Airbnb Market Analytics, Statistics and Data in Westfield, Indiana, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Westfield? 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 Westfield:
How much do Airbnb hosts make on average per month in Westfield?
The short-term rental market in Westfield 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 $4,346 per month
- Strong performing properties (top 25%) make $6,575 or more
- Best-in-class properties (top 10%) achieve $9,095+ monthly
- Entry-level properties (bottom 25%) typically earn around $2,441
Revenue Variations by Month
Occupancy Rates Throughout the Year in Westfield
The market in Westfield 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 41% occupancy rates
- Strong performing properties (top 25%) achieve 62% or higher
- Best-in-class properties (top 10%) reach 80%+occupancy
- Entry-level properties (bottom 25%) average around 25%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Westfield
Daily rates in Westfield 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 $256 per night
- Strong performing properties (top 25%) secure $350 or more
- Best-in-class properties (top 10%) pull in $495+ per night
- Entry-level properties (bottom 25%) earn around $187
Daily Rate Variations by Month
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Seasonality patterns in Westfield
Peak Season (June, July, May)
- Revenue peaks at $7011.54 per month
- Occupancy rates reach 68.80%
- Daily rates average $328.51
Shoulder Season
- Revenue averages $4900.42 per month
- Occupancy maintains 44.41%
- Daily rates hold at $296.63
Low Season (September, December, January)
- Revenue drops to $3034.19 per month
- Occupancy decreases to 35.07%
- Daily rates adjust to $271.77
Is it still profitable to do Airbnb in Westfield in 2025?
Yes! Westfield demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 44% and strong monthly revenue averaging $4900 and The market's 122 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 Westfield
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Westfield | The heart of Westfield, featuring vibrant shops, restaurants, and local businesses. Easy access to community events and a great place for families and tourists alike. | The Westfield Farmers Market, Grand Junction Plaza, Local restaurants and shops, Westfield Playhouse |
| Westfield Washington Schools | Families prioritize locations near quality schools. This area appeals to family visitors and long-term rentals. | Westfield High School, Westfield Middle School, Local parks, Family-friendly activities |
| Quaker Park | A beautiful area surrounded by nature, great for outdoor enthusiasts. Attracts visitors for its scenic beauty and recreational opportunities. | Quaker Park Trail, Picnic areas, Sports fields, Nature walks |
| Grand Park | A massive sports complex that attracts athletes and teams from all over. Ideal for hosting families during sports tournaments. | Grand Park Sports Campus, Park facilities, Walking trails, Youth sports events |
| Monon Trail | Popular for biking and hiking, this area attracts those looking to enjoy the outdoors and local scenery. | Monon Trail, Scenic views, Outdoor recreational activities, Access to local shops |
| Maple Glen | A charming residential area that provides a suburban feel with proximity to local amenities, appealing to families and long-term renters. | Community parks, Local schools, Nearby shopping, Family-friendly environment |
| Carefree | A quiet neighborhood with easy access to main roadways, ideal for those looking for a peaceful stay while enjoying local attractions. | Carefree Park, Shopping centers, Community events, Quiet streets |
| Oak Trace | A picturesque neighborhood known for its beautiful homes and friendly community, appealing to visitors looking for a suburban experience. | Oak Trace Elementary, Community parks, Local events, Family-friendly atmosphere |
Do you need a license for Airbnb in Westfield?
