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 5,156 sqft

Median lot size is 1.31 acres

Median year built is 1915

• Average number of guest rooms is 8.18
• Average number of guest bathrooms is 7.01
• 63% have a private bathroom for each guestroom
• 94% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,553,097
• Median price is $1,100,000
• Average price per square foot is $248

The 5 most expensive states (on average)

1. AK - 3 listings. Avg of $8.6M (from $1.8M to $22.0M)
2. OR - 9 listings. Avg of $3.6M (from $945K to $12.5M)
3. RI - 1 listing at $3.5M
4. NC - 18 listings. Avg of $2.6M (from $0K to $16.0M)
5. TN - 8 listings. Avg of $2.4M (from $497K to $6.5M)

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $320K (from $240K to $395K)
2. IN - 2 listings. Avg of $487K (from $289K to $685K)
3. AL - 4 listings. Avg of $488K (from $350K to $735K)
4. MO - 5 listings. Avg of $570K (from $317K to $1.2M)
5. NH - 3 listings. Avg of $585K (from $426K to $729K)

The 5 most expensive listings

1. The Landing Hotel - $22.0M
2. The Waxhaw - $16.0M
3. Confidential Oregon Hotel - C21003 - $12.5M
4. Confidential Oregon Opportunity - C21005 - $7.3M
5. Historic Cedarwood - $6.5M

The 5 least expensive listings

1. 82 Hostel Bogota - $70K
2. The Farmer’s Home - $80K
3. ArubaBnB - Former sailboat transformed in B&B - $99K
4. Park Motel - $150K
5. The Cabin Off The Blue Ridge Parkway - $185K

DATA COVERAGE

362 properties for sale, covering:

• 43 states/territories
• 327 cities
• 315 owners/agents

States with the most inn listings: