Montana has seen the most growth in vacation homes over the past decade, nudging out traditional choices like Florida and California, according to a new study from IPX 1031, a 1031 exchange resource.
Since 2009, Montana has seen its number of vacation homes grow the most (by 63%), followed by Mississippi (58%), Idaho (56%), Nevada (51%), and Alaska (48%).
Overall, the number of vacation homes has risen over the past decade nationwide, increasing by 29%, according to IPX 1031. IPX 1031 analyzed the total number of vacation homes in every state and calculated the growth since 2009.
Source: “Where the Vacation Home Market Has Grown the Most,” IPX 1031 (August 2019)
