AirDNA Data: Springfield
How is Springfield performing?
90
Great
88
Investability
83
Rental Demand
56
Revenue Growth
70
Seasonality
49
Regulation
Annual Revenue
$10.8K
+3%
past year
Occupancy Rate
42%
+4%
past year
Average Daily Rate
$99.3
+3%
past year
Revenue per Available Rental (RevPAR)
$57.3
+6%
past year
Springfield Performance Details
Total available listings
573
+3%
past year
Listings by rental channel
Airbnb (81%)
Vrbo (11%)
Both (8%)
Listings by rental size
1 Bedroom (50%)
2 Bedroom (32%)
3 Bedroom (14%)
4 Bedroom (3%)
5+ Bedroom (1%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (72%)
91-180 nights (10%)
181-270 nights (8%)
271-365 nights (10%)
Listings by rental type
Entire Home (72%)
Private Room (26%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (48.5%)
Moderate (26.5%)
Strict (24.4%)
Super Strict (0.5%)
Listings by Minimum Stay
1 Night (6.6%)
2 Nights (20.9%)
3 Nights (7.7%)
4-6 Nights (4.4%)
7-29 Nights (5.6%)
30+ Nights (54.8%)
What amenities do listings have?
Aircon
92%
Wireless Internet
91%
Kitchen
89%
Heating
87%
Tv
86%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Inn At 835 | 13 | -0.2% | 38 | 4.73 |
DMD | 8 | 0.0% | 70 | 4.75 |
Arrive And Thrive | 5 | 0.0% | 115 | 4.91 |
Evolve | 1 | 1.0% | 5 | 5.00 |
Occupancy
Occupancy Rate
42%
+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
$1,081,741
+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)
$42
+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
$42
-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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