Wellsboro, PA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

125 / 282

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$23,238

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$240,365

Median Home Sale Price

Top Earners

$49,477

Top-Earners Revenue

Wellsboro

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Wellsboro.

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C

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.

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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.

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