North Spearfish Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in South Dakota, United States
Is Airbnb profitable in North Spearfish in 2025? Explore comprehensive Airbnb analytics for North Spearfish, South Dakota, United States to uncover income potential. This 2025 STR market report for North Spearfish, 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 North Spearfish, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the North Spearfish 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 North Spearfish Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in North Spearfish (2025)
Understanding the monthly revenue variations for Airbnb listings in North Spearfish 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 North Spearfish is typically July, while January often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in North Spearfish across different performance tiers:
- Best-in-class properties (Top 10%) achieve $6,804+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $4,680 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $3,152 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,985, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in North Spearfish
North Spearfish Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the North Spearfish STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Julysees 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 North Spearfish:
- Best-in-class properties (Top 10%) achieve 80%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 66% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 47%.
- Entry-level properties (Bottom 25%) average 28% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in North Spearfish
Average Daily Rate (ADR) Airbnb Trends in North Spearfish (2025)
Effective short term rental pricing strategy in North Spearfish involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in North Spearfish typically peaks in August and dips lowest during January. 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 $482+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $312 or more.
- Typical properties (Median) charge around $204 per night.
- Entry-level properties (Bottom 25%) earn around $124 per night.
Average Daily Rate (ADR) Trend by Month in North Spearfish
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Airbnb Seasonality Analysis & Trends in North Spearfish (2025)
Peak Season (July, August, June)
- Revenue averages $5,461 per month
- Occupancy rates average 59.4%
- Daily rates average $304
Shoulder Season
- Revenue averages $3,546 per month
- Occupancy maintains around 49.2%
- Daily rates hold near $265
Low Season (January, February, December)
- Revenue drops to average $1,598 per month
- Occupancy decreases to average 37.1%
- Daily rates adjust to average $213
Seasonality Insights for North Spearfish
- The Airbnb seasonality in North Spearfish 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 North Spearfish's highest earning potential, with monthly revenues capable of climbing to $5,648, occupancy reaching a high of 62.9%, and ADRs peaking at $313.
- 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 $1,370, occupancy could drop to 29.4%, and ADRs may adjust down to $210.
- 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 North Spearfish.
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 North Spearfish seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in North Spearfish (2025)
Exploring the top neighborhoods for short-term rentals in North Spearfish? 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 Spearfish | Vibrant area with local shops, restaurants, and easy access to major attractions. Ideal for travelers wanting a taste of local culture and convenience to outdoor activities. | Spearfish Creek, D.C. Booth Historic National Fish Hatchery, Spearfish City Park, Local shops and cafes, Spearfish Arts Center |
| University Area | Home to Black Hills State University, attracting students, faculty, and visitors. Great for affordable accommodations and short-term stays. | Black Hills State University, Spearfish Public Library, Recreation and fitness facilities, Local dining, Cultural events at the university |
| Spearfish Canyon | Stunning natural scenery and outdoor adventure options. Perfect for hikers, photographers, and nature enthusiasts looking for unique experiences. | Spearfish Canyon Scenic Byway, Bridal Veil Falls, Roughlock Falls, Hiking trails, Wildlife sightings |
| Frawley Ranch | A serene, rural section with access to scenic views and tranquility. Great for those looking for a peaceful retreat while still close to the city center. | Beautiful landscapes, Peaceful surroundings, Nearby hiking trails, Wildlife viewing, Local farms |
| Lead-Deadwood | Nearby historic towns that draw tourists for gambling, history, and outdoor activities. Suitable for those looking to attract a mix of tourists and locals. | Historic Main Street, Deadwood's casinos, Lead's mining history, Outdoor recreational areas, Events and festivals |
| Ellsworth AFB Area | Proximity to the military base brings in visitors and temporary residents, making it a strategic location for short-term rentals. | Military events, Base amenities, Access to local dining, Outdoor activities nearby, Historical sites |
| Black Hills Region | Major tourist destination with numerous attractions across a larger area. Ideal for extended stays and group bookings. | Mount Rushmore, Crazy Horse Memorial, Custer State Park, Wild West history, Numerous hiking and biking trails |
| Pactola Lake | A beautiful and serene lake destination, perfect for summer getaways and outdoor lovers looking for water activities and relaxation. | Water sports, Fishing, Camping sites, Scenic views, Picnic areas |
Understanding Airbnb License Requirements & STR Laws in North Spearfish (2025)
While North Spearfish, South Dakota, 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 North Spearfish to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in North Spearfish (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in North Spearfishbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Timberline Overlook
Entire Place • 3 bedrooms
Quiet Getaway in Spearfish Upper Valley
Entire Place • 4 bedrooms
Tiny Timber- Stunning Tiny House
Entire Place • 1 bedroom
SoDak Stay Spearfish
Entire Place • 3 bedrooms
Beautiful Getaway with Hot Tub
Entire Place • 1 bedroom
5b in Amazing Spearfish location
Entire Place • 5 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in North Spearfish (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in North Spearfish 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 |
|---|---|---|---|---|
| Jacquelyn Danae | 3 | $121,635 | 458 | 4.94/5.0 |
| Tracy | 2 | $106,105 | 35 | 4.95/5.0 |
| Victor Management | 2 | $81,440 | 66 | 4.91/5.0 |
| Mandy | 2 | $75,022 | 591 | 4.94/5.0 |
| Cheri | 1 | $53,320 | 15 | 4.47/5.0 |
| JAckie | 1 | $49,603 | 96 | 4.92/5.0 |
| Host #233970286 | 1 | $44,869 | 1 | 0.00/5.0 |
| Faye | 2 | $36,415 | 17 | 4.93/5.0 |
| Kathleen | 1 | $21,364 | 5 | 4.80/5.0 |
| Janie | 1 | $10,406 | 225 | 4.96/5.0 |
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 North Spearfish.
