Market report

Boone, NC short-term rental market report (2026)

Watauga County, North Carolina. Rules, revenue, home values, demand, climate, reach and risk, each figure with its source.

43/100 Opportunity Score partial
  • RulesStrict (4/5)
  • 4-BR typical value$753K
  • FEMA riskRelatively Low
  • Demand drivers within 50 mi3
  • People within 300 mi49.0 million
  • ClimateFour-season
Data as of September 21, 2026 County figures: Watauga County

Everything STR HUB holds on Boone, NC in one place, in the order an investor needs it: whether you can operate, what the numbers are, why and when people come, who can reach it, and what could go wrong.

Every figure comes from a named dataset listed under Sources and method, dated September 21, 2026. Where we do not hold a figure, that part of the report is left out rather than estimated. The Opportunity Score here is partial: it was calculated without revenue data, with the cash-flow component assumed to be below average, so it can understate the market.

Can you operate in Boone?

4/5 Strict

Boone's short-term rental rules rate 4 out of 5 (Strict), on a scale from 1 (relaxed) to 5 (very strict). This rating was derived from the regulation text we hold and has not yet been reviewed by a person (evidence confidence: high). Treat it as provisional.

What the rating rests on: Vacation rentals confined to business districts.

Rules change, and a city rating does not cover HOA or deed restrictions. Confirm current requirements with the jurisdiction before you buy or list.

Which way the rules are moving

Stable. The rules we hold report no recent or pending change.

Classified from the regulation text we publish; a direction is only kept when the sentence it rests on appears word for word in that text.

The numbers

We have not verified revenue figures for this market yet.

Home values in Watauga County

Typical 4-bedroom home
$752,734
North Carolina statewide: $486K
Typical home, all sizes
$505,994
North Carolina statewide: $335K
One-year change, all homes
+1.0%
North Carolina statewide: 0.0%

Zillow Home Value Index: county-wide typical values for Watauga County, not list prices. A specific property can sit well above or below them.

What it costs to own

Effective property tax rate
0.43%
county median taxes paid divided by median home value, owner-occupied homes
Estimated annual tax, typical 4BR
$3,244
county effective rate times the typical 4-bedroom value; not a bill
Estimated annual tax, typical home
$2,181
county effective rate times the typical home value; not a bill
Expected annual hazard loss
$117
per $100,000 of building value (FEMA, county average); not an insurance premium

Screening figures, not a bill or a quote. The tax rate is a county-wide median for owner-occupied homes (U.S. Census Bureau, ACS 2018-2022); second homes and rentals are often taxed more heavily, and a purchase usually resets the assessed value. Expected annual loss is from the FEMA National Risk Index.

Housing market momentum

Momentum
Cooling
score 42 of 100, relative to the other tracked markets

County-level, for-sale housing market: it says nothing directly about STR bookings. A relative ranking among tracked markets, not a forecast. Sources: Realtor.com Economic Research, U.S. Census Bureau, Zillow Home Value Index.

Why people come

3 demand drivers sit within 50 miles of Boone. Ordered by published attendance. Attendance appears only where a source publishes it.

Events

  • NASCAR at Bristol Motor Speedway (Food City 500 / Night Race)
    motorsport · Bristol, TN · 38 mi from Boone
    When
    Two annual weekends: spring (March/April) and late summer/fall (Aug/Sept Night Race)
    STR angle
    Two NASCAR weekends a year make Bristol, a small city, one of the most lodging-demand-concentrated motorsport markets in the country relative to its size.

Outdoor activities

  • Beech Mountain & Sugar Mountain (High Country skiing)
    skiing · Beech Mountain, NC · 11 mi from Boone
    When
    Winter ski season of roughly three months; also a cool-summer escape.
    STR angle
    The Southeast's main ski cluster pulls drive-up families from the Carolinas, Georgia and Florida. Chalets and condos with views and hot tubs also rent in summer as a cool-weather retreat.
  • Damascus ("Trail Town USA")
    hiking · Damascus, VA · 29 mi from Boone
    When
    Spring through fall; Trail Days in mid-May is the single biggest weekend.
    STR angle
    Thru-hikers, section hikers and Creeper Trail cyclists all funnel through a town of under 800 people, so beds are scarce in season. Small cabins and bunk-style houses with bike storage and laundry suit the guest mix.

