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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Golconda presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Golconda, IL is a small, nature-oriented market on the edge of the Shawnee National Forest region, where waterfront and lake-access properties make up a meaningful share of the 15 active Airbnb listings. With an average daily rate of $169 — roughly half the Illinois state average — and average annual revenue of $16,292 per listing, it offers an affordable entry point but comes with notably low occupancy at 13% versus the 33% state benchmark. Investors drawn to this market should be realistic about the seasonal, leisure-driven demand profile and prepared to source deals selectively to make the numbers work.
According to Rabbu market data, the Golconda short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 15 |
| Average Daily Rate (ADR) | vs. $319 state avg. | $169 |
| Average Occupancy Rate | vs. 33% state avg. | 13% |
| RevPAN | ADR * Occupancy Rate | $22 |
| Average Monthly Revenue | Historical 12-month average | $1,357 |
| Average Annual Revenue | Historical 12-month average | $16,292 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Investors consider Golconda for its low property acquisition costs, outdoor recreation appeal, and limited but growing supply of short-term rentals in a natural amenity-rich area.
Key investment factors
"Golconda represents a competitive but niche opportunity best suited to investors comfortable with seasonal cash flow and a hands-on approach to maximizing bookings. Revenue swings sharply through the year — October leads at $2,172 per listing while February drops to just $257 — so operators need to plan for several lean months. The above-average supply/demand balance is a bright spot, but below-average occupancy stability (13% vs. 33% statewide) means returns depend heavily on peak-season performance. For the right property at the right price, this market can pencil out, but it rewards careful deal selection over passive investing."
— Rabbu Market Analysis Team
Golconda's revenue is sharply seasonal: October is the clear peak at $2,172 per listing, while February bottoms out at just $257 — an 8.5x spread that underscores the importance of maximizing bookings during the warmer months. The May–November stretch accounts for the bulk of annual income, with July ($1,990) and November ($1,770) also performing well.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$721 |
| February |
|
$257 |
| March |
|
$1,107 |
| April |
|
$1,365 |
| May |
|
$1,696 |
| June |
|
$1,298 |
| July |
|
$1,990 |
| August |
|
$1,601 |
| September |
|
$1,490 |
| October |
|
$2,172 |
| November |
|
$1,770 |
| December |
|
$820 |
Supply is evenly split between 1-bedroom and 2-bedroom properties at 5 listings each, with the remaining 5 in other configurations not broken out separately. This balanced distribution means neither size category is clearly oversaturated, though the overall market is small enough that even a few new listings could shift competitive dynamics.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
5 |
| 2 bedrooms |
|
5 |
ADR rises from $112 for 1-bedroom listings to $146 for 2-bedroom properties — a 30% premium for an extra bedroom. Given that 2-bedroom units also achieve higher occupancy and RevPAN, the incremental cost of a larger property may be well justified by the revenue uplift.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$112 |
| 2 bedrooms |
|
$146 |
Two-bedroom listings generate $30 in RevPAN compared to $18 for 1-bedroom units, a 67% advantage that reflects both higher nightly rates and better occupancy. For investors weighing property size, the 2-bedroom configuration clearly delivers stronger revenue per available night after accounting for vacancy.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$18 |
| 2 bedrooms |
|
$30 |
Occupancy runs low across the board, with 2-bedroom properties averaging 21% and 1-bedroom units at 17% — both well below the state benchmark of 33%. The gap suggests that larger properties better match guest expectations in this outdoor-recreation market, though all sizes face meaningful vacancy challenges.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
17% |
| 2 bedrooms |
|
21% |
Two-bedroom listings earn an average of $1,555 per month, roughly 50% more than the $1,033 generated by 1-bedroom properties. That $522 monthly difference can meaningfully affect cash flow, especially in a market where winter months produce minimal revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,033 |
| 2 bedrooms |
|
$1,555 |
On an annual basis, 2-bedroom listings bring in approximately $18,664 compared to $12,403 for 1-bedroom units — a $6,261 gap that tilts the investment case toward larger properties. Investors should weigh this revenue advantage against the typically modest difference in acquisition and operating costs between 1- and 2-bedroom homes in the Golconda area.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$12,403 |
| 2 bedrooms |
|
$18,664 |
Kitchens (100%), backyards (93%), and parking (87%) are near-universal, reflecting a market geared toward self-sufficient, drive-in guests. Waterfront access (53%) and lake access (33%) signal that proximity to water is a key differentiator — investors should prioritize properties with these features to meet core guest expectations in this nature-tourism market.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Backyard |
|
93% |
| Parking |
|
87% |
| BBQ Grill |
|
67% |
| Dryer |
|
60% |
| Outdoor Furniture |
|
60% |
| Pets |
|
60% |
| Self Check-in |
|
60% |
| Washer |
|
60% |
| Patio or Balcony |
|
53% |
| Waterfront |
|
53% |
| Lake Access |
|
33% |
| Beach Access |
|
13% |
| Workspace |
|
7% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Golconda Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Above average | 15% |
Golconda's ROI Score of 41 out of 100 places it in the "Competitive Opportunity" band, meaning investor interest is present but returns are not automatic — deal quality matters. The score reflects an average revenue-to-price ratio and market growth trend, offset by below-average occupancy stability that drags on year-round cash flow; the above-average supply/demand balance is a positive signal but not enough to overcome the seasonal demand constraints on its own. Pairing this data with thorough local regulatory research and conservative underwriting will help investors determine whether a specific Golconda property can generate acceptable returns.
Understanding local STR regulations is essential before investing in Golconda. Here's the current regulatory landscape:
Short-term rental operators in Golconda, Illinois may be required to obtain permits or register their properties with local authorities. Investors should verify current permit requirements directly with the City of Golconda and Pope County offices before listing a property.
Common STR restrictions that may apply include occupancy limits, minimum-stay requirements, noise and nuisance ordinances, parking mandates, and any HOA rules specific to the property or subdivision. In rural Illinois markets, county-level regulations can also apply, so checking both municipal and county codes is advisable.
Short-term rental hosts in Illinois are generally subject to state and local occupancy taxes, as well as applicable sales taxes. Platforms like Airbnb often collect and remit some of these taxes on behalf of hosts, but operators should confirm their full obligation with the Illinois Department of Revenue and local tax authorities.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Golconda can provide current regulatory guidance.
Financing an Airbnb investment in Golconda requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Golconda's STR performance is likely to remain highly seasonal, with the strongest revenue concentrated between May and November and a sharp winter lull. The 47% year-over-year growth in active listings signals rising investor interest, which could compress occupancy further if demand doesn't keep pace — we estimate market-wide occupancy may hover in the 12–16% range absent a meaningful uptick in tourism traffic. ADR could hold steady or see modest 1–3% gains as newer listings compete on quality, but investors should treat any projections cautiously given the market's small sample size and seasonal volatility."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts or seasonal anomalies. Local regulations, permit requirements, and tax obligations can change; always verify with municipal and county authorities before investing.
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