Dive Deeper: Advanced North Spearfish STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for North Spearfish. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsNorth Spearfish Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for North Spearfish
- The North Spearfish Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 90% of the 20 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in North Spearfish, House properties are the most common (75%), reflecting the local real estate landscape.
- Houses represent a significant 75% portion, catering likely to families or larger groups.
North Spearfish Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for North Spearfish
- The dominant room capacity in North Spearfish is 1 bedroom listings, making up 30% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 50.0% of the active Airbnb listings in North Spearfish, indicating a high concentration in these sizes.
- A significant 40.0% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in North Spearfish.
North Spearfish Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for North Spearfish
- The most common guest capacity trend in North Spearfish vacation rentals is listings accommodating 8+ guests (25%). This suggests the primary traveler segment is likely larger groups.
- Properties designed for 8+ guests and 2 guests dominate the North Spearfish STR market, accounting for 45.0% of listings.
- 45.0% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in North Spearfish.
- On average, properties in North Spearfish are equipped to host 4.5 guests.
North Spearfish Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for North Spearfish
- The most common availability pattern in North Spearfish falls within the 271-366 days range, representing 40% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 70.0% 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 North Spearfish (35%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 30.0% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
North Spearfish Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
11 listings
57.9% of total
2 Nights
4 listings
21.1% of total
3 Nights
1 listings
5.3% of total
4-6 Nights
2 listings
10.5% of total
30+ Nights
1 listings
5.3% of total
Key Insights
- The most prevalent minimum stay requirement in North Spearfish is 1 Night, adopted by 57.9% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (79.0%) of the North Spearfish 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 57.9% of North Spearfish hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 5.3% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in North Spearfish.
North Spearfish Airbnb Cancellation Policy Trends Analysis (2025)
Super Strict 60 Days
1 listings
5.6% of total
Super Strict 30 Days
2 listings
11.1% of total
Flexible
6 listings
33.3% of total
Moderate
3 listings
16.7% of total
Firm
5 listings
27.8% of total
Strict
1 listings
5.6% of total
Cancellation Policy Insights for North Spearfish
- The prevailing Airbnb cancellation policy trend in North Spearfish is Flexible, used by 33.3% of listings.
- There's a relatively balanced mix between guest-friendly (50.0%) and stricter (33.4%) policies, offering choices for different guest needs.
- Strict cancellation policies are quite rare (5.6%), potentially making listings with this policy less competitive unless justified by high demand or property type.
Recommendations for Hosts
- Consider adopting a Flexible policy to align with the 33.3% market standard in North Spearfish.
- Using a Strict policy might deter some guests, as only 5.6% of listings use it. Evaluate if potential revenue protection outweighs possible lower booking rates.
- Regularly review your cancellation policy against competitors and market demand shifts in North Spearfish.
North Spearfish STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for North Spearfish
- The overall average booking lead time for vacation rentals in North Spearfish is 51 days.
- Guests book furthest in advance for stays during July (average 108 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 16 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (87 days avg.) sees the longest lead times, while Winter (20 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (51 days) as a baseline for your pricing and availability strategy in North Spearfish.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 108 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 87 days) to capture early planners.
- Monitor your own booking lead times against these North Spearfish averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in North Spearfish (2025)
Amenity Prevalence
Amenity Insights for North Spearfish
- Essential amenities in North Spearfish that guests expect include: Free parking on premises, Wifi, TV, Essentials. Lacking these (any) could significantly impact bookings.
- Popular amenities like Hot water, Coffee maker, Smoke alarm are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for North Spearfish: Free parking on premises, Wifi, TV, Essentials.
- Prioritize adding missing essentials: Essentials.
- Consider adding popular differentiators like Hot water or Coffee maker to increase appeal.
- 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 North Spearfish to stay competitive.
North Spearfish Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for North Spearfish
- The typical guest profile for Airbnb in North Spearfish consists of primarily domestic travelers (96%), often arriving from nearby Sioux Falls, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 95.8% of guests.
- Key international markets include United States (95.8%) and Canada (1.9%).
- Top languages spoken are English (82.4%) followed by Spanish (6.2%).
- 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 Sioux Falls and Rapid City.
- 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 North Spearfish 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 |
|---|---|---|---|---|
| Powder House Pass | 114 | $6,488 | $548.07 | 41% |
| Nemo | 22 | $3,822 | $351.51 | 51% |
| Lead | 478 | $3,302 | $338.95 | 38% |
| Black Hawk | 21 | $3,280 | $282.42 | 47% |
| Deadwood | 137 | $3,111 | $372.71 | 41% |
| Whitewood | 30 | $3,067 | $342.95 | 42% |
| Custer | 253 | $2,991 | $269.25 | 52% |
| Keystone | 89 | $2,935 | $250.65 | 60% |
| Spearfish | 153 | $2,756 | $274.09 | 47% |
| Rapid City | 604 | $2,645 | $233.79 | 52% |