Wellsboro, PA
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Wellsboro short-term rental market based on reliable data.
Listings
110 / 281
Reliable / Active
Cap Rate
10%
Middle-Earners Gross Yield
Revenue
$23,018
Middle-Earners Revenue
Occupancy
44%
Middle-Earners Occupancy
Home Value
$238,960
Median Home Sale Price
Top Earners
$46,321
Top-Earners Revenue
Wellsboro
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Wellsboro.
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Challenging to Investors
Wellsboro Regulations
Wellsboro's STR regulations are challenging for investors due to the prohibition on non-owner-occupied STRs (eliminating most investment opportunities), high fees ($450 initial, $250 annual), strict operational rules (30-day maximum rental, parking/signage limits), and burdensome requirements for grandfathered properties (inspections, 24/7 manager proximity). While owner-occupied STRs are technically allowed, the combination of high costs, extensive compliance, and ongoing enforcement uncertainty deters investment.
Local STR Agent
STR specialist · Wellsboro, PA
About Wellsboro
Wellsboro is a borough and county seat of Tioga County, Pennsylvania. The borough was founded by Benjamin Wistar Morris. It is located 52 miles (84 km) northwest of Williamsport. The population was 3,472 at the 2020 census.Early in the 20th century, Wellsboro was the shipping point and trade center for a large area. It had fruit evaporators, flour and woolen mills, a milk-condensing plant, marble works, saw mills, foundry and machine shops, and manufactories of cut glass, chemicals, rugs, bolts, cigars, carriages, and furniture. In 1900, 2,945 people lived here; in 1910, 3,183 lived here. It is also home to the Grand Canyon of Pennsylvania. It is a local tourist destination known for its iconic gas lamps that are spaced through the grass median of Main Street.