Ellicottville, NY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

362 / 592

Reliable / Active

Revenue

$31,673

Middle-Earners Revenue

Occupancy

36%

Middle-Earners Occupancy

Top Earners

$72,656

Top-Earners Revenue

Ellicottville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ellicottville.

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C

Challenging to Investors

Ellicottville Regulations

STRs are explicitly allowed with licensing, but both jurisdictions impose moderate-to-strict operational burdens (insurance minimums, inspections, 24/7 local contact, on‑site parking) and the Town adds a tight 15% density cap per block in residential zones. Combined with multi-tiered fees (Town $75–$200; Village $400–$1,000) and escalating penalties up to $4,000 plus license revocation, compliance costs and the risk of nonrenewal are meaningful for investors.

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About Ellicottville

Ellicottville is a small village nestled in the rolling hills of western New York's Cattaraugus County, home to roughly 1,500 year-round residents who live alongside a steady rotation of weekend visitors drawn to the area's four-season mountain appeal. With its compact historic main street, locally owned shops, and a pace that slows noticeably once you leave the highway, the village has the feel of a small resort town tucked into the foothills of the Allegheny Plateau. Ellicottville is best known as a gateway to some of the region's most reliable ski terrain, and it sits approximately 50 miles — about an hour's drive — south of Buffalo, making it one of the closest genuine mountain playgrounds to that city and a popular four-season escape for Western New Yorkers and Canadian visitors crossing the border.

Holiday Valley anchors the local tourism economy, rising just outside the village limits with more than 50 trails spread across several interconnected peaks, making it one of the largest ski areas in New York State. In winter, the slopes, terrain parks, and tubing hill draw families and ski club members from across the Northeast, while summer brings lift-served mountain biking, a popular aerial adventure course, and a busy festival calendar. The resort's year-round programming helps smooth the traditional ski-season cliff that many mountain towns face.

A short drive southeast of town, Allegany State Park sprawls across more than 65,000 acres of forested hills, lakes, and streams, making it the largest state park in New York. Visitors come for the two main developed areas — Red House and Quaker — which offer camping, cabin rentals, hiking, swimming, snowmobiling, and cross-country skiing. For short-term rental owners, the park provides a steady stream of families and outdoor enthusiasts looking for a base that is quieter and more affordable than the in-village lodging, particularly during summer weekends and the fall foliage season.

Back in the village, the walkable downtown along Monroe Street is a draw in its own right, lined with small boutiques, restaurants, and a well-known brewpub that has become a de facto social hub for both visitors and locals. The small Nannen Arboretum and a handful of historic buildings offer low-key diversions between more active outings, and the surrounding countryside of dairy farms, covered bridges, and winding two-lane roads rewards visitors who prefer scenic drives to ticketed attractions.

For short-term rental investors, Ellicottville offers a combination that is difficult to replicate elsewhere in the region: a genuinely walkable, photogenic village core; a marquee ski resort within minutes of the front door; a massive state park a short drive away; and a drive time of roughly an hour from a major metropolitan airport in Buffalo. The result is a market that sees strong winter peaks from skiers, lively shoulder seasons tied to fall foliage and mountain biking, and a base of repeat regional visitors who treat the village as a year-round weekend retreat rather than a one-time destination.

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