Airbnb Market Analytics, Statistics and Data in Mokpo-si, South Jeolla, South Korea
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Mokpo-si? 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 Mokpo-si:
How much do Airbnb hosts make on average per month in Mokpo-si?
The short-term rental market in Mokpo-si 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 $808 per month
- Strong performing properties (top 25%) make $1,604 or more
- Best-in-class properties (top 10%) achieve $2,648+ monthly
- Entry-level properties (bottom 25%) typically earn around $325
Revenue Variations by Month
Occupancy Rates Throughout the Year in Mokpo-si
The market in Mokpo-si 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 30% occupancy rates
- Strong performing properties (top 25%) achieve 48% or higher
- Best-in-class properties (top 10%) reach 66%+occupancy
- Entry-level properties (bottom 25%) average around 16%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Mokpo-si
Daily rates in Mokpo-si 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 $69 per night
- Strong performing properties (top 25%) secure $104 or more
- Best-in-class properties (top 10%) pull in $162+ per night
- Entry-level properties (bottom 25%) earn around $46
Daily Rate Variations by Month
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Seasonality patterns in Mokpo-si
Peak Season (June, May, April)
- Revenue peaks at $1454.61 per month
- Occupancy rates reach 42.88%
- Daily rates average $105.84
Shoulder Season
- Revenue averages $1209.95 per month
- Occupancy maintains 33.93%
- Daily rates hold at $92.87
Low Season (July, December, September)
- Revenue drops to $900.14 per month
- Occupancy decreases to 26.57%
- Daily rates adjust to $85.79
Is it still profitable to do Airbnb in Mokpo-si in 2025?
Yes! Mokpo-si demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 34% and monthly revenue averaging $1210 and The market's 187 active listings indicate growing demand with plenty of opportunity for new properties. 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 Mokpo-si
Area | Why Choose This Area | Key Attractions |
---|---|---|
Mokpo Hanok Village | A charming area featuring traditional Korean houses (hanoks), ideal for tourists seeking cultural experiences. The village attracts visitors interested in Korean history and architecture. | Mokpo Hanok Village, Yudal Mountain, Mokpo Modern History Museum, Seaweed Museum, Mokpo Maritime Museum |
Mokpo Port | Vibrant harbor area known for its seafood restaurants and stunning ocean views. It's a popular spot for tourists looking to explore the maritime culture and enjoy fresh seafood. | Mokpo Port, Mokpo Bridge, Jukdo Island, Coastal Walking Trail, Nammangsan Scenic Cable Car |
Yudal Mountain | Scenic area offering hiking opportunities and panoramic views of Mokpo. Perfect for nature lovers and those who seek outdoor activities. | Yudal Mountain, Yudal Park, Mokpo Observatory, Hiking Trails, Natural Landscape |
Mokpo Cultural Complex | An artistic hub that hosts various cultural events, performances, and exhibitions. It draws tourists who enjoy arts and cultural experiences. | Mokpo Cultural Complex, Mokpo Art Center, Performing Arts Theatre, Exhibitions, Cultural Festivals |
Mokpo Chinatown | A bustling area showcasing Chinese culture and cuisine in Mokpo. Visitors can experience unique food and shopping opportunities. | Mokpo Chinatown, Chinese Temples, Asian Cuisine Restaurants, Cultural Events, Markets |
Daejeong Port | A picturesque port area known for leisure activities and beautiful sunsets, attracting tourists looking for relaxation and entertainment opportunities. | Daejeong Port, Ferry Services, Fishing Spots, World Cup Marine Park, Scenic Views |
Gohyeon-dong | A commercial and shopping district that draws locals and tourists alike, offering diverse shopping and dining experiences. | Gohyeon Market, Shopping Centers, Dining Options, Local Cuisine, Cafes and Bars |
Mokpo National University | A vibrant and youthful area due to the presence of the university, it's popular among students and young travelers looking for budget accommodations. | Mokpo National University, Student Cafes, Cultural Events, Community Activities, Youth Hostels |
Do you need a license for Airbnb in Mokpo-si?
We recommend checking directly with Mokpo-si's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (22% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Mokpo-si
![Mokpo Yosul Lamp Guesthouse [Magicamp room]](https://a0.muscache.com/im/pictures/hosting/Hosting-U3RheVN1cHBseUxpc3Rpbmc6MzExNzkwNjE%3D/original/5fa404b3-496e-4d8c-acd0-39c405da9c4e.jpeg)
Mokpo Yosul Lamp Guesthouse [Magicamp room]
Entire Place • 3 bedrooms
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Mokpo Yudalsan Sultei
Entire Place • 1 bedroom
![[Stay75] 4-minute walk from Mokpo Station 3 rooms 50 pyeong_Rooftop private use](https://a0.muscache.com/im/pictures/25318095-469f-4a3e-ba9e-9f8be17a7fb4.jpg)
[Stay75] 4-minute walk from Mokpo Station 3 rooms 50 pyeong_Rooftop private use
Entire Place • 3 bedrooms
![[Nustay] Private house on the 2nd floor near Mokpo Station: Rooftop Ocean View & Mountain View](https://a0.muscache.com/im/pictures/hosting/Hosting-U3RheVN1cHBseUxpc3Rpbmc6MTA3NTAzNjExMTgwNzg5NjAxMw%3D%3D/original/34e92a6c-dc2d-4255-942f-8dce082852fa.jpeg)
[Nustay] Private house on the 2nd floor near Mokpo Station: Rooftop Ocean View & Mountain View
Entire Place • 2 bedrooms
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January discount/New Year's Sea Sunrise House/Mokpo Restaurant/69 pyeong sea view/Fountain. View of
Entire Place • 3 bedrooms
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Mukgo () Guesthouse
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Mokpo-si
Additional analytics on vacation rental, real estate, short term rental data in Mokpo-si
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 private room listings (56.1%), with house and boutique & hotels properties comprising 80.7% of inventory
- Strong specialty sector (31.5%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in unique stays, others segments (1.0% combined)
Room Capacity Distribution
Analysis of 187 properties in Mokpo-si shows that 1 bedroom properties are most prevalent, making up 44.9% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 57.2% of all listings.
Key Insights
- Most common: 1 bedroom (44.9%)
- Least common: 5+ bedrooms (1.6%)
- Market concentration: 57.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 187 properties in Mokpo-si reveals that 4 guests properties dominate the market, representing 19.3% of all listings. The average property accommodates 2.5 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 37.4% of the market.
Key Insights
- Most common capacity: 4 guests (19.3% of market)
- Least common capacity: 5 guests (3.2% of market)
- Average guest capacity: 2.5 guests per property
- Market concentration: 37.4% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 187 properties in Mokpo-si, the most common availability pattern is 271-366 days (45.5% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (31.6% of properties).
Key Insights
- Most common availability window: 271-366 days (45.5%)
- Most common booking duration: 91-180 days (31.6%)
- Properties with high availability (180+ days): 75.4%
- Properties with long-term bookings (180+ days): 25.1%
Minimum Stay Distributions
1 Night
173 listings
98.3% of total
2 Nights
2 listings
1.1% of total
30+ Nights
1 listings
0.6% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 99.4%
- Mid-length stays (4-6 nights) represent 0% of listings
- Monthly+ stays (0.6%) suggest a stable extended-stay market
- High market flexibility with 99.4% 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
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
34 listings
20.4% of total
Moderate
89 listings
53.3% of total
Firm
31 listings
18.6% of total
Strict
13 listings
7.8% of total
Key Insights
- Moderate is the preferred policy at 53.3% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 73.7% of the market
- Strong market consensus around Moderate policies
- Strict policies are least common at 7.8% 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 May, Sep, Jun, averaging 33 days
- Shortest booking windows are in Mar, Jan, Dec, averaging 18 days
- Fall shows the longest average booking window at 30 days, while Winter has the shortest at 19 days
Recommendations
- Implement dynamic pricing strategies for Fall bookings at least 30 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Dec when lead times are shortest
Popular Airbnb Amenities in Mokpo-si
Below is the distribution of amenities across listings in Mokpo-si:
Traveler Demographics
Key Insights
- Domestic travelers make up 82.6% of total guests, indicating a dominant local market share.
- Primary international markets: United States (4.8%) and France (2.8%)
- Korean is the top language at 50%, followed by English (36.8%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.1%
Recommendations
- Target marketing campaigns for Seoul and Gwangju markets
- Develop localized content for United States and France
- Prioritize Korean and English 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 Mokpo-si. These nearby markets offer diverse opportunities for property investors and hosts:
Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
---|---|---|---|---|
Gui-myeon | 12 | $1,825 | $180.03 | 30% |
Sanggwan-myeon | 16 | $1,545 | $155.57 | 29% |
Gimje-si | 14 | $1,509 | $167.78 | 25% |
Gwangui-myeon | 10 | $1,389 | $121.90 | 35% |
Hakdong-ri | 41 | $1,351 | $295.38 | 28% |
Jeju | 6,536 | $1,257 | $111.66 | 40% |
Yongso-ri | 16 | $1,143 | $184.90 | 28% |
Wonyul-ri | 25 | $1,139 | $218.27 | 28% |
Masan-myeon | 33 | $1,100 | $103.98 | 33% |
Cheongam-myeon | 11 | $1,074 | $161.23 | 20% |
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