. Safety score: 4Walkability score: 29Cap rate: 11Median home sale price: $525,300Comfort index: 9.2

7. Wisconsin Dells, Wisconsin

Wisconsin Dells, also known as the "Waterpark Capital of the World," is a Midwest vacation spot for families seeking excitement and adventure. Beyond the world-famous waterparks, the Dells offers an appealing blend of natural wonders and family-friendly activities. Thrill-seekers of all ages will find endless fun at iconic waterparks like Noah's Ark Water Park and Mt. Olympus Water & Theme Park
A photo of Wisconsin Dells, Wisconsin, one of the best places to buy a vacation home.
Take a break from water slides to explore the Dells' breathtaking natural beauty. Kayak or canoe down the Wisconsin River, spelunk in scenic caves or hike through towering sandstone cliffs at Devil's Lake State ParkThe Dells also boasts a bustling downtown with shops, restaurants and family-friendly entertainment options like Ripley's Believe It or Not Museum. Since the safety and walkability scores are lower, consider securing a vehicle to explore the "Waterpark Capital of the World."Safety score: 2Walkability score: 35Cap rate: 6.6Median home sale price: $224,950Comfort index: 9.1

8. Healdsburg, California

Healdsburg offers a compelling blend of sophistication, world-class wineries and outdoor adventure — making it a romantic destination for wine lovers seeking a California retreat. Located in the middle of Sonoma County, Healdsburg boasts a downtown square lined with art galleries, upscale boutiques and restaurants showcasing farm-to-table cuisine.
A photo of Healdsburg, California, one of the best places to buy a vacation home.
Explore rolling vineyards by bike, indulge in wine tastings at boutique wineries, or take a hot air balloon ride for breathtaking aerial views. The area also boasts plenty of non-wine-related activities. Foodies will delight in Michelin Star restaurants and innovative cafes, while outdoor enthusiasts can embark on hikes through Alexander Valley or kayak down the Russian River.A high comfort index lets you know that you can enjoy plenty of days outdoors if you buy a vacation home here. A higher safety score also indicates this is a family-friendly destination in the heart of Wine Country.Safety score: 3Walkability score: 65Cap rate: 6.4Median home sale price: $1,158,000Comfort index: 8.3

9. Ocean City, Maryland

Ocean City is an attractive vacation home destination with its vibrant three-mile boardwalk and a family-friendly atmosphere. Beyond the iconic boardwalk with its amusement rides, arcades and delicious treats, Ocean City offers a variety of things to do. Thrill-seekers can tackle the waves at Assateague State Park, while fishing enthusiasts can cast a line at the Ocean City Fishing Center
A photo of Ocean City, Maryland, one of the best places to buy a vacation home.
Nature lovers can explore the nearby Assateague Island National Seashore, a haven for wild horses and diverse wildlife. While summers are the busiest season, spring and fall offer comfortable weather and fewer crowds, making them ideal for shoulder-season getaways.Although it has a lower safety score, the relatively high comfort index indicates that Ocean City is a good place to own an off-season beach house for those looking to be further away from the boardwalk.Safety score: 1Walkability score: 40Cap rate: 7.39Median home sale price: $439,438Comfort index: 7.4

10. Bend, Oregon

Bend is an outdoor paradise offering a great blend of adventure, craft beer culture and stunning natural beauty. Outdoor enthusiasts seeking more active vacations will love this vacation home destination. Surrounded by towering ponderosa pines and majestic mountains, Bend caters to all seasons. Hike or bike well-marked trails, explore cascading waterfalls like Deschutes Falls, or go whitewater rafting down the Deschutes River. Winter transforms Bend into a wonderland, offering opportunities for skiing and snowboarding at Mt. Bachelor. 
A photo of Bend, Oregon, one of the best places to buy a vacation home.
Bend also boasts a thriving craft beer scene, with numerous breweries offering tours and tastings. Foodies will delight in the town's innovative restaurants, many featuring locally sourced ingredients. Summer, spring and fall offer comfortable weather for exploring.With so many hikes and winter sports activities available, a car is necessary to enjoy all that Bend offers. A higher safety score means peace of mind while hitting the slopes or exploring the charming downtown.Safety score: 3Walkability score: 36Cap rate: 7.54Median home sale price: $789,000Comfort index: 9

Top 25 best places to buy a vacation home

DestinationSafety scoreWalkability scoreCap rateMedian home priceComfort index
Hudson, New York1677.74450,0009.1
Portsmouth, New Hampshire2787.1824,0009.2
Sandusky, Ohio23710.5155,0009.1
San Diego, California2519.22914,8099.6
Cape Cod, Massachusetts33710.88641,0009.1
Harbor Springs, Michigan42911525,3009.2
Wisconsin Dells, Wisconsin2356.6224,9509.1
Healdsburg, California3656.41,158,0008.3
Ocean City, Maryland1407.39439,4387.4
Bend, Oregon3367.54789,0009
Minneapolis, Minnesota1706.5343,6836.6
Rehoboth Beach, Delaware2507.54765,4207.4
Rockaway Beach, Oregon24210.11533,5006.9
Newport Beach, California1553.143,356,1909.7
Carmel-by-the-Sea, California4596.22,200,0008.3
Santa Barbara, California3614.52,195,2088.9
Asheville, North Carolina3366.77488,1177.6
Santa Cruz, California1624.51,305,0008.5
Bar Harbor, Maine3297.28770,0009.2
Santa Fe, New Mexico3406.6622,0277.5
Manchester, Vermont4497.87450,0006.3
Fort Bragg, California3336.73640,0008.9
Galveston, Texas2546.36445,3616.7
Branson, Missouri32211.8259,9947.8
Newport, Rhode Island3725.64850,0007.1

Co-own a vacation home with Pacaso

If you want to own a vacation home but are worried about the commitment and expense, Pacaso offers a revolutionary approach to second home ownership. Pacaso co-ownership allows you to own a share of a fully managed, luxurious vacation property in a coveted location.Pacaso takes care of everything: professional home design and furnishings, property management and, maintenance, and easy online scheduling. You spend your time relaxing and creating memories in your dream destination. Search for the perfect home in your ideal destination, and start spending your vacations in the place you love. 

Methodology

Here are the factors we used to analyze 100 cities and find the 25 best places to buy a vacation home.
  • Safety score: This indicates how safe the neighborhood is. A score of 4 represents a grade of A, indicating the location is as safe as it gets.
  • Walkability score: This score indicates how easy it is to get around on foot. The higher the score, the more walkable an area.
  • Cap rate: This is the potential rate of return on investment from rental income. The higher the cap rate, the higher the potential ROI.
  • Median home sale price: This is the midpoint price of homes typically sold in the area. We ranked lower home sale prices higher in favor of affordability.
Comfort index: This index considers factors like weather, humidity and allergens to gauge year-round comfort. The higher the comfort index, the more mild the temperatures are year-round.

Best place to buy a vacation home FAQ

01: Is it hard to finance a vacation home?

Financing a vacation home can be more difficult than a primary residence due to stricter down payment requirements and interest rates.

02: Should I buy or rent a vacation home?

Buying vs. renting a vacation home depends on personal use, potential rental income and long-term goals.

03: What is the best state to buy a vacation home?

There's no single "best" state, but you should consider factors like affordability, the rental market and your desired activities.

  • Share:

Featured articles

1/

Sign up

Get the latest insights and tips.