Terra Alta

As of May 2026, Terra Alta, Deep Creek Lake have 257 active Airbnb and VRBO listings. This represents a 11% increase from the previous year.

The average Airbnb or VRBO in Terra Alta generates $35K per year. High-performing properties earn $92K/year, while low-performing properties earn $15K/year. This significant spread suggests that revenue potential is heavily bifurcated, with top-tier assets capturing a disproportionate share of demand despite a 14% annual decline in market-wide revenue.

Average home prices in Terra Alta vary by property size: 1-bedroom properties cost approximately $0, 2-bedroom homes average $201K, 3-bedroom properties are around $165K, and 4+ bedroom homes average $381K. These prices reflect median home values across the Terra Alta, Deep Creek Lake area.

Airbnb and VRBO can be profitable in Terra Alta, with an average gross yield of 21% across all properties. High-performing properties achieve yields up to 55%, which is considered top for short-term rental investment. Such a wide yield variance indicates that profitability is highly sensitive to asset-specific performance metrics rather than broad market trends.

The average occupancy rate for Airbnbs and VRBOs in Terra Alta is 31%. This occupancy level, combined with an average nightly rate of $278, results in a RevPAR (revenue per available room) of $81 per day.

3-bedroom properties demonstrate the strongest performance in Terra Alta, with an average gross yield of 13% and annual revenue of $26K. These properties balance purchase price ($165K), operating costs, and rental demand most effectively in the Terra Alta market.

Short-term rental regulations vary by jurisdiction in the Terra Alta area. Terra Alta, WV: Lenient. No specific short-term rental regulations at municipal level. State business registration recommended. Minimal enforcement. Deep Creek Lake, MD (Garrett County): Moderate. Short-term rental license required, safety inspections, occupancy limits based on bedrooms. County actively monitors compliance and issues violations for unlicensed properties. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Terra Alta Airbnb and VRBO market is currently showing increasingly competitive conditions. Supply has grown 11% year-over-year, while RevPAR has decreased 14%. This indicates growing competition, suggesting that new supply is outpacing current demand absorption, placing downward pressure on individual unit earnings.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 56% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (February-March) when gaining traction is harder.

The most common amenities in Terra Alta listings include: Kitchen (97%), Tv (75%), Air Conditioning (72%), Washing Machine (69%), Heating (69%). Amenities that boost revenue the most include Washing Machine, Tv, Hot Tub, with Washing Machine properties earning approximately 62% more ($49K/year vs $30K/year).

Monthly estimated revenue per listing in Terra Alta over the last 12 months: May: $2K, June: $3K, July: $6K, August: $5K, September: $2K, October: $2K, November: $2K, December: $2K, January: $2K, February: $1K, March: $968, April: $1K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Terra Alta is $278, up 3% year-over-year. By property size: 1-bedroom properties average $118/night, 2-bedroom properties average $167/night, 3-bedroom properties average $201/night, 4+ bedroom properties average $393/night. Rates peak in July and are lowest in October.

Guests in Terra Alta book an average of 59 days in advance, up 1% from last year. By property size: 1-bedroom: 19 days, 2-bedroom: 37 days, 3-bedroom: 45 days, 4+ bedroom: 80 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Terra Alta Airbnb and VRBO market has seen the following changes: supply grew 11%, revenue per listing decreased 14%, occupancy fell 4%, average nightly rates increased 3%, and lead time increased 1%. These metrics reveal a market experiencing supply-side saturation where rate hikes are failing to compensate for declining occupancy.

In Terra Alta, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 116% higher occupancy than weekdays.