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 1.20 acres

Median year built is 1905

• Average number of guest rooms is 7.93
• Average number of guest bathrooms is 7.40
• 69% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,246,228
• Median price is $875,000
• Average price per square foot is $190

The 5 most expensive states (on average)

1. WY - 1 listing at $4.3M
2. MT - 1 listing at $4.0M
3. OR - 12 listings. Avg of $2.6M (from $499K to $12.3M)
4. WA - 12 listings. Avg of $2.2M (from $150K to $8.7M)
5. HI - 4 listings. Avg of $2.1M (from $1.6M to $3.2M)

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $253K (from $150K to $395K)
2. LA - 2 listings. Avg of $287K (from $215K to $359K)
3. AL - 3 listings. Avg of $450K (from $350K to $600K)
4. KS - 8 listings. Avg of $495K (from $125K to $1.2M)
5. MN - 4 listings. Avg of $515K (from $0K to $870K)

The 5 most expensive listings

1. Confidential Oregon Hotel - C21003 - $12.3M
2. Rams Head Inn - $9.0M
3. Confidential Washington Destination Hotel - C21004 - $8.7M
4. Investment Hotel for Sale - $7.4M
5. Hotter Ranch - $5.9M

The 5 least expensive listings

1. ArubaBnB - $69K
2. 82 Hostel Bogota - $70K
3. Thurston House Bed & Breakfast - $85K
4. Parsons House with the Red Floor - $125K
5. Old Depot Hotel - $130K

DATA COVERAGE

530 properties for sale, covering:

• 49 states/territories
• 449 cities
• 453 owners/agents

States with the most inn listings: