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AirDNA Data: US North Carolina Ocracoke

How is Ocracoke performing?

13

Bad
Market Score

78

Rental Demand

35

Revenue Growth

10

Seasonality

20

Regulation

Annual Revenue

$26.4K

+3%

past year

Occupancy Rate

58%

+4%

past year

Average Daily Rate

$265.8

+3%

past year

Revenue per Available Rental (RevPAR)

$153

+6%

past year

Ocracoke Performance Details

Total available listings

528

+3%

past year

Listings by rental channel

Channel

Airbnb (29%)

Vrbo (62%)

Both (9%)

Listings by rental size

Bedrooms

1 Bedroom (17%)

2 Bedroom (25%)

3 Bedroom (43%)

4 Bedroom (12%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (30%)

91-180 nights (23%)

181-270 nights (32%)

271-365 nights (16%)

Listings by rental type

Type

Entire Home (98%)

Private Room (2%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (0.9%)

Moderate (80.1%)

Strict (7.4%)

Super Strict (11.6%)

Listings by Minimum Stay

1 Night (43.6%)

2 Nights (4.7%)

3 Nights (6.4%)

4-6 Nights (2.1%)

7-29 Nights (11.9%)

30+ Nights (31.3%)

What amenities do listings have?

Aircon

98%

Kitchen

97%

Heating

97%

Tv

94%

Washer

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Ocracoke Island Realty
131131.0%8
4.25

Occupancy

Occupancy Rate

58%

+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

$2,644,691

+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)

$58

+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

$58

-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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