Airbnb Market Analytics & Investment Insights
Annual Revenue
$44,877
Based on 1029 full time Airbnb rentals
Average Daily Rate
$301
Gross Yield
As of October of 2024, Homes in 84098 ZIP Code have appreciated by 1.42%, with the median home value standing at $1,398,308, according to Zillow.
There are currently 1,029 active short-term rentals in 84098 ZIP Code. The average daily rate for these rentals is $301. This translates to an annual revenue of $44,877 for short-term rentals as of October of 2024.
84098 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$301
Occupancy Rate Trend
57%
Let our agents guide you to the best short-term rental investments in Park City, UT
As of October of 2024, the average gross yield for short-term rentals in 84098 ZIP Code is 3.21%. However, potential investors should also consider the average property tax, which stands at 0.38% according to SmartAsset.
The median household income in 84098 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 84098 is 57%, which is higher than the average occupancy rate for the United States.
Discover the leading hosts in Park City ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
Vacasa Utah leads the market with 324 active listings and maintains an exceptional 4.46 average guest rating.
All Seasons Resort Lodging leads the market with 241 active listings and maintains an exceptional 4.58 average guest rating.
Park City Lodging leads the market with 193 active listings and maintains an exceptional 4.75 average guest rating.
These top performers serve as benchmarks for what drives success in Park City's competitive short-term rental scene. Their strategies combine operational efficiency with outstanding guest experiences, making them the gold standard for aspiring hosts and property managers in the area.
10 hosts available
As of October of 2024 The unemployment rate in 84098 ZIP Code is 3.4%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 84098 include a Baby monitor, Pool table, and Baby bath.
84098 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Salt Lake City, UT (4.88% of all guests), New York, NY (3.87% of all guests), and Los Angeles, CA (2.75% of all guests).
The top short-term rental hosts in 84098 ZIP Code include Vacasa Utah, All Seasons Resort Lodging and Park City Lodging. These hosts have an average rating of 4.46, 4.58 and 4.75 respectively.
The most popular property types in 84098 ZIP Code are 2-bedroom units, with an average daily rate of $301 and an annual revenue of $68,803.
The average booking lead time for short-term rentals in 84098 ZIP Code is 93 days.
Disclaimer
This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
3.21%
Occupancy Rate
57%