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Home | Find Inns for Sale | List an Inn for Sale | Market Snapshot

Inn Market Snapshot

As of Sep 02, 2010

This snapshot is designed to help innkeepers and aspiring innkeepers understand the inn for sale marketplace in broad terms. It is based on all available data from innshopper.com - data entered directly from inn owners and brokers.

PROPERTY METRICS
Median building size is 4,800 sqft	Median lot size is 1.21 acres
Median year built is 1906	Average number of guest rooms is 7.87 Average number of guest bathrooms is 6.99 73% have a private bathroom for each guestroom 94% have owner's quarters

PRICING
Inn for sale price distribution:	Average price is $1,060,092 Median price is $759,500 Average price per square foot is $170
The 5 most expensive states (on average) NY - 14 listings. Avg of $2.6M (from $499K to $24.9M) AZ - 6 listings. Avg of $1.9M (from $650K to $2.9M) NJ - 3 listings. Avg of $1.7M (from $1.1M to $2.5M) HI - 3 listings. Avg of $1.6M (from $1.2M to $2.0M) MD - 5 listings. Avg of $1.6M (from $525K to $3.5M)	The 5 least expensive states (on average) KS - 2 listings. Avg of $299K (from $299K to $300K) LA - 2 listings. Avg of $405K (from $315K to $495K) IA - 2 listings. Avg of $422K (from $150K to $695K) IN - 7 listings. Avg of $458K (from $300K to $750K) WY - 2 listings. Avg of $504K (from $325K to $682K)
The 5 most expensive listings Village Latch Inn Hotel - $24.9M Hotel in Potrero Bay - $9.5M Boutique Hotel with Wedding & Meeting Facilities - $5.0M West Beaver Creek Lodge - $4.5M Maple Hall - $3.5M	The 5 least expensive listings The English Inn B&B - $30K Church Street Manor - $149K The Inn of the Six-Toed Cat - $150K Lexington B&B - $175K Clarksville Inn - $179K

DATA COVERAGE
381 properties for sale, covering: 45 states 332 cities 318 owners/agents	States with the most inn listings: