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AirDNA Data: US North Carolina Nags Head

How is Nags Head performing?

79

Good
Market Score

92

Investability

80

Rental Demand

39

Revenue Growth

7

Seasonality

46

Regulation

Annual Revenue

$60.6K

+3%

past year

FebAprJunAugOctDecFeb
Occupancy Rate

68%

+4%

past year

JanMarMayJulSepNov
Average Daily Rate

$463.1

+3%

past year

JanMarMayJulSepNov
Revenue per Available Rental (RevPAR)

$315.9

+6%

past year

JanMarMayJulSepNov

Nags Head Performance Details

Total available listings

2,028

+3%

past year

Listings by rental channel

Channel

Airbnb (17%)

Vrbo (44%)

Both (40%)

Listings by rental size

Bedrooms

1 Bedroom (6%)

2 Bedroom (9%)

3 Bedroom (23%)

4 Bedroom (26%)

5+ Bedroom (36%)

Rental growth in the last 12 months

Active Listings

+8%

past year

JanFebMarAprMayJunJulAugSepOctNovDec100125150175200Active Listings

Listings by annual availability

Available

1-90 nights (17%)

91-180 nights (25%)

181-270 nights (32%)

271-365 nights (26%)

Listings by rental type

Type

Entire Home (99%)

Private Room (1%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (0.9%)

Moderate (60.1%)

Strict (10.9%)

Super Strict (28.0%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (9.4%)

3 Nights (46.2%)

4-6 Nights (5.7%)

7-29 Nights (21.9%)

30+ Nights (16.5%)

What amenities do listings have?

Internet

100%

Aircon

99%

Kitchen

97%

Heating

97%

Tv

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Village Realty
2560.1%546
4.60
Seaside vacation rentals
950.1%461
4.56
KEES Vacations
63-0.1%1522
4.35
Vacasa
330.0%409
4.50
Outer Banks Resort Rentals
230.0%346
4.53

Occupancy

Occupancy Rate

68%

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec1.6K%2.4K%3.2K%4K%4.8K%% Booked
2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$6,061,902

+5%

past year

Apr: 80Aug: 30
How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$68

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$68

-7%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018
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USA

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Spain

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