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AirDNA Data: US Minnesota Inver Grove Heights

How is Inver Grove Heights performing?

13

Bad
Market Score

32

Investability

40

Rental Demand

34

Revenue Growth

17

Seasonality

43

Regulation

Annual Revenue

$29.5K

+3%

past year

Occupancy Rate

49%

+4%

past year

Average Daily Rate

$300.3

+3%

past year

Revenue per Available Rental (RevPAR)

$152.5

+6%

past year

Inver Grove Heights Performance Details

Total available listings

36

+3%

past year

Listings by rental channel

Channel

Airbnb (56%)

Vrbo (22%)

Both (22%)

Listings by rental size

Bedrooms

1 Bedroom (53%)

2 Bedroom (8%)

3 Bedroom (3%)

4 Bedroom (14%)

5+ Bedroom (22%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (47%)

91-180 nights (22%)

181-270 nights (6%)

271-365 nights (25%)

Listings by rental type

Type

Entire Home (64%)

Private Room (36%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (33.3%)

Moderate (38.9%)

Strict (27.8%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (33.3%)

3 Nights (2.8%)

4-6 Nights (5.6%)

7-29 Nights (5.6%)

30+ Nights (52.8%)

What amenities do listings have?

Internet

97%

Wireless Internet

97%

Aircon

94%

Heating

86%

Kitchen

86%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

49%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$2,952,000

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$49

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$49

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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