For many, being in the great outdoors is, well, great.  Help your outdoorsy clients move to, or as close as possible to, one of our country’s national parks as either full- or part-time homeowners.

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Migration to National Parks Comes with Different Price Tags

Many of us love to “escape” to the great outdoors to conquer mountains, seek out wildlife, see different and sometimes alien vistas, experience the joys/frustrations of fishing and/or “find” ourselves.

For those of us who want more escapes to the great outdoors, now may be the time to consider becoming full- or part-time homeowners in or as close as possible to one of our country’s national parks.  Living is some our national parks comes with big price premiums while living in others comes with great property values.

National Parks with Biggest Price Premiums, according to Outforia

Here are the most expensive national parks for buying nearby property compared to the average property price in each respective state:

(You’ll notice that not all national parks are listed, only those that are land-based.  And, of course, you know that prices vary depending on price sources and market timing.  This research study used average prices from Zillow and then comparative price sources specific to each state and municipality.)

  1. Grand Teton – Wyoming
    1. Average House Price by State – $276,278
    2. Nearby Town – Moose
    3. Average House Price in Town – $1,353,588
    4. National Park House Premium in $ – $1,077,310
    5. National Park House Premium in % – 389.94%
  2. Indiana Dunes – Indiana
    1. Average House Price by State – $188,505
    2. Nearby Town – Dune Acres
    3. Average House Price in Town – $807,779
    4. National Park House Premium in $ – $619,274
    5. National Park House Premium in % – 328.52%
  3. Glacier – Montana
    1. Average House Price by State – $367,030
    2. Nearby Town – West Glacier
    3. Average House Price in Town – $976,177
    4. National Park House Premium in $ – $609,147
    5. National Park House Premium in % – 165.9%
  4. Cuyahoga Valley – Ohio
    1. Price by State – $184,247
    2. Town – Peninsula
    3. Price in Town – $304,809
    4. Premium in $ – $190,668
    5. Premium in % – 65.43%
  5. Yellowstone – Montana
    1. Price by State – 367,030
    2. Nearby Town – West Yellowstone
    3. Price in Town – $557,698
    4. Premium in $ – $125,742
    5. Premium in % – 51.95%
  6. Acadia – Maine
    1. Price by State – $313s,134
    2. Nearby Town – Bar Harbor
    3. Price in Town – $438,876
    4. Premium in $ – $120,562
    5. Premium in % – 40.16%
  7. Hot Springs – Arkansas
    1. Price by State – $151,472
    2. Nearby Town – $195,738
    3. Price in Town – $195,738
    4. Premium in $ – $101,313
    5. Premium in % – 29.22%
  8. Rocky Mountain – Colorado
    1. Price in State – $501,345
    2. Nearby Town – Estes Park
    3. Price in Town – $602,658
    4. Premium in $ – $90,749
    5. Premium in % – 220.21%
  9. Channel Islands – California
    1. Price in State – $700,828
    2. Nearby Town – Avalon
    3. Price in Town – $791,577
    4. Premium in $ – $65,148
    5. Premium in % – 12.95%
  10. Haleakala – Hawaii
    1. Price in State – $743,125
    2. Nearby Town – Hana
    3. Price in Town – $808,273
    4. Premium in $ – $44,266
    5. Premium in % – 8.77%

National Parks with Best Value Property

  1. Voyageurs – Minnesota
    1. Price in State – $305,474
    2. Nearby Town – International Falls
    3. Price in Town – $78.128
    4. Premium in $ – -$227,346
    5. Premium in % -74.42%
  2. Congaree – South Carolina
    1. Price in State – $230,901
    2. Nearby Town – Eastover
    3. Price in Town – $627,192
    4. Premium in $ – -$163,709
    5. Premium in % – -70.90%
  3. Petrified Forest – Arizona
    1. Price in State – $366,343
    2. Nearby Town – Holbrook
    3. Price in Town – $145,972
    4. Premium in $ – -$220,371
    5. Premium in % – -60.15%
  4. Hawaii Volcanos – Hawaii
    1. Price in State – $743,1225
    2. Nearby Town – Volcano
    3. Price in Town – $305,976
    4. Premium in $ – -$43,746
    5. Premium in % – -58.83%
  5. Canyonlands – Utah
    1. Price in State – $477,484
    2. Nearby Town – Monticello
    3. Price in Town – $202,621
    4. Premium in $ – -57.56%
  6. Mount Rainier – Washington
    1. Price in State – $529,768
    2. Nearby Town – Packwood
    3. Price in Town – $227,367
    4. Premium in $ – -302,401
    5. Premium in % – -57.08%
  7. Lassen Volcanic – California
    1. Price in State – $700,828
    2. Nearby Town – Chester
    3. Price in Town – $308,397
    4. Premium in $ – -$392,431
    5. Premium in % – -56.00%
  8. Kings Canyon – California
    1. Price in State – $700,828
    2. Nearby Town – Hume
    3. Price in Town – $321,356
    4. Premium in $ – -$379,472
    5. Premium in % – -54.15%
  9. Mesa Verde – Colorado
    1. Price in State – $501,345
    2. Nearby Town – Cortez
    3. Price in Town – $233,393
    4. Premium in $ – -$267,952
    5. Premium in % – -53.45%
  10. Joshua Tree – California
    1. Price in State – $700,828
    2. Nearby Town – Joshua Tree
    3. Price in Town – $344,211
    4. Premium in $ – -$356,617
    5. Premium in % – -50.89%

Thanks to outforia.com.

 

 

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