We recommend checking directly with Westfield's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Westfield
Farmhouse Estate 5 miles to Christkindlmarkt
Entire Place • 5 bedrooms
New Entire House 1 mile to Grand Park
Entire Place • 5 bedrooms
Poppin on Poplar LUXE Sleeps 13
Entire Place • 3 bedrooms
Stylish Comfort and Hot Tub at Clay Terrace
Entire Place • 4 bedrooms
Entire House In Westfield 10 Beds 6 bedrooms
Entire Place • 6 bedrooms
The Retreat minutes from Grand Park
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Westfield
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Cara | 4 | $226,472 | 184 | 4.99/5.0 |
| Susie | 5 | $212,520 | 425 | 4.97/5.0 |
| Darin | 3 | $205,242 | 215 | 4.94/5.0 |
| Michael | 3 | $186,647 | 141 | 4.93/5.0 |
| Brentwood | 4 | $180,802 | 81 | 4.75/5.0 |
| Tafi & Aaron | 2 | $150,854 | 98 | 4.93/5.0 |
| Christopher | 2 | $145,253 | 15 | 2.50/5.0 |
| Brett | 2 | $144,775 | 62 | 4.97/5.0 |
| Heather | 1 | $142,796 | 35 | 4.97/5.0 |
| Qing | 1 | $128,972 | 45 | 4.96/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Westfield
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 (98.4%), with house and outdoor & mobile properties comprising 95.1% of inventory
- Untapped potential in outdoor & mobile, boutique & hotels, unique stays, apartment & condo, others segments (7.4% combined)
Room Capacity Distribution
Analysis of 122 properties in Westfield shows that 3 bedrooms properties are most prevalent, making up 45.9% of the market. The market tends to favor larger properties, with 3 bedrooms and 4 bedrooms together representing 74.6% of all listings.
Key Insights
- Most common: 3 bedrooms (45.9%)
- Least common: 1 bedroom (0.8%)
- Market concentration: 74.6% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 122 properties in Westfield reveals that 8+ guests properties dominate the market, representing 72.1% of all listings. The average property accommodates 7.2 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 84.4% of the market.
Key Insights
- Most common capacity: 8+ guests (72.1% of market)
- Least common capacity: 5 guests (1.6% of market)
- Average guest capacity: 7.2 guests per property
- Market concentration: 84.4% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 122 properties in Westfield, the most common availability pattern is 181-270 days (41% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (40.2% of properties).
Key Insights
- Most common availability window: 181-270 days (41%)
- Most common booking duration: 181-270 days (40.2%)
- Properties with high availability (180+ days): 56.6%
- Properties with long-term bookings (180+ days): 45.9%
Minimum Stay Distributions
1 Night
31 listings
27.9% of total
2 Nights
56 listings
50.5% of total
3 Nights
7 listings
6.3% of total
4-6 Nights
3 listings
2.7% of total
7-29 Nights
7 listings
6.3% of total
30+ Nights
7 listings
6.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 78.4%
- Mid-length stays (4-6 nights) represent 2.7% of listings
- Monthly+ stays (6.3%) suggest a stable extended-stay market
- High market flexibility with 84.7% 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
1 listings
0.9% of total
Flexible
18 listings
16.1% of total
Moderate
33 listings
29.5% of total
Firm
40 listings
35.7% of total
Strict
20 listings
17.9% of total
Key Insights
- Firm is the preferred policy at 35.7% of listings
- The market shows a balanced distribution between guest-friendly (45.6%) and strict (53.6%) policies
- Strong market consensus around Firm policies
- Super Strict 30 Days policies are least common at 0.9% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Firm policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, May, Jun, averaging 99 days
- Shortest booking windows are in Mar, Sep, Jan, averaging 34 days
- Summer shows the longest average booking window at 89 days, while Winter has the shortest at 43 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 89 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Jan when lead times are shortest
Popular Airbnb Amenities in Westfield
Every property in Westfield comes standard with Free parking on premises. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 98.1% of total guests, indicating a dominant local market share.
- Primary international markets: France (0.3%) and Canada (0.3%)
- English is the top language at 86.5%, followed by Spanish (9.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.8%
Recommendations
- Target marketing campaigns for Chicago and Indianapolis markets
- Develop localized content for France and Canada
- Prioritize English and Spanish 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 Westfield. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| New Buffalo Township | 264 | $4,939 | $636.34 | 37% |
| Knox | 29 | $4,862 | $451.50 | 36% |
| Addison Township | 14 | $4,686 | $345.39 | 50% |
| Oronoko Charter Township | 27 | $4,669 | $476.56 | 42% |
| Elmhurst | 15 | $4,603 | $317.71 | 52% |
| New Buffalo | 146 | $4,589 | $411.65 | 43% |
| Berrien Township | 17 | $4,434 | $326.96 | 41% |
| Lake Charter Township | 71 | $4,377 | $425.47 | 43% |
| Chikaming Township | 301 | $4,220 | $488.62 | 39% |
| Fabius Township | 18 | $4,160 | $389.65 | 37% |
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