Inn Market Snapshot


As of Sep 20, 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
Chart - distribution of lot size
Median lot size is 1.00 acres
Chart - distribution of lot size
Median year built is 1909
Chart - distribution of when properties were built
  • Average number of guest rooms is 7.76
  • Average number of guest bathrooms is 7.03
  • 63% have a private bathroom for each guestroom
  • 92% have owner's quarters
PRICING
Inn for sale price distribution:
Chart - distribution of inns by price
  • Average price is $1,585,319
  • Median price is $995,000
  • Average price per square foot is $255
The 5 most expensive states (on average)
  1. NJ - 1 listing at $5.0M
  2. RI - 1 listing at $3.5M
  3. NC - 10 listings. Avg of $2.8M (from $615K to $16.0M)
  4. OR - 10 listings. Avg of $2.6M (from $725K to $7.5M)
  5. CO - 3 listings. Avg of $2.3M (from $0K to $5.9M)
The 5 least expensive states (on average)
  1. NE - 2 listings. Avg of $365K (from $335K to $395K)
  2. KS - 7 listings. Avg of $463K (from $80K to $900K)
  3. IN - 2 listings. Avg of $540K (from $289K to $790K)
  4. WY - 1 listing at $545K
  5. PR - 2 listings. Avg of $590K (from $550K to $630K)
The 5 most expensive listings
  1. The Waxhaw - $16.0M
  2. Saint Francis Resort & Marina - $15.0M
  3. Potential B&B in Central Texas - Resort Ranch - $8.2M
  4. Bella Vie Delray - $8.0M
  5. Confidential Oregon Opportunity - C21005 - $7.5M
The 5 least expensive listings
  1. The Farmer’s Home - $80K
  2. Lake Homes for - $123K
  3. Park Motel - $150K
  4. Oak Valley Inn & suites - $150K
  5. Nina's Place - $190K
DATA COVERAGE
346 properties for sale, covering:
  • 46 states/territories
  • 314 cities
  • 302 owners/agents
States with the most inn listings:
Chart - the states with the most inn listings