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 5,493 sqft

Median lot size is 1.34 acres

Median year built is 1907

• Average number of guest rooms is 8.16
• Average number of guest bathrooms is 7.52
• 71% have a private bathroom for each guestroom
• 96% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,167,824
• Median price is $850,000
• Average price per square foot is $179

The 5 most expensive states (on average)

1. OR - 12 listings. Avg of $2.6M (from $590K to $12.3M)
2. MT - 1 listing at $2.2M
3. DC - 1 listing at $2.2M
4. UT - 5 listings. Avg of $2.0M (from $750K to $2.9M)
5. CO - 22 listings. Avg of $2.0M (from $595K to $7.5M)

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $231K (from $149K to $395K)
2. LA - 4 listings. Avg of $343K (from $215K to $575K)
3. KS - 9 listings. Avg of $396K (from $130K to $729K)
4. AL - 4 listings. Avg of $399K (from $350K to $499K)
5. MN - 8 listings. Avg of $459K (from $0K to $1.2M)

The 5 most expensive listings

1. Available on a Strictly Confidential Basis - $12.3M
2. Rams Head Inn - $9.0M
3. Historic Stagecoach Ranch for Sale - $7.5M
4. Confidential OR Coast Portfolio - ACCEPTED OFFER - $7.2M
5. Hotter Ranch - $5.9M

The 5 least expensive listings

1. Hostal El Momento - $24K
2. ArubaBnB - $69K
3. Old Depot Hotel - $130K
4. Undisclosed - $149K
5. 1880 Italianate Warren IL - $150K

DATA COVERAGE

598 properties for sale, covering:

• 49 states/territories
• 494 cities
• 512 owners/agents

States with the most inn listings: