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 5,364 sqft

Median lot size is 1.44 acres

Median year built is 1907

• Average number of guest rooms is 8.15
• Average number of guest bathrooms is 7.47
• 71% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,175,901
• Median price is $800,000
• Average price per square foot is $187

The 5 most expensive states (on average)

1. DE - 1 listing at $2.6M
2. MT - 2 listings. Avg of $2.4M (from $2.2M to $2.7M)
3. OR - 15 listings. Avg of $2.4M (from $590K to $12.3M)
4. DC - 1 listing at $2.2M
5. CO - 27 listings. Avg of $2.0M (from $560K to $7.5M)

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $182K (from $0K to $395K)
2. LA - 3 listings. Avg of $338K (from $215K to $575K)
3. KS - 8 listings. Avg of $373K (from $130K to $729K)
4. OH - 7 listings. Avg of $516K (from $200K to $840K)
5. SD - 1 listing at $539K

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. JUST LISTED! Confidential OR Coast Portfolio - $7.2M
5. The Angelina - $6.7M

The 5 least expensive listings

1. Hostal El Momento - $24K
2. ArubaBnB - $59K
3. Harrisville, MI Bed & Breakfast Inn - $129K
4. Old Depot Hotel - $130K
5. 1880 Italianate Warren IL - $150K

DATA COVERAGE

715 properties for sale, covering:

• 51 states/territories
• 574 cities
• 597 owners/agents

States with the most inn listings: