AirDNA Data: US→ South Dakota→ Lake Norden
How is Lake Norden performing?
48
Okay
90
Investability
46
Rental Demand
26
Revenue Growth
5
Seasonality
53
Regulation
Annual Revenue
$19.5K
+3%
past year
Occupancy Rate
47%
+4%
past year
Average Daily Rate
$229.8
+3%
past year
Revenue per Available Rental (RevPAR)
$118.4
+6%
past year
Lake Norden Performance Details
Total available listings
19
+3%
past year
Listings by rental channel
Airbnb (37%)
Vrbo (16%)
Both (47%)
Listings by rental size
1 Bedroom (26%)
2 Bedroom (26%)
3 Bedroom (21%)
4 Bedroom (26%)
5+ Bedroom (0%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (26%)
91-180 nights (32%)
181-270 nights (16%)
271-365 nights (26%)
Listings by rental type
Entire Home (79%)
Private Room (21%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (5.3%)
Moderate (68.4%)
Strict (26.3%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (68.4%)
3 Nights (21.1%)
4-6 Nights (0.0%)
7-29 Nights (0.0%)
30+ Nights (10.5%)
What amenities do listings have?
Kitchen
100%
Aircon
100%
Tv
95%
Heating
95%
Parking
95%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 4 | 0.3% | 127 | 4.47 |
Occupancy
Occupancy Rate
47%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$1,946,300
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$47
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$47
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat 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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