Question 1

How many Airbnb and VRBO listings are in Great Valley?

Accepted Answer

Over the 12 months ending September 2026, the Great Valley market averaged 1,030 active Airbnb and VRBO listings, up 3% from a year earlier and up 48% over two years.

Question 2

How much do Airbnbs and VRBOs make in Great Valley?

Accepted Answer

An average Great Valley listing earns $35K/year. High-performing listings earn $79K, while low-performing listings earn $15K.

Question 3

How much does it cost to buy an Airbnb or VRBO property in Great Valley?

Accepted Answer

Median Great Valley home prices by size are 1-bedroom $95K, 2-bedroom $151K, 3-bedroom $175K, and 4+ bedroom $259K.

Question 4

What is the occupancy rate for Airbnb and VRBO in Great Valley?

Accepted Answer

Average occupancy in Great Valley is 25%, producing RevPAR of $79 per available night.

Question 5

Are short-term rentals legal in Great Valley?

Accepted Answer

Rules vary across Great Valley. Buffalo: Moderate. Business license and registration required, zoning compliance needed. Some neighborhoods restrict STRs. Enforcement exists but inconsistent; many hosts operate without full compliance.
Ellicottville: Lenient. No specific STR regulations beyond standard lodging rules. Tourist town welcomes rentals. Minimal enforcement; market-driven approach.
Chautauqua: Moderate. County/town permits required, safety inspections, occupancy limits. Rules vary by municipality within county. Enforcement sporadic; compliance varies significantly by area. Verify requirements for the property's jurisdiction.

Question 6

Is the Great Valley Airbnb and VRBO market oversaturated?

Accepted Answer

The Great Valley Airbnb and VRBO market does not show clear signs of oversaturation. Supply has grown 3% year-over-year, while RevPAR has increased 9%, suggesting demand is outpacing available supply.

Question 7

When is peak season for Airbnbs and VRBOs in Great Valley?

Accepted Answer

RevPAR is highest in February and January; it is lowest in April and November.

Question 8

Which Airbnb and VRBO amenities matter most in Great Valley?

Accepted Answer

The most common amenities are Parking (98%), Kitchen (98%), Internet (96%). The strongest positive revenue associations are TV (+124%), Washing Machine (+113%), Hot Tub (+110%).

Question 9

What is the average nightly rate for Airbnbs and VRBOs in Great Valley?

Accepted Answer

Average daily rate in Great Valley is $346, up 17% year-over-year. Rates peak in February and are lowest in April.

Question 10

How far in advance do guests book Airbnb and VRBO stays in Great Valley?

Accepted Answer

Guests in Great Valley book an average of 37 days in advance, up 5% from last year. Booking windows range from 29 days for 1-bedroom listings to 48 days for 4+ bedroom listings.

Question 11

Which days of the week perform best for Airbnbs and VRBOs in Great Valley?

Accepted Answer

Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Tuesday. Weekend occupancy is 110% higher than weekday occupancy.

Question 12

How is gross yield calculated?

Accepted Answer

For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.

Neighborhood	Revenue (potential)	Gross yield
1.Cuba & Rushford Country	$30.1K 21 listings	21.5% 21 listings
2.Jamestown Country	$26.7K 21 listings	20.6% 21 listings
3.Olean & Allegany Country	$21.4K 22 listings	18.6% 22 listings
4.Machias & Franklinville Country	$37.0K 25 listings	17.5% 25 listings
5.Ellicottville	$52.5K 107 listings	17.2% 107 listings
6.Great Valley Country	$33.4K 27 listings	14.0% 27 listings