Mungyeong-si Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in North Gyeongsang, South Korea

Source: AirROI
Last updated: 2025-03-31

Is Airbnb profitable in Mungyeong-si in 2025? Explore comprehensive Airbnb analytics for Mungyeong-si, North Gyeongsang, South Korea to uncover income potential. This 2025 STR market report for Mungyeong-si, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 116 active listings.

Whether you're considering an Airbnb investment in Mungyeong-si, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Mungyeong-si Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.

Key Mungyeong-si Airbnb Performance Metrics Overview

Avg. Daily Rate (ADR)(?)
$142
The average rental revenue earned for an occupied room per day in Mungyeong-si.
Occupancy Rate(?)
20.2%
Lower demand, potentially seasonal or market factors at play.
Median Annual Revenue(?)
$7,555
Typical annual income for an Airbnb listing in Mungyeong-si. Factors like property type, size, and location influence actual earnings.
Revenue Growth YoY(?)
-11.3%
Significant decrease (-11.3%) vs. last year.
Peak Revenue Month(?)
May
The month with the highest average earnings, indicating peak season in Mungyeong-si.
Lowest Revenue Month(?)
January
The month with the lowest average earnings, indicating the low season in Mungyeong-si.
STR Regulation Level(?)
Low
Fewer regulations, offering more operational flexibility.
Active Airbnb Listings(?)
116
Total number of active short-term rentals listed.

Monthly Airbnb Revenue Variations & Income Potential in Mungyeong-si (2025)

Understanding the monthly revenue variations for Airbnb listings in Mungyeong-si is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Mungyeong-si is typically May, while January often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Mungyeong-si across different performance tiers:

  • Best-in-class properties (Top 10%) achieve $2,130+ monthly, often utilizing dynamic pricing and superior guest experiences.
  • Strong performing properties (Top 25%) earn $1,292 or more, indicating effective management and desirable locations/amenities.
  • Typical properties (Median) generate around $675 per month, representing the average market performance.
  • Entry-level properties (Bottom 25%) see earnings around $383, often with potential for optimization.

Average Monthly Airbnb Earnings Trend in Mungyeong-si

Mungyeong-si Airbnb Occupancy Rate Trends (2025)

Maximize your bookings by understanding the Mungyeong-si STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Septembersees the highest demand (peak season occupancy), while January experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Mungyeong-si:

  • Best-in-class properties (Top 10%) achieve 41%+ occupancy, indicating high desirability and potentially optimized availability.
  • Strong performing properties (Top 25%) maintain 24% or higher occupancy, suggesting good market fit and guest satisfaction.
  • Typical properties (Median) have an occupancy rate around 16%.
  • Entry-level properties (Bottom 25%) average 11% occupancy, potentially facing higher vacancy.

Average Monthly Occupancy Rate Trend in Mungyeong-si

Average Daily Rate (ADR) Airbnb Trends in Mungyeong-si (2025)

Effective short term rental pricing strategy in Mungyeong-si involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Mungyeong-si typically peaks in July and dips lowest during February. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:

  • Best-in-class properties (Top 10%) command rates of $261+ per night, often due to premium features or locations.
  • Strong performing properties (Top 25%) achieve nightly rates of $174 or more.
  • Typical properties (Median) charge around $133 per night.
  • Entry-level properties (Bottom 25%) earn around $99 per night.

Average Daily Rate (ADR) Trend by Month in Mungyeong-si

Get Live Mungyeong-si Market Intelligence 👇

Discover Mungyeong-si Airbnb Analytics
🏠
🏠
🏠

Explore Real-time Analytics

Airbnb Seasonality Analysis & Trends in Mungyeong-si (2025)

Peak Season (May, April, August)
  • Revenue averages $1,451 per month
  • Occupancy rates average 23.2%
  • Daily rates average $158
Shoulder Season
  • Revenue averages $1,020 per month
  • Occupancy maintains around 21.3%
  • Daily rates hold near $151
Low Season (January, February, March)
  • Revenue drops to average $583 per month
  • Occupancy decreases to average 13.7%
  • Daily rates adjust to average $137

Seasonality Insights for Mungyeong-si

  • The Airbnb seasonality in Mungyeong-si shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
  • During the high season, the absolute peak month showcases Mungyeong-si's highest earning potential, with monthly revenues capable of climbing to $1,625, occupancy reaching a high of 25.5%, and ADRs peaking at $164.
  • Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $513, occupancy could drop to 11.8%, and ADRs may adjust down to $133.
  • Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Mungyeong-si.

