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AirDNA Data: US North Carolina Millers Creek

How is Millers Creek performing?

28

Bad
Market Score

71

Investability

22

Rental Demand

35

Revenue Growth

19

Seasonality

46

Regulation

Annual Revenue

$11.4K

+3%

past year

Occupancy Rate

34%

+4%

past year

Average Daily Rate

$151.1

+3%

past year

Revenue per Available Rental (RevPAR)

$52.1

+6%

past year

Millers Creek Performance Details

Total available listings

53

+3%

past year

Listings by rental channel

Channel

Airbnb (64%)

Vrbo (9%)

Both (26%)

Listings by rental size

Bedrooms

1 Bedroom (51%)

2 Bedroom (19%)

3 Bedroom (25%)

4 Bedroom (6%)

5+ Bedroom (0%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (49%)

91-180 nights (11%)

181-270 nights (13%)

271-365 nights (26%)

Listings by rental type

Type

Entire Home (94%)

Private Room (6%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (35.0%)

Moderate (40.0%)

Strict (22.5%)

Super Strict (2.5%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (49.1%)

3 Nights (5.7%)

4-6 Nights (1.9%)

7-29 Nights (1.9%)

30+ Nights (41.5%)

What amenities do listings have?

Parking

98%

Heating

96%

Kitchen

94%

Wireless Internet

87%

Internet

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
StayBlueRidge
21.0%15
4.61
Carolina Properties and Rentals
10.0%1
5.00
4 Seasons Vacation Rentals
10.0%10
4.40

Occupancy

Occupancy Rate

34%

+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

$1,141,832

+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)

$34

+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

$34

-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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