As of Mar 18, 2024
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 5,000 sqft
Median lot size is 1.00 acres
Median year built is 1910
- Average number of guest rooms is 8.35
- Average number of guest bathrooms is 7.10
- 61% have a private bathroom for each guestroom
- 92% have owner's quarters
PRICING
Inn for sale price distribution:
- Average price is $1,652,447
- Median price is $1,125,000
- Average price per square foot is $250
The 5 most expensive states (on average)
- AK - 3 listings. Avg of $7.8M (from $425K to $21.0M)
- NJ - 1 listing at $5.0M
- DE - 1 listing at $4.0M
- MT - 2 listings. Avg of $3.9M (from $3.0M to $4.8M)
- RI - 1 listing at $3.5M
The 5 least expensive states (on average)
- IN - 1 listing at $289K
- NE - 2 listings. Avg of $365K (from $335K to $395K)
- KS - 8 listings. Avg of $485K (from $80K to $900K)
- WY - 1 listing at $545K
- PR - 1 listing at $550K
DATA COVERAGE
333 properties for sale, covering:
- 49 states/territories
- 300 cities
- 277 owners/agents
States with the most inn listings: