Airbnb Market Analytics, Statistics and Data in Selfoss, Sveitarfélagið Árborg, Iceland
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Selfoss? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Selfoss:
How much do Airbnb hosts make on average per month in Selfoss?
The short-term rental market in Selfoss shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $4,142 per month
- Strong performing properties (top 25%) make $7,310 or more
- Best-in-class properties (top 10%) achieve $12,265+ monthly
- Entry-level properties (bottom 25%) typically earn around $2,066
Revenue Variations by Month
Occupancy Rates Throughout the Year in Selfoss
The market in Selfoss shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 52% occupancy rates
- Strong performing properties (top 25%) achieve 75% or higher
- Best-in-class properties (top 10%) reach 89%+occupancy
- Entry-level properties (bottom 25%) average around 29%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Selfoss
Daily rates in Selfoss vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $220 per night
- Strong performing properties (top 25%) secure $326 or more
- Best-in-class properties (top 10%) pull in $530+ per night
- Entry-level properties (bottom 25%) earn around $157
Daily Rate Variations by Month
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Seasonality patterns in Selfoss
Peak Season (August, July, June)
- Revenue peaks at $7458.39 per month
- Occupancy rates reach 70.22%
- Daily rates average $317.51
Shoulder Season
- Revenue averages $5682.32 per month
- Occupancy maintains 51.53%
- Daily rates hold at $288.46
Low Season (November, December, January)
- Revenue drops to $3503.88 per month
- Occupancy decreases to 34.88%
- Daily rates adjust to $263.76
Is it still profitable to do Airbnb in Selfoss in 2025?
Yes! Selfoss demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 52% and strong monthly revenue averaging $5682 and With 214 active listings, the market shows established demand while maintaining room for growth. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Selfoss
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Selfoss Town | The largest town in the South of Iceland, Selfoss is a popular stop for travelers exploring the Golden Circle and offers various amenities and services. Its charming small-town vibe appeals to visitors looking for a quieter stay while still being close to major attractions. | Selfoss Church, The Old Selfoss Bridge, Ingolfur Square, Ljóðsalur Selfoss, Selfoss Swimming Pool |
| Þingvellir National Park | A UNESCO World Heritage site, this national park is famous for its unique geology, historical significance, and beautiful landscapes. Tourists flock here for hiking, photography, and to experience the rift valley between the North American and Eurasian tectonic plates. | Almannagjá Gorge, Silfra Fissure, Öxarárfoss Waterfall, Þingvellir Visitor Centre |
| Geysir Hot Springs Area | Home to the famous Strokkur geyser, this area attracts visitors eager to witness geothermal activity. Nearby hot springs and stunning landscapes make it a popular destination for nature lovers and photographers. | Strokkur Geysir, Great Geysir, Geysir Center, Blesi Hot Springs |
| Gullfoss Waterfall | One of Iceland's most iconic waterfalls, Gullfoss offers breathtaking views and hiking opportunities. It is a must-see for tourists exploring the Golden Circle, making it a prime location for Airbnb hosting. | Gullfoss Waterfall, Gullfoss Café, Hiking Trails |
| Reykjavík | While a bit farther from Selfoss, Reykjavík is Iceland’s capital and the largest city, known for its vibrant culture, nightlife, and attractions. Hosting here can attract guests who want to experience urban Iceland. | Harpa Concert Hall, Hallgrímskirkja, Reykjavík Art Museum, Laugavegur |
| Kerid Crater | This volcanic crater lake is known for its striking red and green colors and is a popular stop for sightseers. The beauty of Kerid attracts many visitors, making it a lucrative area for Airbnb hosting. | Kerid Crater, Walking Trails, Picnic Areas |
| Landmannalaugar | Known for its unique rhyolite mountains and geothermal hot springs, Landmannalaugar is a hiker's paradise. This remote area attracts adventurous tourists looking to explore Iceland's natural beauty. | Laugavegur Hiking Trail, Hot Springs, Colorful Mountains |
| Skógafoss Waterfall | One of the biggest waterfalls in Iceland, Skógafoss is easily accessible and provides stunning views and photography opportunities. It's a popular tourist destination along the South Coast. | Skógafoss Waterfall, Skógar Museum, Hiking Trails |
Do you need a license for Airbnb in Selfoss?
We recommend checking directly with Selfoss's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (15% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Selfoss
Luxury Lodge, 10 Bdr, Spa, Sauna, Gym, Game Room
Entire Place • 10 bedrooms
Luxurious 4BR Summerhouse with Hot Tub and Sauna
Entire Place • 4 bedrooms
Hrafntinna Villa
Entire Place • 6 bedrooms
Skálarimi - Country house
Entire Place • 5 bedrooms
Iceland Lakeview Retreat
Entire Place • 1 bedroom
Luxury Holiday Lakefront Villa, hot tub, game rm
Entire Place • 5 bedrooms
Top Performing Professional Hosts in Selfoss
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| David Karl | 15 | $1,893,216 | 368 | 4.28/5.0 |
| Signy | 1 | $486,928 | 55 | 4.98/5.0 |
| Isak V Johannsson | 3 | $468,821 | 279 | 4.99/5.0 |
| Bjarni | 4 | $392,900 | 112 | 3.69/5.0 |
| Smári | 5 | $361,475 | 841 | 4.99/5.0 |
| Margrét | 2 | $250,103 | 29 | 4.26/5.0 |
| Federica | 1 | $219,688 | 143 | 4.95/5.0 |
| Sigyn | 1 | $218,436 | 139 | 4.99/5.0 |
| Erlingur & Ingvar | 1 | $157,387 | 75 | 4.96/5.0 |
| Ian | 1 | $144,700 | 20 | 4.95/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Selfoss
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (86.4%), with house and outdoor & mobile properties comprising 70.1% of inventory
- Strong specialty sector (30.4%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in others, unique stays segments (2.4% combined)
Room Capacity Distribution
Analysis of 214 properties in Selfoss shows that 1 bedroom properties are most prevalent, making up 35% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 57.0% of all listings.
Key Insights
- Most common: 1 bedroom (35%)
- Least common: 5+ bedrooms (4.7%)
- Market concentration: 57.0% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 214 properties in Selfoss reveals that 4 guests properties dominate the market, representing 24.3% of all listings. The average property accommodates 4.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 47.7% of the market.
Key Insights
- Most common capacity: 4 guests (24.3% of market)
- Least common capacity: 1 guest (0.5% of market)
- Average guest capacity: 4.4 guests per property
- Market concentration: 47.7% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 214 properties in Selfoss, the most common availability pattern is 181-270 days (31.8% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (33.6% of properties).
Key Insights
- Most common availability window: 181-270 days (31.8%)
- Most common booking duration: 91-180 days (33.6%)
- Properties with high availability (180+ days): 62.1%
- Properties with long-term bookings (180+ days): 38.3%
Minimum Stay Distributions
1 Night
62 listings
31.5% of total
2 Nights
60 listings
30.5% of total
3 Nights
41 listings
20.8% of total
4-6 Nights
15 listings
7.6% of total
7-29 Nights
3 listings
1.5% of total
30+ Nights
16 listings
8.1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 62.0%
- Mid-length stays (4-6 nights) represent 7.6% of listings
- Monthly+ stays (8.1%) suggest a stable extended-stay market
- High market flexibility with 82.8% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
3 listings
1.5% of total
Flexible
66 listings
33.3% of total
Moderate
71 listings
35.9% of total
Firm
31 listings
15.7% of total
Strict
27 listings
13.6% of total
Key Insights
- Moderate is the preferred policy at 35.9% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 69.2% of the market
- Strong market consensus around Moderate policies
- Super Strict 30 Days policies are least common at 1.5% of listings
Recommendations
- Consider starting with a Moderate policy to align with market preferences
- Strong market preference for Moderate policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, May, averaging 120 days
- Shortest booking windows are in Nov, Jan, Feb, averaging 74 days
- Summer shows the longest average booking window at 113 days, while Winter has the shortest at 76 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 113 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Nov-Feb when lead times are shortest
Popular Airbnb Amenities in Selfoss
Below is the distribution of amenities across listings in Selfoss:
Traveler Demographics
Key Insights
- Domestic travelers make up 1% of total guests, indicating a mostly international-driven market.
- Primary international markets: United Kingdom (13%) and Germany (11.3%)
- English is the top language at 64.3%, followed by German (12.3%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.3%
Recommendations
- Target marketing campaigns for New York and England markets
- Develop localized content for United Kingdom and Germany
- Prioritize English and German language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Selfoss. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Kjósarhreppur | 18 | $8,936 | $532.26 | 62% |
| Reykholt | 44 | $5,203 | $319.56 | 56% |
| Vik | 56 | $5,074 | $307.63 | 62% |
| Ölfus | 17 | $4,936 | $257.63 | 60% |
| Grímsnes- og Grafningshreppur | 32 | $4,858 | $365.05 | 54% |
| Grímsnes | 13 | $4,482 | $394.67 | 64% |
| Hella | 111 | $4,478 | $307.89 | 51% |
| Bláskógabyggð | 31 | $4,406 | $307.09 | 52% |
| Hveragerðisbær | 40 | $4,178 | $316.41 | 47% |
| Akranes | 23 | $4,075 | $257.44 | 54% |
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