Airbnb Market Analytics, Statistics and Data in Chincoteague, Virginia, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Chincoteague? 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 Chincoteague:
How much do Airbnb hosts make on average per month in Chincoteague?
The short-term rental market in Chincoteague 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 $2,642 per month
- Strong performing properties (top 25%) make $4,503 or more
- Best-in-class properties (top 10%) achieve $6,855+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,477
Revenue Variations by Month
Occupancy Rates Throughout the Year in Chincoteague
The market in Chincoteague 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 36% occupancy rates
- Strong performing properties (top 25%) achieve 55% or higher
- Best-in-class properties (top 10%) reach 73%+occupancy
- Entry-level properties (bottom 25%) average around 18%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Chincoteague
Daily rates in Chincoteague 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 $230 per night
- Strong performing properties (top 25%) secure $338 or more
- Best-in-class properties (top 10%) pull in $462+ per night
- Entry-level properties (bottom 25%) earn around $167
Daily Rate Variations by Month
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Seasonality patterns in Chincoteague
Peak Season (July, August, June)
- Revenue peaks at $6157.17 per month
- Occupancy rates reach 61.43%
- Daily rates average $308.53
Shoulder Season
- Revenue averages $3334.32 per month
- Occupancy maintains 38.52%
- Daily rates hold at $267.50
Low Season (February, December, January)
- Revenue drops to $1577.90 per month
- Occupancy decreases to 23.27%
- Daily rates adjust to $241.15
Is it still profitable to do Airbnb in Chincoteague in 2025?
Yes! Chincoteague demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 39% and strong monthly revenue averaging $3334 and With 476 active listings, the market shows established demand while maintaining room for growth. 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 Chincoteague
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Chincoteague Island | Known for its wild ponies and stunning beaches, Chincoteague Island is a prime location for tourists looking to explore nature and enjoy water activities. The charming small-town atmosphere attracts families and nature lovers alike. | Chincoteague National Wildlife Refuge, Assateague Island National Seashore, Chincoteague Pony Centre, Chincoteague Island Waterman’s Museum, Miss Molly's Inn, Wassaw National Wildlife Refuge |
| Piney Island | A quieter area offering serene scenery and access to water activities, perfect for those looking to get away from the busyness of more tourist-heavy areas. It's ideal for guests interested in fishing, kayaking, and nature walks. | Piney Island nature trails, Kayaking locations, Fishing spots, Birdwatching areas, Wildlife observation |
| Downtown Chincoteague | The heart of the island bustling with shops, restaurants, and local culture. A great spot for visitors wanting to experience the local lifestyle and cuisine, as well as easy access to boat tours and fishing trips. | Chincoteague Island Library, Local shops, Restaurants and cafes, Boat tour operators, Chincoteague Island Farmer's Market |
| Assateague Island | Famous for its beaches and wild ponies, Assateague Island is a natural paradise. This area is highly frequented by tourists interested in outdoor activities and wildlife experiences. | Assateague Island National Seashore, Assateague Lighthouse, Wild pony sightings, Beach access, Hiking trails |
| Chincoteague Bay | Scenic views and access to water sports, including kayaking and paddleboarding. Attracts those looking for a peaceful retreat with outdoor adventure opportunities. | Chincoteague Bay, Kayak rentals, Paddleboarding spots, Fishing opportunities, Scenic picnic areas |
| Sandy Point | A coastal area with stunning beaches and tranquil waters, Sandy Point is perfect for families wanting to relax by the beach and enjoy the local flora and fauna. | Sandy Point Beach, Beach picnic areas, Wildlife observation, Walking trails, Fishing opportunities |
| Lighthouse Trails | This area is known for scenic walking and biking paths, ideal for tourists who want to explore while enjoying beautiful views. It's a popular area for those who enjoy active adventures in nature. | Chincoteague Lighthouse, Biking trails, Walking areas, Wildlife photography spots, Picnic facilities |
| Tom's Cove Park | A family-friendly campground with amenities and close proximity to the beach, making it ideal for families or groups who want to enjoy the outdoors together. | Tom's Cove Park beach access, Campground facilities, Fishing spots, Nature trails, Beach activities |
Do you need a license for Airbnb in Chincoteague?
We recommend checking directly with Chincoteague'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 Chincoteague
Cedar Gables-Private Pool & Hot Tub, Boat Dock!
Entire Place • 5 bedrooms
Egret's Cove - Pet friendly w/ Hot tub!
Entire Place • 3 bedrooms
House on the Dune - Pure Paradise!
