Mijo-myeon Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in South Gyeongsang, South Korea
Is Airbnb profitable in Mijo-myeon in 2025? Explore comprehensive Airbnb analytics for Mijo-myeon, South Gyeongsang, South Korea to uncover income potential. This 2025 STR market report for Mijo-myeon, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 28 active listings.
Whether you're considering an Airbnb investment in Mijo-myeon, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Mijo-myeon Airbnb data is crucial. Understanding the local regulations is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Mijo-myeon Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Mijo-myeon (2025)
Understanding the monthly revenue variations for Airbnb listings in Mijo-myeon 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 Mijo-myeon is typically May, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Mijo-myeon across different performance tiers:
- Best-in-class properties (Top 10%) achieve $3,331+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $1,857 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $966 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $412, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Mijo-myeon
Mijo-myeon Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Mijo-myeon STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while March 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 Mijo-myeon:
- Best-in-class properties (Top 10%) achieve 51%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 33% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 18%.
- Entry-level properties (Bottom 25%) average 10% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Mijo-myeon
Average Daily Rate (ADR) Airbnb Trends in Mijo-myeon (2025)
Effective short term rental pricing strategy in Mijo-myeon involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Mijo-myeon typically peaks in July and dips lowest during March. 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 $243+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $169 or more.
- Typical properties (Median) charge around $126 per night.
- Entry-level properties (Bottom 25%) earn around $99 per night.
Average Daily Rate (ADR) Trend by Month in Mijo-myeon
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Airbnb Seasonality Analysis & Trends in Mijo-myeon (2025)
Peak Season (May, April, June)
- Revenue averages $2,534 per month
- Occupancy rates average 25.3%
- Daily rates average $158
Shoulder Season
- Revenue averages $1,159 per month
- Occupancy maintains around 23.6%
- Daily rates hold near $148
Low Season (January, February, March)
- Revenue drops to average $819 per month
- Occupancy decreases to average 19.9%
- Daily rates adjust to average $124
Seasonality Insights for Mijo-myeon
- The Airbnb seasonality in Mijo-myeon 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 Mijo-myeon's highest earning potential, with monthly revenues capable of climbing to $3,100, occupancy reaching a high of 30.7%, and ADRs peaking at $166.
- 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 $781, occupancy could drop to 15.1%, and ADRs may adjust down to $121.
- 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 Mijo-myeon.
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 Mijo-myeon seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Mijo-myeon (2025)
Exploring the top neighborhoods for short-term rentals in Mijo-myeon? 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 / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Mijo-myeon Center | The central area of Mijo-myeon offering convenient access to local amenities and services. It’s ideal for guests looking for a blend of rural charm and modern convenience. | Mijo-myeon Market, local eateries, community parks |
| Mijo Forest Park | A serene area surrounded by nature and tranquility. Perfect for tourists who enjoy outdoor activities such as hiking and exploring beautiful landscapes. | Forest trails, picnic areas, nature observation spots |
| Mijo Historical Site | Rich in history and culture, this area attracts guests interested in the heritage of South Korea. It is an opportunity to explore traditional architecture and local history. | Historical buildings, cultural exhibitions, local festivals |
| Daehang-dong | A lively district known for its cultural activities and local events. It’s a hotspot for visitors wanting to experience the local atmosphere and community. | Cultural festivals, local performances, community gardens |
| Mijo Artisan Village | Features traditional crafts and artisans. This area attracts tourists interested in handmade goods and cultural experiences, providing a unique stay. | Craft workshops, artisan shops, local cuisine |
| Namhae Island Viewpoints | Stunning coastal views that are popular with sightseers and nature lovers. Ideal for those seeking a peaceful getaway and scenic landscapes. | Scenic overlooks, beach access, nature trails |
| Waryong Mountain | A popular destination for hikers and adventure seekers. Its trails and natural beauty make it a great spot for vacation rentals focused on outdoor activities. | Hiking trails, camping areas, natural beauty spots |
| Rural Countryside | Offers a quiet retreat from city life, attracting guests looking for peace and solitude. Perfect for those wishing to experience traditional rural living. | Rice fields, traditional farms, scenic countryside views |
Understanding Airbnb License Requirements & STR Laws in Mijo-myeon (2025)
With 14% of listings showing registration in 2025, understanding potential Airbnb license requirements is crucial in Mijo-myeon. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Mijo-myeon to ensure full compliance before hosting.
(Source: AirROI data, 2025, based on 14% licensed listings)
Top Performing Airbnb Properties in Mijo-myeon (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Mijo-myeonbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Gumtergi Namhae, Bada Chae
Entire Place • 1 bedroom
New pension on the 2nd floor with Finnish sauna -Hosanna The Ocean Namhae
Entire Place • 2 bedrooms
Gumtergi Namhae, Seomchae
Entire Place • 1 bedroom
Namhae Coexistay
Entire Place • 2 bedrooms
빌라마래_101 Villa Mare Namhae
Entire Place • 2 bedrooms
Room 204 with a neat interior with ocean view
Entire Place • 1 bedroom
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Mijo-myeon (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Mijo-myeon based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| 은숙 | 2 | $93,043 | 160 | 4.98/5.0 |
| Onda | 11 | $74,043 | 18 | 0.75/5.0 |
| 공숙 | 2 | $53,122 | 20 | 2.45/5.0 |
| 숙경 | 2 | $42,145 | 149 | 4.92/5.0 |
| Inhee | 1 | $25,870 | 49 | 4.92/5.0 |
| 영지 | 2 | $17,139 | 101 | 4.95/5.0 |
| JinSun | 6 | $8,580 | 24 | 2.41/5.0 |
| Onda | 1 | $8,049 | 7 | 4.86/5.0 |
| 문숙 | 1 | $7,137 | 3 | 5.00/5.0 |
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 Mijo-myeon.