Seasonal Strategies for Maximizing Profit

  • Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
  • Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
  • Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
  • Regularly analyze your own performance against these Mungyeong-si seasonality benchmarks and adjust your pricing and availability strategy accordingly.

Best Areas for Airbnb Investment in Mungyeong-si (2025)

Exploring the top neighborhoods for short-term rentals in Mungyeong-si? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.

Neighborhood / AreaWhy Host Here? (Target Guests & Appeal)Key Attractions & Landmarks
Dongbu Market
A vibrant local market known for its fresh produce and street food. It attracts both locals and tourists seeking an authentic Korean experience and delicious meals.
Dongbu Market, Traditional Korean street food, Local crafts, Cultural experiences
Mungyeong Saejae
Mungyeong Saejae is a historical site that showcases the beautiful natural scenery and the history of the area. Perfect for travelers interested in hiking and history.
Mungyeong Saejae Historic Site, Walking trails, Scenic views, Cultural monuments
Mungyeong Lake
A picturesque area offering outdoor recreational activities and beautiful scenery. Great for families and nature lovers looking for a peaceful getaway.
Mungyeong Lake, Hiking trails, Outdoor activities, Picnic spots, Fishing
Mungyeong Traditional Hanok Village
A reconstructed Korean village that showcases traditional Korean architecture and culture, appealing to tourists interested in history and heritage.
Traditional Hanok houses, Cultural performances, Local crafts, Scenic walks
Jinjuseong Fortress
A historical fortress with scenic views, making it a great spot for tourists interested in history and photography.
Jinjuseong Fortress, History exhibitions, Scenic trails, Cultural experiences
Mungyeong Rail Bike
A unique recreational activity that combines biking and sightseeing, attracting adventure seekers and families alike.
Rail bike experience, Scenic views along the ride, Family-friendly activities
Saejae Museum
A museum focusing on the history of Mungyeong and the Saejae region, suitable for tourists interested in local history and education.
Historical exhibits, Local history, Cultural artifacts
Mt. Mungyeong
A beautiful mountain region ideal for hiking and outdoor activities, attracting nature enthusiasts and tourists looking for adventure.
Hiking trails, Stunning landscapes, Nature walks, Wildlife viewing

Understanding Airbnb License Requirements & STR Laws in Mungyeong-si (2025)

While Mungyeong-si, North Gyeongsang, South Korea currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Mungyeong-si to ensure full compliance before hosting.

(Source: AirROI data, 2025, based on 5% licensed listings)

Top Performing Airbnb Properties in Mungyeong-si (2025)

Benchmark your potential! Explore examples of top-performing Airbnb properties in Mungyeong-sibased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.

Countryside Village in a Modern Private House

Countryside Village in a Modern Private House

Entire Place • 2 bedrooms

$67,372
Revenue
74.0%
Occupancy
$228.35
Daily Rate
Empty Private Pension & Yoga

Empty Private Pension & Yoga

Entire Place • 2 bedrooms

$39,862
Revenue
51.5%
Occupancy
$208.74
Daily Rate
Yellow Roof Bed & Breakfast

Yellow Roof Bed & Breakfast

Entire Place • 3 bedrooms

$32,899
Revenue
53.3%
Occupancy
$165.75
Daily Rate
아늑하고 깨끗한 자연 속 힐링공간

아늑하고 깨끗한 자연 속 힐링공간

Private Room • 2 bedrooms

$27,622
Revenue
18.2%
Occupancy
$545.67
Daily Rate
Mungyeong Donghwa-like House Private House Udam Stay

Mungyeong Donghwa-like House Private House Udam Stay

Entire Place • 1 bedroom

$19,449
Revenue
44.8%
Occupancy
$89.52
Daily Rate
[Mungyeong/Goesan] Home Danggol Pension No. 101 (Lawn yard, right in front of the valley, Mountain V

[Mungyeong/Goesan] Home Danggol Pension No. 101 (Lawn yard, right in front of the valley, Mountain V

Entire Place • 2 bedrooms

$17,880
Revenue
24.5%
Occupancy
$221.81
Daily Rate

Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.