Entire Place • 3 bedrooms
Oyster Cottage
Entire Place • 2 bedrooms
BarDown on Chincoteague Island
Entire Place • 5 bedrooms
Saltwater Cowgirls' Cottage
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Chincoteague
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Seaside Vacations | 140 | $3,588,066 | 2761 | 4.14/5.0 |
| Sherry | 98 | $2,746,643 | 2246 | 4.57/5.0 |
| Lea | 101 | $1,637,642 | 70 | 0.48/5.0 |
| Nicole | 6 | $297,253 | 276 | 4.03/5.0 |
| April Lea | 4 | $232,044 | 258 | 4.93/5.0 |
| Evolve | 8 | $224,655 | 154 | 4.72/5.0 |
| The REEF | 13 | $142,148 | 143 | 4.56/5.0 |
| Kevin | 2 | $138,012 | 432 | 4.97/5.0 |
| Jennifer | 2 | $108,907 | 28 | 5.00/5.0 |
| Annette | 6 | $95,736 | 35 | 4.69/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Chincoteague
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 (98.5%), with house and apartment & condo properties comprising 97.5% of inventory
- Untapped potential in boutique & hotels, outdoor & mobile, others segments (2.5% combined)
Room Capacity Distribution
Analysis of 476 properties in Chincoteague shows that 3 bedrooms properties are most prevalent, making up 44.3% of the market. The market tends to favor larger properties, with 3 bedrooms and 2 bedrooms together representing 73.3% of all listings.
Key Insights
- Most common: 3 bedrooms (44.3%)
- Least common: 5+ bedrooms (2.7%)
- Market concentration: 73.3% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 476 properties in Chincoteague reveals that 8+ guests properties dominate the market, representing 44.7% of all listings. The average property accommodates 6.5 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 73.7% of the market.
Key Insights
- Most common capacity: 8+ guests (44.7% of market)
- Least common capacity: 3 guests (0.4% of market)
- Average guest capacity: 6.5 guests per property
- Market concentration: 73.7% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 476 properties in Chincoteague, the most common availability pattern is 271-366 days (51.7% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (37.6% of properties).
Key Insights
- Most common availability window: 271-366 days (51.7%)
- Most common booking duration: 91-180 days (37.6%)
- Properties with high availability (180+ days): 87.4%
- Properties with long-term bookings (180+ days): 13.4%
Minimum Stay Distributions
1 Night
65 listings
14.2% of total
2 Nights
158 listings
34.6% of total
3 Nights
82 listings
17.9% of total
4-6 Nights
11 listings
2.4% of total
7-29 Nights
8 listings
1.8% of total
30+ Nights
133 listings
29.1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 48.8%
- Mid-length stays (4-6 nights) represent 2.4% of listings
- Monthly+ stays (29.1%) suggest a stable extended-stay market
- High market flexibility with 66.7% 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
0.3% of total
Super Strict 60 Days
105 listings
29.7% of total
Flexible
10 listings
2.8% of total
Moderate
54 listings
15.3% of total
Firm
20 listings
5.6% of total
Strict
164 listings
46.3% of total
Key Insights
- Strict is the preferred policy at 46.3% of listings
- The market shows a balanced distribution between guest-friendly (18.1%) and strict (51.9%) policies
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 0.3% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, May, averaging 109 days
- Shortest booking windows are in Dec, Feb, Jan, averaging 41 days
- Summer shows the longest average booking window at 106 days, while Winter has the shortest at 41 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 106 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Dec-Jan when lead times are shortest
Popular Airbnb Amenities in Chincoteague
Below is the distribution of amenities across listings in Chincoteague:
Traveler Demographics
Key Insights
- Domestic travelers make up 91.6% of total guests, indicating a dominant local market share.
- Primary international markets: DC (6.7%) and Canada (0.3%)
- English is the top language at 79.1%, followed by Spanish (11.1%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.6%
Recommendations
- Target marketing campaigns for Washington and Baltimore markets
- Develop localized content for DC 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 Chincoteague. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Mayo | 13 | $6,087 | $438.91 | 52% |
| Chester | 18 | $5,821 | $494.88 | 42% |
| Arundel on the Bay | 24 | $5,741 | $527.94 | 40% |
| Piney Point | 15 | $5,727 | $387.92 | 43% |
| Stevensville | 68 | $5,542 | $505.75 | 42% |
| Cape May | 285 | $5,273 | $535.42 | 41% |
| Easton | 45 | $5,262 | $677.92 | 38% |
| Cape May Point | 24 | $5,104 | $504.34 | 47% |
| Saint Michaels | 24 | $5,002 | $672.79 | 35% |
| Shady Side | 18 | $4,904 | $355.32 | 43% |
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