The vacancy rate is the percentage of housing units in an area that are unoccupied, whether for sale, for rent, seasonal, or otherwise vacant. It is a Census-derived measure of slack in the local housing supply.
Vacant units / total housing units × 100
Very low vacancy signals tight supply and upward pressure on prices and rents; elevated vacancy can indicate weak demand or an abundance of seasonal or investor-held property. Context matters — vacation-heavy areas naturally run high vacancy without implying a weak market.
See vacancy rate for any state, metro, county, or ZIP code in the Reatlas Market Explorer.
Explore the dataSource: Reatlas analysis of U.S. Census American Community Survey (ACS), Realtor.com, and Zillow market data.