Sykesville, MD

Key Performance Metrics

Market snapshot

Performance indicators for the Sykesville short-term rental market based on reliable data.

Listings

22 / 57

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$30,695

Middle-Earners Revenue

Occupancy

67%

Middle-Earners Occupancy

Home Value

$549,073

Median Home Sale Price

Top Earners

$82,134

Top-Earners Revenue

Sykesville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Sykesville.

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C

Challenging to Investors

Sykesville Regulations

No STR-specific ordinances exist in the Sykesville Master Plan; STRs must rely on general zoning (residential, commercial, historic) with unknown permitting, caps, fees and enforcement, creating uncertainty and elevated risk/compliance costs.

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About Sykesville

Sykesville is a small town in Carroll County, Maryland, United States. The town lies 20 miles (32 km) west of Baltimore and 40 miles (64 km) north of Washington D.C. The population was 4,436 at the 2010 census. BudgetTravel.com named Sykesville 'Coolest Small Town in America' in June 2016.