When they come

Four-season climate: comfortable months are spread across the year without one dominant season. 6 of 12 months have an average high between 60°F and 88°F, and 1 month averages six inches or more of snow. Warmest month: July (average high 79°F). Coldest: January (average low 27°F).

  1. Jan42°27°ColdSnow
  2. Feb47°31°Cool
  3. Mar54°36°CoolEvent
  4. Apr60°42°CoolEvent
  5. May67°51°Comfortable
  6. Jun73°58°Comfortable
  7. Jul79°64°Comfortable
  8. Aug77°62°ComfortableEvent
  9. Sep72°56°ComfortableEvent
  10. Oct63°47°Comfortable
  11. Nov52°36°Cool
  12. Dec47°32°Cool
Monthly climate normals and event months for Boone, NC
MonthJanFebMarAprMayJunJulAugSepOctNovDec
Average high (°F)424754606773797772635247
Average low (°F)273136425158646256473632
Precipitation (in)5.05.24.35.15.84.75.35.43.55.03.14.0
Snowfall (in)9.34.31.30.60.00.00.00.00.00.00.62.4
Sunshine (hours a day)6.16.38.310.010.711.612.011.110.58.88.06.5
Event monthNoNoYesYesNoNoNoYesYesNoNoNo

Event months within 50 miles

  • March: NASCAR at Bristol Motor Speedway (Food City 500 / Night Race)
  • April: NASCAR at Bristol Motor Speedway (Food City 500 / Night Race)
  • August: NASCAR at Bristol Motor Speedway (Food City 500 / Night Race)
  • September: NASCAR at Bristol Motor Speedway (Food City 500 / Night Race)

This is climate and events, not booking data. Monthly normals are 2019-2023 averages from the Open-Meteo Historical Weather API (ERA5 reanalysis) at the market pin. Event months come from the demand drivers listed above. We do not hold monthly occupancy or rate data for this market.

Who can reach it

People within 150 miles
11.9 million
roughly a 2.5 to 3 hour drive
People within 300 miles
49.0 million
roughly a 5 hour drive

Largest counties within 150 miles

Largest counties by population within 150 miles of Boone, NC
CountyPopulation
Mecklenburg County, NC1,115,403
Guilford County, NC539,557
Greenville County, SC528,251

County populations (U.S. Census Bureau, ACS 2018-2022) summed for every county whose centre lies within each straight-line radius. Straight lines are shorter than roads, so read these as generous upper bounds, not drive-time counts.

What could go wrong

FEMA National Risk Index
Relatively Low
overall rating for Watauga County
Risk score
71.9
of 100, a national percentile: higher means more risk than more U.S. counties
Highest-scoring hazards
River flooding, Earthquake
of the hazards we track for Watauga County
FEMA National Risk Index hazard ratings for Watauga County
HazardFEMA ratingScore (0-100)
River floodingRelatively Moderate80.3
EarthquakeRelatively Low68.9
HurricaneRelatively Low61.9
TornadoRelatively Low60.1
Winter weatherRelatively Low55.8
WildfireVery Low40.9
HailRelatively Low36.7

This is a county-level index, not an insurance quote or a flood-zone determination. A coastal or wildfire-fringe rental can carry far more exposure than its county average suggests. FEMA does not model coastal flooding for this county, which is not the same as zero risk. Get property-level flood, wind and wildfire quotes before you buy.

