As of Jan 25, 2021
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)
- OR - 12 listings. Avg of $2.6M (from $590K to $12.3M)
- MT - 1 listing at $2.2M
- DC - 1 listing at $2.2M
- UT - 5 listings. Avg of $2.0M (from $750K to $2.9M)
- CO - 22 listings. Avg of $2.0M (from $595K to $7.5M)
The 5 least expensive states (on average)
- NE - 3 listings. Avg of $231K (from $149K to $395K)
- LA - 4 listings. Avg of $343K (from $215K to $575K)
- KS - 9 listings. Avg of $396K (from $130K to $729K)
- AL - 4 listings. Avg of $399K (from $350K to $499K)
- MN - 8 listings. Avg of $459K (from $0K to $1.2M)
DATA COVERAGE
598 properties for sale, covering:
- 49 states/territories
- 494 cities
- 512 owners/agents
States with the most inn listings: