Airbnb Market Analytics & Investment Insights
Annual Revenue
$52,303
Based on 2316 full time Airbnb rentals
Average Daily Rate
$224
Gross Yield
12.71%
Occupancy Rate
70%
As of October of 2024, Homes in 37876 ZIP Code have depreciated by -0.79%, with the median home value standing at $412,629, according to Zillow.
There are currently 2,316 active short-term rentals in 37876 ZIP Code. The average daily rate for these rentals is $224. This translates to an annual revenue of $52,303 for short-term rentals as of October of 2024.
37876 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
$224
Occupancy Rate Trend
70%
As of October of 2024, the average gross yield for short-term rentals in 37876 ZIP Code is 12.71%. However, potential investors should also consider the average property tax, which stands at 0.37% according to SmartAsset.
The median household income in 37876 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 37876 is 70%, which is higher than the average occupancy rate for the United States.
As of October of 2024 The unemployment rate in 37876 ZIP Code is 2.5%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 37876 include a Baby monitor, Beach essentials, and Bikes.
37876 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Nashville, TN (2.38% of all guests), Chicago, IL (1.51% of all guests), and Atlanta, GA (1.43% of all guests).
The top short-term rental hosts in 37876 ZIP Code include Victoria, Elk Springs and Justin. These hosts have an average rating of 4.87, 4.56 and 4.96 respectively.
The most popular property types in 37876 ZIP Code are 2-bedroom units, with an average daily rate of $224 and an annual revenue of $55,155.
The average booking lead time for short-term rentals in 37876 ZIP Code is 67 days.
Let our agents guide you to the best short-term rental investments in Sevierville, TN