Dive Deeper: Advanced Mijo-myeon STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Mijo-myeon. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsMijo-myeon Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Mijo-myeon
- The Mijo-myeon Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 85.7% of the 28 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Mijo-myeon, Hotel/Boutique properties are the most common (60.7%), reflecting the local real estate landscape.
- Houses represent a significant 35.7% portion, catering likely to families or larger groups.
- The presence of 60.7% Hotel/Boutique listings indicates integration with traditional hospitality.
- Smaller segments like apartment/condo (combined 3.6%) offer potential for unique stay experiences.
Mijo-myeon Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Mijo-myeon
- The dominant room capacity in Mijo-myeon is 1 bedroom listings, making up 75% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 92.9% of the active Airbnb listings in Mijo-myeon, indicating a high concentration in these sizes.
- With over half the market (75%) consisting of studios or 1-bedroom units, Mijo-myeon is particularly well-suited for individuals or couples.
Mijo-myeon Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Mijo-myeon
- The most common guest capacity trend in Mijo-myeon vacation rentals is listings accommodating 4 guests (35.7%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Mijo-myeon STR market, accounting for 60.7% of listings.
- 14.2% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Mijo-myeon.
- On average, properties in Mijo-myeon are equipped to host 3.9 guests.
Mijo-myeon Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Mijo-myeon
- The most common availability pattern in Mijo-myeon falls within the 271-366 days range, representing 71.4% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 89.3% 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 Mijo-myeon (46.4%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 10.7% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Mijo-myeon Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
27 listings
100% of total
Key Insights
- The most prevalent minimum stay requirement in Mijo-myeon 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 Mijo-myeon 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 Mijo-myeon hosts use this setting.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Mijo-myeon.
Mijo-myeon Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
3 listings
20% of total
Moderate
5 listings
33.3% of total
Firm
4 listings
26.7% of total
Strict
3 listings
20% of total
Cancellation Policy Insights for Mijo-myeon
- The prevailing Airbnb cancellation policy trend in Mijo-myeon is Moderate, used by 33.3% of listings.
- There's a relatively balanced mix between guest-friendly (53.3%) and stricter (46.7%) policies, offering choices for different guest needs.
Recommendations for Hosts
- Consider adopting a Moderate policy to align with the 33.3% market standard in Mijo-myeon.
- Regularly review your cancellation policy against competitors and market demand shifts in Mijo-myeon.
Mijo-myeon STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Mijo-myeon
- The overall average booking lead time for vacation rentals in Mijo-myeon is 17 days.
- Guests book furthest in advance for stays during October (average 51 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in May (average 14 days), indicating more last-minute travel plans during this time.
- Seasonally, Fall (35 days avg.) sees the longest lead times, while Spring (17 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (17 days) as a baseline for your pricing and availability strategy in Mijo-myeon.
- For October stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 51 days out to capitalize on advance planning.
- Target marketing efforts for the Fall season well in advance (at least 35 days) to capture early planners.
- Monitor your own booking lead times against these Mijo-myeon averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Mijo-myeon (2025)
Amenity Prevalence
Amenity Insights for Mijo-myeon
- Essential amenities in Mijo-myeon that guests expect include: Free parking on premises, Wifi, Heating, Air conditioning, Kitchen, Fire extinguisher, Hair dryer, Essentials, Hot water, Shampoo. Lacking these (any) could significantly impact bookings.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Mijo-myeon: Free parking on premises, Wifi, Heating, Air conditioning, Kitchen, Fire extinguisher, Hair dryer, Essentials, Hot water, Shampoo.
- Prioritize adding missing essentials: Hair dryer, Essentials, Hot water, Shampoo.
- 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 Mijo-myeon to stay competitive.
Mijo-myeon Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Mijo-myeon
- The typical guest profile for Airbnb in Mijo-myeon consists of primarily domestic travelers (86%), 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 86.4% of guests.
- Key international markets include South Korea (86.4%) and France (4.5%).
- Top languages spoken are Korean (55%) followed by English (27.5%).
- 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 Busan.
- 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 Mijo-myeon 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.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Sasebo | 24 | $2,965 | $262.52 | 38% |
| Gui-myeon | 12 | $1,626 | $181.87 | 29% |
| Iki | 14 | $1,596 | $152.75 | 29% |
| Tsushima | 30 | $1,575 | $176.96 | 42% |
| Hakdong-ri | 41 | $1,525 | $267.70 | 27% |
| Sanggwan-myeon | 15 | $1,377 | $153.69 | 27% |
| Busan | 5,010 | $1,310 | $109.11 | 44% |
| Yongso-ri | 11 | $1,299 | $168.87 | 26% |
| Gwangui-myeon | 10 | $1,297 | $126.80 | 34% |
| Wonyul-ri | 23 | $1,286 | $211.47 | 27% |