Market context

Housing and jobs in Watauga County

Vacation-home share
27.4%
North Carolina statewide: 4.1%
Homes with 4+ bedrooms
18.3%
North Carolina statewide: 20.3%
Jobs in tourism industries
17.6%
North Carolina statewide: 8.8%

U.S. Census Bureau, American Community Survey 2018-2022. Vacation-home share is housing units held for seasonal, recreational or occasional use. All three describe the whole county, not one town or neighbourhood.

What is within 15 km of the Boone pin

Amenity score
68
of 100, relative to the other tracked markets
Restaurants, cafes and bars
123
Attractions
52
Outdoor features
114
Hotels, motels and resorts
49
competing lodging, not counted in the amenity score

Counts of features mapped in OpenStreetMap within 15 km of the market pin. A fixed radius favours dense metros, and map coverage varies by area.

Similar markets

The 4 tracked markets whose numbers sit closest to Boone's. Each links to its own report.

Closest by normalised distance across the figures both markets hold (typical 4BR value, revenue, occupancy, regulation rating, vacation-home share, tourism job share, 4+ bedroom share, amenity score, population within 300 miles, comfortable months and FEMA risk score). At most 2 of the 4 come from North Carolina, so the list is not just the neighbours. Similar numbers do not mean similar rules: check each market's regulation section.

See Boone on the map

Open Boone on the National STR Map to see it against its neighbours, switch overlays and run the deal calculator on your own assumptions.

Boone STR questions, answered from the data

Is Airbnb legal in Boone?

STR HUB rates Boone's short-term rental rules 4/5 (Strict) on a scale from 1 (relaxed) to 5 (very strict). That rating was derived from the regulation text we hold and has not yet been reviewed by a person. Rules change, so confirm current requirements with the local jurisdiction before you buy or list.

How much does a 4-bedroom home cost in Boone?

The typical 4-bedroom home in Watauga County is valued at $752,734 (Zillow Home Value Index), and the typical home of any size at $505,994, with all-home values up 1.0% over the past year. These are county-wide typical values, not list prices.

What brings visitors to Boone?

3 demand drivers sit within 50 miles of Boone: Beech Mountain & Sugar Mountain (High Country skiing), Damascus ("Trail Town USA") and NASCAR at Bristol Motor Speedway (Food City 500 / Night Race). Attendance is shown only where a source publishes it, and each driver's source is linked in the report.

What natural hazards affect Boone?

FEMA's National Risk Index rates Watauga County "Relatively Low" overall, with a score of 71.9 out of 100 (a national percentile). The highest-scoring hazards we track there are river flooding and earthquake. It is a county-wide index, not an insurance quote or a flood-zone determination.

When is the weather best in Boone?

6 of 12 months have an average high between 60°F and 88°F (May, June, July, August, September and October). Four-season climate: comfortable months are spread across the year without one dominant season. These are 2019-2023 climate normals, not booking data.

Sources and method

  • Regulation summary and strictness rating: STR Agent HUB regulation research.
  • Home values: Zillow Home Value Index (ZHVI), county level. Data provided by Zillow Group.
  • Housing, employment and population figures: U.S. Census Bureau, American Community Survey (ACS) 5-year estimates, 2018-2022.
  • Natural hazard risk: FEMA National Risk Index, county level.
  • Amenity counts: © OpenStreetMap contributors.
  • Climate normals: Open-Meteo Historical Weather API (CC BY 4.0), 2019-2023 averages.
  • Demand drivers: each entry links its own published source in the list above.

Figures come from the STR HUB national dataset dated September 21, 2026 and this page is regenerated whenever that dataset is rebuilt. County-level figures describe Watauga County as a whole, not one street or neighbourhood. The Opportunity Score (0-100) is a screening heuristic that weighs revenue (35%), regulatory climate (25%), tourism employment (15%), nearby amenities (15%) and large-home supply (10%) relative to the other tracked markets.

Confirm before you act. Short-term rental rules change. Confirm current requirements with the jurisdiction, and work with a licensed local agent who knows which properties can legally operate. This report is screening data, not investment, legal or tax advice.

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