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 5,090 sqft

Median lot size is 1.46 acres

Median year built is 1907

• Average number of guest rooms is 7.83
• Average number of guest bathrooms is 7.27
• 72% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,122,500
• Median price is $790,000
• Average price per square foot is $181

The 5 most expensive states (on average)

1. DE - 2 listings. Avg of $2.8M (from $2.6M to $3.0M)
2. HI - 5 listings. Avg of $2.5M (from $1.3M to $4.6M)
3. DC - 1 listing at $2.5M
4. UT - 11 listings. Avg of $1.7M (from $750K to $3.7M)
5. FL - 25 listings. Avg of $1.7M (from $495K to $4.8M)

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $215K (from $0K to $395K)
2. ND - 1 listing at $325K
3. KS - 5 listings. Avg of $496K (from $355K to $729K)
4. AL - 7 listings. Avg of $511K (from $150K to $975K)
5. IN - 6 listings. Avg of $569K (from $280K to $949K)

The 5 most expensive listings

1. Rams Head Inn - $9.8M
2. The Governor's House Inn, circa 1760 - $8.3M
3. Captain Lord Mansion - $6.9M
4. Hotter Ranch - $5.9M
5. Dollybrook Family Resort - $5.9M

The 5 least expensive listings

1. Hostal El Momento - $24K
2. cumon inn farm - $100K
3. cumon inn farm Auger Inn - $104K
4. 13 Seminary St, Union Springs, NY - $135K
5. 1880 Josephine Hotel Bldg - $150K

DATA COVERAGE

951 properties for sale, covering:

• 52 states
• 754 cities
• 792 owners/agents

States with the most inn listings: