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AirDNA Data: US North Carolina Mills River

How is Mills River performing?

4

Bad
Market Score

30

Investability

37

Rental Demand

26

Revenue Growth

18

Seasonality

24

Regulation

Annual Revenue

$20.1K

+3%

past year

Occupancy Rate

50%

+4%

past year

Average Daily Rate

$238.8

+3%

past year

Revenue per Available Rental (RevPAR)

$114

+6%

past year

Mills River Performance Details

Total available listings

128

+3%

past year

Listings by rental channel

Channel

Airbnb (40%)

Vrbo (20%)

Both (41%)

Listings by rental size

Bedrooms

1 Bedroom (31%)

2 Bedroom (29%)

3 Bedroom (24%)

4 Bedroom (7%)

5+ Bedroom (9%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (34%)

91-180 nights (18%)

181-270 nights (19%)

271-365 nights (30%)

Listings by rental type

Type

Entire Home (96%)

Private Room (4%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (15.7%)

Moderate (65.4%)

Strict (12.6%)

Super Strict (6.3%)

Listings by Minimum Stay

1 Night (0.8%)

2 Nights (63.3%)

3 Nights (12.5%)

4-6 Nights (2.3%)

7-29 Nights (3.1%)

30+ Nights (18.0%)

What amenities do listings have?

Internet

97%

Aircon

95%

Wireless Internet

95%

Parking

94%

Kitchen

93%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Acony Bell Tiny Home Village
13-0.1%1844
4.90
Evolve
60.2%96
4.86
Vacasa
2-0.3%62
4.84
Greybeard Rentals
10.0%23
4.85

Occupancy

Occupancy Rate

50%

+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

$2,006,534

+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)

$50

+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

$50

-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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