Airbnb market data · 202512 months to February 2025
Geunnam-myeon, South Korea Airbnb Market Data: Revenue, Occupancy & Trends
The average Airbnb in Geunnam-myeon brought in ₩12,852,518 over the 12 months through February 2025, across just 17 active listings, so a single property can move that figure.
AirROI's latest figures for Geunnam-myeon run through February 2025.
The short answer
Geunnam-myeon Airbnb Market at a Glance
Listings averaged ₩278,156 a night and were booked on 17% of available nights.
Timing matters: in March, the best month, the average listing earned about 6.4 times as much as in May, the slowest. With only 17 active listings, a few bookings can reorder the months.
With 17 active listings, Geunnam-myeon is the 21st-largest of 21 North Gyeongsang markets AirROI tracks.
Browse the live Geunnam-myeon Airbnb market See Every Geunnam-myeon ListingRevenue
How Much Do Airbnb Hosts Make in Geunnam-myeon?
Gross bookings per Geunnam-myeon listing averaged ₩12,852,518 over the 12 months to February 2025 (North Gyeongsang average: ₩17,097,573), before cleaning, platform and management costs and taxes.
The average Geunnam-myeon listing brought in ₩3,700,000 in March, its best month, and ₩576,000 in May, its slowest. The three strongest months bring in 45% of a full year's revenue, where an even calendar would give any three months 25%.
Across Geunnam-myeon's 17 active listings, monthly revenue by tier:
- Best-in-class properties (top 10%) earn ₩3,700,000+ a month, about 3.7 times the typical property.
- Strong performers (top 25%) earn ₩2,190,000 or more, roughly ₩1,200,000 a month above the median.
- Typical properties (median) earn about ₩1,000,000 a month.
- Entry-level properties (bottom 25%) earn ₩525,000 or less, about half of the median.
These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.
March earned about 6.4 times what May did
Average revenue per active listing, by month
The dashed line is the average of the months shown, ₩1,530,000.
Geunnam-myeon Airbnb Data by Month
Latest 12 months in the February 2025 data.
March led on revenue and bookings; nightly rates peaked in July.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | Booking Lead Time |
|---|---|---|---|---|
| Mar 2024 | ₩3,704,426 | 29.0% | ₩273,225 | 8 days |
| Apr 2024 | ₩1,571,397 | 10.6% | ₩285,890 | 5 days |
| May 2024 | ₩576,482 | 9.0% | ₩294,306 | 16 days |
| Jun 2024 | ₩957,812 | 13.3% | ₩296,483 | 39 days |
| Jul 2024 | ₩2,045,880 | 19.4% | ₩321,623 | 28 days |
| Aug 2024 | ₩2,596,003 | 26.3% | ₩318,199 | 29 days |
| Sep 2024 | ₩1,489,382 | 16.7% | ₩279,874 | 23 days |
| Oct 2024 | ₩1,249,072 | 17.3% | ₩263,372 | 27 days |
| Nov 2024 | ₩1,116,192 | 19.4% | ₩248,928 | 25 days |
| Dec 2024 | ₩1,039,282 | 12.3% | ₩263,528 | 17 days |
| Jan 2025 | ₩1,006,246 | 14.2% | ₩231,056 | 16 days |
| Feb 2025 | ₩994,198 | 15.0% | ₩224,831 | 13 days |
Averages per active listing in each month. Highlighted: the highest-revenue month. Booking lead time is the days between booking and check-in for stays in that month.
Location, size and how a home is run move its income far more than a city average shows. For a range on one Geunnam-myeon address, run it through the Airbnb profit calculator.
Profit
Is an Airbnb in Geunnam-myeon Profitable?
Yes, when it's run well. The average Geunnam-myeon Airbnb took in ₩12,852,518 in the 12 months to February 2025, and run by its owner at everyday costs, about ₩780,000 a month of that is left after running costs, so a home that costs less than that to own or rent makes money. A listing in the top quarter leaves about ₩1,730,000 a month.
These amounts come before housing costs. Where the mortgage or rent is less each month, the difference is profit; a home owned outright keeps it all after property tax, home insurance and any building or condo fees.
Geunnam-myeon Airbnb Income, Expenses and Profit per Year
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Gross bookings | ₩12,852,518 | ₩28,080,000 |
| Running costs | ||
| Airbnb's fee15.5% of bookings, Airbnb's standard host-only fee | −₩1,990,000 | −₩4,350,000 |
| Utilities and internetAbout 5% of bookings | −₩640,000 | −₩1,400,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₩260,000 | −₩560,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₩390,000 | −₩840,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₩130,000 | −₩130,000 |
| Permit and registrationWhere one is required | −₩60,000 | −₩60,000 |
| Management₩0 when you run it; co-hosts charge from about 10% of nightly bookings | ₩0 | ₩0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | ₩0 | ₩0 |
| Lodging taxesAdded to the guest's bill and passed on | ₩0 | ₩0 |
| Total running costsAbout 27% of bookings | −₩3,470,000 | −₩7,340,000 |
| Left for housing costs, then profit | ₩9,382,518about ₩780,000 a month | ₩20,740,000about ₩1,730,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
Estimate Your Own Geunnam-myeon Airbnb Profit
The estimate starts from Geunnam-myeon's average listing, run by its owner. Change how the listing performs, who runs it and who cleans to see what is left for the mortgage or rent.
To work out the profit on one Geunnam-myeon home, with its price, its mortgage or rent and your own costs, use the Airbnb income calculator. It starts from the comparable listings around the address.
How Geunnam-myeon's Top Earners Get There
- More nights booked. The busiest quarter of Geunnam-myeon listings are booked on 19% or more of their nights, against 11% for the median listing. Ten more booked nights a year at the median rate of ₩280,000 adds about ₩2,800,000 in bookings.
- Prices that follow demand. Ranked by price, the top quarter charge ₩347,000 a night or more, against a median of ₩280,000. That is a separate ranking from the busiest quarter, so the two marks don't multiply into one listing's takings. For the average listing, a 10% higher rate on the nights it already books adds about ₩1,290,000 a year.
- Open for the busy months. March brought the average listing about ₩3,700,000, against ₩576,000 in May, so a calendar that is open and full in the busy months carries the year.
What a listing keeps comes down to the figures this page measures: nightly rate, nights booked and the months it's open. A listing at the top-quarter mark takes in about ₩2,340,000 a month, against ₩1,070,000 for the average one.
Occupancy
What Is the Airbnb Occupancy Rate in Geunnam-myeon?
Geunnam-myeon listings were booked on 17% of the nights they were open over the past year, 13 percentage points below the North Gyeongsang average (30%) and 23 points below the South Korea average (40%). Occupancy climbs to 29% in March and falls to 9% in May.
Across Geunnam-myeon's 17 active listings, the share of open nights booked by tier:
- Best-in-class properties (top 10%) are booked 36%+ of open nights, 25 points above the median.
- Strong performers (top 25%) fill 19% or more, roughly one and a half nights a week.
- Typical properties (median) fill about 11% of open nights.
- Entry-level properties (bottom 25%) fill 7% or less, less than one night a week.
March was the busiest month in Geunnam-myeon, May the quietest
Share of open nights booked, by month
Nightly rates
How Much Does an Airbnb Cost per Night in Geunnam-myeon?
The average nightly rate in Geunnam-myeon, known as ADR (average daily rate), was ₩278,156 over the past year, about 41% above the North Gyeongsang average of ₩197,000 and about 75% above the South Korea average of ₩159,000. Rates peak in July and August at about ₩322,000 and bottom out in February at about ₩225,000.
Across Geunnam-myeon's 17 active listings, nightly rates by tier:
- Best-in-class properties (top 10%) charge ₩442,000+ a night, about 1.6 times the median.
- Strong performers (top 25%) charge ₩347,000 or more, about ₩67,000 above the median.
- Typical properties (median) charge about ₩280,000 a night.
- Entry-level properties (bottom 25%) charge ₩178,000 or less, about two-thirds of the median.
July rates ran 43% above February's
Average nightly rate (ADR), by month
The dashed line is the average of the months shown, ₩275,000.
Seasonality
Best and Worst Months for Airbnb in Geunnam-myeon
With only 17 active listings, the monthly pattern in Geunnam-myeon is noisy, since a few long or pricey stays can lift a month; revenue peaked in March and bottomed out in May.
How Far in Advance Do Guests Book Airbnb in Geunnam-myeon?
Guests book Geunnam-myeon stays 14 days ahead on average (about two weeks), so many trips are booked close to arrival. June stays are booked furthest out, about 39 days ahead, and April stays closest to arrival, about 5 days. A typical June booking is made in early May.
June stays are booked furthest ahead
Average days between booking and check-in, by month of stay
The 12-month figure of 14 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
Airbnb Permits and Registration in Geunnam-myeon
None of the 17 active listings in Geunnam-myeon display a registration, permit or license number. That doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.
Registration, permit, zoning and tourist-tax rules vary by address and change often, so confirm them with the local authority before buying or listing in Geunnam-myeon.
Neighborhoods
Best Neighborhoods for Airbnb in Geunnam-myeon
AirROI's area guide picks eight Geunnam-myeon neighborhoods that draw short-term rental guests, led by Geunnam Traditional Village, Donggung Palace and Wolji Pond and Hwanseongul Cave. The picks reflect guest appeal, not earnings data or permit eligibility, so check local permit rules for a specific address before buying.
| Area | Who it suits | Landmarks nearby |
|---|---|---|
| Geunnam Traditional Village | A picturesque area showcasing traditional Korean architecture and culture, perfect for visitors looking to experience the heritage of North Gyeongsang Province. | Geunnam Folk Village, Silla Cultural Heritage Center, Traditional Korean Tea Houses |
| Donggung Palace and Wolji Pond | A historic site with beautiful landscapes, attracting tourists interested in history and nature. Ideal for those seeking a serene getaway. | Donggung Palace, Wolji Pond, Cultural Festivals, Historical Exhibits |
| Hwanseongul Cave | Famous for its impressive limestone formations and eco-tourism opportunities, perfect for adventurers and nature enthusiasts. | Hwanseongul Cave Tours, Nature Trails, Camping Sites, Educational Tours |
| Gyeongju National Park | A stunning natural park that offers diverse landscapes and hiking opportunities, ideal for outdoor enthusiasts and families. | Hiking Trails, Scenic Views, Wildlife, Historical Sites |
| Gyeongju Historic Areas | Home to UNESCO World Heritage sites, this area is rich in history and culture, attracting tourists interested in exploring ancient Korean heritage. | Bulguksa Temple, Seokguram Grotto, Tumuli Park, Gyeongju National Museum |
| Bomun Lake | A beautiful lake area known for its recreational activities and resort facilities. An excellent choice for families and leisure travelers. | Bomun Tourist Complex, Water Sports, Cycling Paths, Scenic Lakeside Walks |
| Yangdong Village | Another UNESCO site, this village offers a glimpse into traditional Korean lifestyles and architecture, drawing visitors for cultural immersion. | Traditional Hanok Houses, Cultural Tours, Local Festivals, Scenic Countryside |
| Seokguram | Famous for its ancient Buddhist temple and stunning views. It's a spiritual retreat and a must-visit for those interested in Buddhism and history. | Seokguram Grotto, National Park Trails, Cultural Heritage Sites, Meditation Spaces |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Nearby markets
Geunnam-myeon vs. Nearby Airbnb Markets
Of the eight nearby markets in the table, all within 99 km, Andong-si (78 km away) earned the most per listing, about 40% more than Geunnam-myeon. Donghae-si was the busiest, booked on 34% of nights against 17% in Geunnam-myeon.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Samcheok-si 46 km | 147 | ₩6,708,734 | ₩181,703 | 20% |
| Yeongdeok-gun 63 km | 38 | ₩11,574,521 | ₩185,656 | 24% |
| Donghae-si 71 km | 146 | ₩16,272,373 | ₩180,893 | 34% |
| Yeongju-si 75 km | 45 | ₩14,482,991 | ₩206,705 | 24% |
| Andong-si 78 km | 193 | ₩18,054,516 | ₩206,112 | 30% |
| Yeongwol-eup 86 km | 42 | ₩9,735,917 | ₩151,909 | 24% |
| Danyang-gun 92 km | 34 | ₩10,291,841 | ₩192,547 | 21% |
| Pohang-si 99 km | 273 | ₩11,489,106 | ₩187,871 | 25% |
Other Airbnb Markets in North Gyeongsang
- Gyeongju-si Airbnb data 1,391 listings
- Gyeongsan-si Airbnb data 51 listings
- Mungyeong-si Airbnb data 43 listings
FAQ
Geunnam-myeon Airbnb FAQ
How much do Airbnb hosts make in Geunnam-myeon?
An active Geunnam-myeon Airbnb grossed ₩12,852,518 on average in the 12 months to February 2025, according to AirROI's tracking of 17 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₩2,190,000 or more in a typical month.
How much can I make on Airbnb in Geunnam-myeon?
It depends most on the home's size, location and how it's run. The middle half of Geunnam-myeon listings earn between ₩525,000 and ₩2,190,000 in a typical month, and the top tenth ₩3,700,000 or more. For one home, enter its address and bedroom count in the Airbnb calculator: it compares the home with similar listings nearby.
What is the average Airbnb occupancy rate in Geunnam-myeon?
Listings in Geunnam-myeon were booked on 17% of available nights over the past year. That compares with 30% for the North Gyeongsang average. March was the busiest month.
How much does an Airbnb cost per night in Geunnam-myeon?
The average booked night in Geunnam-myeon cost ₩278,156 before fees. Half of listings charge between ₩178,000 and ₩347,000, so bedroom count and location move the price more than the average suggests.
Do you need a permit for an Airbnb in Geunnam-myeon?
None of the active Geunnam-myeon listings display a registration, permit or license number. That doesn't mean no rules apply, so confirm registration, permit and tourist-tax rules with the local authority before buying.
Is Airbnb profitable in Geunnam-myeon?
Yes, when it's run well. The average Geunnam-myeon Airbnb grossed ₩12,852,518 in the 12 months to February 2025, 25% below the North Gyeongsang average of ₩17,097,573, though with only 17 active listings a single property can move that figure. Run by its owner, with everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, ₩9,382,518 a year (about ₩780,000 a month) is left before the mortgage or rent. A home that costs less than that to own or rent makes a profit, and a listing at the top-quarter mark leaves about ₩1,730,000 a month. Check a specific home in the Airbnb estimator.
When is Airbnb peak season in Geunnam-myeon?
March paid best over the past year, at ₩3,700,000 per active listing, and May paid least. The month-by-month table above shows how rates and bookings each move.
How far in advance do guests book Airbnbs in Geunnam-myeon?
Geunnam-myeon stays were booked 14 days (about two weeks) before arrival on average over the past year, so a listing can still fill close to the date.
What are the best neighborhoods for Airbnb in Geunnam-myeon?
Geunnam Traditional Village, Donggung Palace and Wolji Pond and Hwanseongul Cave draw the most short-term rental interest in Geunnam-myeon. The neighborhood guide explains what brings guests to each.
How many Airbnbs are there in Geunnam-myeon?
AirROI counted 17 active Airbnb listings in Geunnam-myeon as of February 2025. The closest tracked market is Samcheok-si, 46 km away.
Method
About This Data
Figures on this page cover 17 active Airbnb listings in Geunnam-myeon from March 2024 to February 2025 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. AirROI measures bookings in US dollars; this page shows them in South Korean won at ₩1,448 per US$, the typical rate from October 2025 to September 2026. Annual revenue averages every listing active during the period, including those listed for only part of it; monthly figures average the listings active in each month; the tier lists show the spread. Neighborhood descriptions are AI-assisted. See the methodology for definitions.
Need this programmatically? The same metrics are available through the AirROI Airbnb Data API and bulk downloads in the data portal.