The Mammoth Cave area in Kentucky is a prime destination for cavern touring enthusiasts, offering a unique blend of natural wonders and real estate opportunities. As a local expert, I’ll provide insights into the local perceptions of tourism, the thriving real estate market, and the most popular property types for Airbnb/VRBO rentals in this captivating region.
Local Perceptions of Tourism in the Mammoth Cave Area
The Mammoth Cave area is renowned for its extensive cave systems and natural beauty, attracting visitors from around the world. Locals generally view tourism as a positive force, as it significantly contributes to the local economy. The influx of visitors supports a wide range of businesses, including hotels, restaurants, and outdoor adventure providers. However, some residents may express concerns about the environmental impact and increased traffic during peak tourist seasons.
Local Economy and Real Estate Investments
The local economy in the Mammoth Cave area is heavily influenced by tourism, making it an attractive destination for real estate investments. Here are some key data points to consider:
- Median Home Price: The median listing home price in Mammoth Cave, KY is around $232,450.
- Property Types: Popular property types for Airbnb/VRBO rentals include cabins, cottages, and vacation homes, which can generate significant rental income during peak tourist seasons.
- Rental Income: The average daily rental rate for a vacation home in the Mammoth Cave area can range from $150 to $300, depending on the property’s size, amenities, and location.
- Local Amenities: The area offers a range of outdoor activities, including hiking, biking, and horseback riding, making it an attractive destination for nature enthusiasts.
Most Popular Types of Properties for Airbnb/VRBO
Based on current listings and market trends, the most popular types of properties for Airbnb/VRBO rentals in the Mammoth Cave area are:
- Cabins: Ranging from cozy one-bedroom cabins to larger family-friendly options, these properties are in high demand due to their rustic charm and proximity to outdoor activities.
- Cottages: These smaller, often more affordable properties are ideal for couples or small families and offer a more intimate experience.
- Vacation Homes: Larger properties with multiple bedrooms and amenities like full kitchens and outdoor spaces are popular among families and groups of friends.
Key Statistics and Data Points
- Number of Listings: There are currently around 22-28 homes for sale in Mammoth Cave, KY, with a median listing price of $232,450.
- Average Square Footage: The average square footage of properties in the area ranges from 630 sqft to 2,100 sqft, depending on the type and size of the property.
- Price Range: Properties in the Mammoth Cave area can range from around $100,000 to over $500,000, depending on factors like location, size, and amenities.
Directory and Contact Information
For those interested in exploring real estate opportunities in the Mammoth Cave area, here are some key contacts and directories:
| Real Estate Agents | Contact Information |
|---|---|
| Coldwell Banker Legacy Group | (270) 773-3333 |
| Keller Williams First Choice Realty | (270) 651-1111 |
| Premier Properties of South Central KY | (270) 737-1111 |
| Local Government | Contact Information |
|---|---|
| Mammoth Cave National Park | (270) 758-2180 |
| Edmonson County Government | (270) 597-2157 |
Hours and Timings
- Real Estate Offices: Typically open from 9:00 AM to 5:00 PM, Monday through Friday, with extended hours during peak seasons.
- National Park: Mammoth Cave National Park is open year-round, with varying hours depending on the season:
- Summer (April 1 to October 31): 8:00 AM to 6:00 PM
- Winter (November 1 to March 31): 8:00 AM to 5:00 PM
Rates and Value
- Property Taxes: The average property tax rate in Edmonson County is around 0.85% of the property’s value.
- Rental Income: The average daily rental rate for a vacation home in the Mammoth Cave area can range from $150 to $300, depending on the property’s size, amenities, and location.
References
- https://www.homes.com/mammoth-cave-ky/
- https://www.zillow.com/mammoth-cave-ky/
- https://www.trulia.com/KY/Mammoth_Cave/
- https://www.realtor.com/realestateandhomes-search/Mammoth-Cave_KY
- https://www.remax.com/homes-for-sale/ky/mammoth-cave/zip/42259