Inn Market Snapshot

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 5,500 sqft

Median lot size is 1.22 acres

Median year built is 1906

• Average number of guest rooms is 8.17
• Average number of guest bathrooms is 7.65
• 71% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $3,072,403
• Median price is $850,000
• Average price per square foot is $464

The 5 most expensive states (on average)

1. FL - 25 listings. Avg of $35.2M (from $0K to $850.0M)
2. MD - 6 listings. Avg of $20.7M (from $600K to $119.0M)
3. WY - 2 listings. Avg of $2.8M (from $1.4M to $4.3M)
4. DC - 1 listing at $2.2M
5. WA - 10 listings. Avg of $2.0M (from $500K to $5.3M)

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $245K (from $150K to $395K)
2. LA - 3 listings. Avg of $256K (from $215K to $329K)
3. KS - 7 listings. Avg of $401K (from $130K to $729K)
4. AL - 5 listings. Avg of $440K (from $350K to $600K)
5. MO - 13 listings. Avg of $447K (from $0K to $750K)

The 5 most expensive listings

1. Holland House in Beautiful Naples, Florida. - $850.0M
2. The Blue Heron - $119.0M
3. Rams Head Inn - $9.0M
4. Confidential OR Coast Portfolio - IN CONTRACT - $7.2M
5. Hotter Ranch - $5.9M

The 5 least expensive listings

1. ArubaBnB - $69K
2. 82 Hostel Bogota - $70K
3. Old Depot Hotel - $130K
4. THE Sanctuary - $150K
5. A Guest Hus Motel - $154K

DATA COVERAGE

563 properties for sale, covering:

• 47 states/territories
• 474 cities
• 478 owners/agents

States with the most inn listings: