Homewood Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Illinois, United States
Is Airbnb profitable in Homewood in 2025? Explore comprehensive Airbnb analytics for Homewood, Illinois, United States to uncover income potential. This 2025 STR market report for Homewood, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 20 active listings.
Whether you're considering an Airbnb investment in Homewood, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Homewood 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 Homewood Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Homewood (2025)
Understanding the monthly revenue variations for Airbnb listings in Homewood 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 Homewood is typically April, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Homewood across different performance tiers:
- Best-in-class properties (Top 10%) achieve $6,654+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $5,105 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $3,506 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $2,455, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Homewood
Homewood Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Homewood STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Junesees 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 Homewood:
- Best-in-class properties (Top 10%) achieve 83%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 78% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 61%.
- Entry-level properties (Bottom 25%) average 34% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Homewood
Average Daily Rate (ADR) Airbnb Trends in Homewood (2025)
Effective short term rental pricing strategy in Homewood involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Homewood typically peaks in December and dips lowest during April. 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 $404+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $284 or more.
- Typical properties (Median) charge around $199 per night.
- Entry-level properties (Bottom 25%) earn around $158 per night.
Average Daily Rate (ADR) Trend by Month in Homewood
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Airbnb Seasonality Analysis & Trends in Homewood (2025)
Peak Season (April, May, June)
- Revenue averages $4,806 per month
- Occupancy rates average 58.6%
- Daily rates average $237
Shoulder Season
- Revenue averages $3,899 per month
- Occupancy maintains around 58.0%
- Daily rates hold near $241
Low Season (January, February, March)
- Revenue drops to average $2,898 per month
- Occupancy decreases to average 49.9%
- Daily rates adjust to average $234
Seasonality Insights for Homewood
- The Airbnb seasonality in Homewood shows moderate seasonality with distinct peak and low periods. 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 Homewood's highest earning potential, with monthly revenues capable of climbing to $5,175, occupancy reaching a high of 70.0%, and ADRs peaking at $248.
- 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 $2,496, occupancy could drop to 45.7%, and ADRs may adjust down to $229.
- 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 Homewood.
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 Homewood seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Homewood (2025)
Exploring the top neighborhoods for short-term rentals in Homewood? 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 |
|---|---|---|
| Downtown Homewood | The heart of the village, featuring a mix of local shops, restaurants, and community parks. Ideal for visitors looking for convenience and a vibrant atmosphere. | Homewood Flossmoor Park District, Homewood Historical Society, local dining options, shopping boutiques, Homewood Farmers Market |
| Homewood Historical District | A picturesque area with charming historic homes and proximity to local museums. Great for travelers interested in history and local culture. | Homewood Village Center, Arts and Culture Center, historic architecture, local community events |
| Ivy League Estates | A quiet, residential neighborhood with spacious homes and family-friendly amenities. Attractive for families visiting or relocating. | private parks, schools, community events |
| Ridge Road Corridor | A bustling area with a mix of retail and service businesses, making it convenient for visitors needing access to amenities. | variety of dining options, retail shops, easy access to transportation |
| Hogan's Park | A family-friendly area with access to parks and recreation, popular for nature lovers and those enjoying outdoor activities. | Hogan's Park, Walking and biking trails, local community sports events |
| Crown Point | An emerging area with new developments and local eateries. Good investment potential as more visitors seek modern facilities. | local eateries, art galleries, emerging shops |
| Homewood Golf Course | A serene neighborhood surrounding the golf course, attractive for visitors who appreciate golf and nature. | Homewood Golf Course, green spaces, casual dining nearby |
| Old Homewood | Quaint and historic, providing a unique charm and character. Popular for those looking to experience the authentic local vibe. | historic homes, small local shops, community events |
Understanding Airbnb License Requirements & STR Laws in Homewood (2025)
While Homewood, Illinois, United States 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 Homewood to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Homewood (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Homewoodbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Horizon - 4 BRs, 2 BA Game Room & Gym
Entire Place • 4 bedrooms
Dream Stay - Modern Bungalow Near Downtown
Entire Place • 4 bedrooms
Peaceful & Private Hot Tub Vacation Home Getaway
Entire Place • 2 bedrooms
Spacious and Cozy Oasis Close to Fun
Entire Place • 2 bedrooms
Boulderstrewn: Historic Homewood home
Entire Place • 3 bedrooms
Cozy & Lavish 2B/1B in Homewood!
Entire Place • 2 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Homewood (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Homewood 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 |
|---|---|---|---|---|
| Michael & KP | 2 | $88,943 | 124 | 4.96/5.0 |
| Blaine | 1 | $74,748 | 30 | 4.67/5.0 |
| Urania | 1 | $60,973 | 12 | 5.00/5.0 |
| Jon | 1 | $46,150 | 60 | 4.87/5.0 |
| Peter | 1 | $40,939 | 87 | 4.92/5.0 |
| Sharrieh | 1 | $38,789 | 29 | 4.90/5.0 |
| Rob | 1 | $38,151 | 50 | 4.92/5.0 |
| Evolve | 1 | $34,551 | 4 | 3.75/5.0 |
| Marcia | 1 | $33,512 | 98 | 4.73/5.0 |
| Liz | 1 | $32,237 | 70 | 4.94/5.0 |
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 Homewood.
Dive Deeper: Advanced Homewood STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Homewood. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsHomewood Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Homewood
- The Homewood Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 100% of the 20 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Homewood, House properties are the most common (80%), reflecting the local real estate landscape.
- Houses represent a significant 80% portion, catering likely to families or larger groups.
Homewood Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Homewood
- The dominant room capacity in Homewood is 2 bedrooms listings, making up 45% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 2 bedrooms and 3 bedrooms properties represent 65.0% of the active Airbnb listings in Homewood, indicating a high concentration in these sizes.
- A significant 45.0% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Homewood.
Homewood Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Homewood
- The most common guest capacity trend in Homewood vacation rentals is listings accommodating 8+ guests (40%). This suggests the primary traveler segment is likely larger groups.
- Properties designed for 8+ guests and 3 guests dominate the Homewood STR market, accounting for 60.0% of listings.
- 50.0% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Homewood.
- On average, properties in Homewood are equipped to host 5.6 guests.
Homewood Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Homewood
- The most common availability pattern in Homewood falls within the 271-366 days range, representing 40% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 60.0% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Homewood (20%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 40.0% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Homewood Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
2 listings
11.1% of total
2 Nights
9 listings
50% of total
3 Nights
2 listings
11.1% of total
4-6 Nights
2 listings
11.1% of total
30+ Nights
3 listings
16.7% of total
Key Insights
- The most prevalent minimum stay requirement in Homewood is 2 Nights, adopted by 50% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (61.1%) of the Homewood Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
- A significant segment (16.7%) caters to monthly stays (30+ nights) in Homewood, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 50% of Homewood hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 11.1% currently do.
- A 2-night minimum appears standard (50%). Consider this for weekends or peak periods.
- Explore offering discounts for stays of 30+ nights to attract the 16.7% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Homewood.
Homewood Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
1 listings
6.7% of total
Moderate
5 listings
33.3% of total
Firm
5 listings
33.3% of total
Strict
4 listings
26.7% of total
Cancellation Policy Insights for Homewood
- The prevailing Airbnb cancellation policy trend in Homewood is Moderate, used by 33.3% of listings.
- A majority (60.0%) of hosts in Homewood utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Moderate policy to align with the 33.3% market standard in Homewood.
- Regularly review your cancellation policy against competitors and market demand shifts in Homewood.
Homewood STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Homewood
- The overall average booking lead time for vacation rentals in Homewood is 25 days.
- Guests book furthest in advance for stays during July (average 60 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in March (average 15 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (42 days avg.) sees the longest lead times, while Spring (27 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (25 days) as a baseline for your pricing and availability strategy in Homewood.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 60 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 42 days) to capture early planners.
- Monitor your own booking lead times against these Homewood averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Homewood (2025)
Amenity Prevalence
Amenity Insights for Homewood
- Essential amenities in Homewood that guests expect include: Hot water, Wifi, Carbon monoxide alarm, TV, Smoke alarm, Free parking on premises, Air conditioning, Heating, Essentials, Kitchen. Lacking these (any) could significantly impact bookings.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Homewood: Hot water, Wifi, Carbon monoxide alarm, TV, Smoke alarm, Free parking on premises, Air conditioning, Heating, Essentials, Kitchen.
- Prioritize adding missing essentials: Essentials, Kitchen.
- 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 Homewood to stay competitive.
Homewood Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Homewood
- The typical guest profile for Airbnb in Homewood consists of primarily domestic travelers (96%), often arriving from nearby Chicago, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 96.1% of guests.
- Key international markets include United States (96.1%) and Canada (1.7%).
- Top languages spoken are English (76.4%) followed by Spanish (11.8%).
- 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 Chicago and Homewood.
- 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 Homewood 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 |
|---|---|---|---|---|
| Town of Sugar Creek | 17 | $8,213 | $658.36 | 50% |
| Twin Lakes | 26 | $6,719 | $515.43 | 45% |
| Fennville | 10 | $5,326 | $372.77 | 44% |
| Saugatuck Township | 140 | $5,282 | $462.94 | 43% |
| Laketown Township | 62 | $5,207 | $457.63 | 45% |
| Port Sheldon Township | 27 | $5,185 | $511.35 | 52% |
| Lake Geneva | 167 | $4,958 | $408.65 | 44% |
| Lake Villa | 10 | $4,889 | $294.85 | 57% |
| McHenry | 31 | $4,820 | $436.41 | 44% |
| New Buffalo Township | 253 | $4,731 | $602.57 | 36% |