Top Performing Airbnb Hosts in Mungyeong-si (2025)

Learn from the best! This table showcases top-performing Airbnb hosts in Mungyeong-si based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.

Host NamePropertiesGrossing RevenueStay ReviewsAvg Rating
Host #45814487854$276,31330.00/5.0
Host #49455421027$221,67810.00/5.0
순영1$67,372294.97/5.0
여유5$53,5531644.78/5.0
한성1$39,862495.00/5.0
Hyangjo1$32,899684.93/5.0
정희3$31,040574.85/5.0
대섭2$25,8121802.46/5.0
성훈2$20,475384.83/5.0
미애1$19,449904.83/5.0

Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Mungyeong-si.

Dive Deeper: Advanced Mungyeong-si STR Market Data (2025)

Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Mungyeong-si. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.

Explore Advanced Metrics

Mungyeong-si Short-Term Rental Market Composition (2025): Property & Room Types

Room Type Distribution

Property Type Distribution

Market Composition Insights for Mungyeong-si

  • The Mungyeong-si Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 64.7% of the 116 active rentals. This indicates strong guest preference for privacy and space.
  • However, a notable 34.5% share for Private Rooms suggests opportunities for budget-conscious travelers or hosts renting out spare rooms.
  • Looking at the property type distribution in Mungyeong-si, Hotel/Boutique properties are the most common (82.8%), reflecting the local real estate landscape.
  • The presence of 82.8% Hotel/Boutique listings indicates integration with traditional hospitality.
  • Smaller segments like apartment/condo, outdoor/unique (combined 3.5%) offer potential for unique stay experiences.

Mungyeong-si Airbnb Room Capacity Analysis (2025): Bedroom Distribution

Distribution of Listings by Number of Bedrooms

Room Capacity Insights for Mungyeong-si

  • The dominant room capacity in Mungyeong-si is 1 bedroom listings, making up 76.7% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
  • Together, 1 bedroom and 2 bedrooms properties represent 88.8% of the active Airbnb listings in Mungyeong-si, indicating a high concentration in these sizes.
  • With over half the market (76.7%) consisting of studios or 1-bedroom units, Mungyeong-si is particularly well-suited for individuals or couples.
  • Listings with 3+ bedrooms (6.1%) represent a smaller niche, potentially indicating an underserved market for larger group accommodations in Mungyeong-si.

Mungyeong-si Vacation Rental Guest Capacity Trends (2025)

Distribution of Listings by Guest Capacity

Guest Capacity Insights for Mungyeong-si

  • The most common guest capacity trend in Mungyeong-si vacation rentals is listings accommodating 8+ guests (45.7%). This suggests the primary traveler segment is likely larger groups.
  • Properties designed for 8+ guests and 4 guests dominate the Mungyeong-si STR market, accounting for 60.4% of listings.
  • 60.4% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Mungyeong-si.
  • On average, properties in Mungyeong-si are equipped to host 5.7 guests.

Mungyeong-si Airbnb Booking Patterns (2025): Available vs. Booked Days

Available Days Distribution

Booked Days Distribution

Booking Pattern Insights for Mungyeong-si

  • The most common availability pattern in Mungyeong-si falls within the 271-366 days range, representing 92.2% of listings. This suggests many properties have significant open periods on their calendars.
  • Approximately 96.5% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
  • For booked days, the 31-90 days range is most frequent in Mungyeong-si (77.6%), reflecting common guest stay durations or potential owner blocking patterns.
  • A notable 3.5% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.

Mungyeong-si Airbnb Minimum Stay Requirements Analysis

Distribution of Listings by Minimum Night Requirement

1 Night (100%)

1 Night

114 listings

100% of total

Key Insights

  • The most prevalent minimum stay requirement in Mungyeong-si is 1 Night, adopted by 100% of listings. This highlights the market's preference for shorter, flexible bookings.
  • A strong majority (100.0%) of the Mungyeong-si Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.

Recommendations

  • Align with the market by considering a 1 Night minimum stay, as 100% of Mungyeong-si hosts use this setting.
  • Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Mungyeong-si.

Mungyeong-si Airbnb Cancellation Policy Trends Analysis (2025)

Flexible (26.7%)

Flexible

8 listings

26.7% of total

Moderate (20%)

Moderate

6 listings

20% of total

Firm (36.7%)

Firm

11 listings

36.7% of total

Strict (16.7%)

Strict

5 listings

16.7% of total

Cancellation Policy Insights for Mungyeong-si

  • The prevailing Airbnb cancellation policy trend in Mungyeong-si is Firm, used by 36.7% of listings.
  • A majority (53.4%) of hosts in Mungyeong-si utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.

Recommendations for Hosts

  • Consider adopting a Firm policy to align with the 36.7% market standard in Mungyeong-si.
  • Regularly review your cancellation policy against competitors and market demand shifts in Mungyeong-si.

Mungyeong-si STR Booking Lead Time Analysis (2025)

Average Booking Lead Time by Month

Booking Lead Time Insights for Mungyeong-si

  • The overall average booking lead time for vacation rentals in Mungyeong-si is 18 days.
  • Guests book furthest in advance for stays during February (average 42 days), likely coinciding with peak travel demand or local events.
  • The shortest booking windows occur for stays in December (average 12 days), indicating more last-minute travel plans during this time.
  • Seasonally, Spring (28 days avg.) sees the longest lead times, while Fall (17 days avg.) has the shortest, reflecting typical travel planning cycles.

Recommendations for Hosts

  • Use the overall average lead time (18 days) as a baseline for your pricing and availability strategy in Mungyeong-si.
  • For February stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 42 days out to capitalize on advance planning.
  • Target marketing efforts for the Spring season well in advance (at least 28 days) to capture early planners.
  • Monitor your own booking lead times against these Mungyeong-si averages to identify opportunities for dynamic pricing adjustments.

Popular & Essential Airbnb Amenities in Mungyeong-si (2025)

Amenity Prevalence

Amenity Insights for Mungyeong-si

  • Essential amenities in Mungyeong-si that guests expect include: Heating, Kitchen, Wifi, Air conditioning, Fire extinguisher, Hot water, Free parking on premises, Refrigerator, Shampoo, Smoke alarm. Lacking these (any) could significantly impact bookings.

Recommendations for Hosts

  • Ensure your listing includes all essential amenities for Mungyeong-si: Heating, Kitchen, Wifi, Air conditioning, Fire extinguisher, Hot water, Free parking on premises, Refrigerator, Shampoo, Smoke alarm.
  • Prioritize adding missing essentials: Air conditioning, Fire extinguisher, Hot water, Free parking on premises, Refrigerator, Shampoo, Smoke alarm.
  • Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
  • Regularly check competitor amenities in Mungyeong-si to stay competitive.

Mungyeong-si Airbnb Guest Demographics & Profile Analysis (2025)

Guest Origin: Domestic vs. International
Top 5 Cities of Origin
Top 5 Countries of Origin
Top 5 Languages Spoken
Guest Age Distribution (Birth Decade)

Guest Profile Summary for Mungyeong-si

  • The typical guest profile for Airbnb in Mungyeong-si consists of primarily domestic travelers (85%), often arriving from nearby Seoul, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking Korean or English.
  • Domestic travelers account for 85.0% of guests.
  • Key international markets include South Korea (85%) and United States (5.6%).
  • Top languages spoken are Korean (45.5%) followed by English (33.8%).
  • A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.

Recommendations for Hosts

  • Target domestic marketing efforts towards travelers from Seoul and Daegu.
  • Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
  • Highlight unique local experiences or amenities relevant to the primary guest profile.
  • Consider seasonal promotions aligned with peak travel times for key origin markets.

Nearby Short-Term Rental Market Comparison

How does the Mungyeong-si Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.

MarketActive PropertiesMonthly RevenueDaily RateAvg. Occupancy
Wondeok-ri13$2,623$204.7240%
Nomun-ri10$2,592$293.0521%
Seorak-myeon11$2,503$189.5435%
Yeoju-si28$2,169$217.2730%
Homyeong-ri24$2,126$345.3428%
Yangpyeong-gun13$1,962$234.6030%
Mugan-ri15$1,923$218.0826%
Gapcheon-myeon11$1,820$142.3741%
Seorak10$1,744$190.4030%
Gui-myeon12$1,626$181.8729%

Maximize Your Airbnb Income in Mungyeong-si

Access granular Airbnb data and short term rental analytics. Understand Airbnb occupancy rates, ADR trends, and revenue potential. Optimize your pricing strategy!

Discover Market Insights