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 5,220 sqft

Median lot size is 1.43 acres

Median year built is 1910

• Average number of guest rooms is 8.08
• Average number of guest bathrooms is 7.42
• 73% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,973,112
• Median price is $785,000
• Average price per square foot is $312

The 5 most expensive states (on average)

1. NC - 33 listings. Avg of $15.0M (from $300K to $459.9M)
2. DE - 1 listing at $2.6M
3. OR - 12 listings. Avg of $2.4M (from $679K to $12.3M)
4. DC - 1 listing at $2.2M
5. MT - 4 listings. Avg of $2.0M (from $800K to $2.7M)

The 5 least expensive states (on average)

1. NE - 2 listings. Avg of $198K (from $0K to $395K)
2. KS - 8 listings. Avg of $433K (from $130K to $1.2M)
3. SD - 1 listing at $539K
4. IL - 13 listings. Avg of $568K (from $150K to $949K)
5. MN - 9 listings. Avg of $621K (from $0K to $1.3M)

The 5 most expensive listings

1. Country Club Bed & Breakfast - $459.9M
2. Casa Contenta - $100.0M
3. Available on a Strictly Confidential Basis - $12.3M
4. Rams Head Inn - $9.0M
5. The Governor's House Inn, circa 1760 - $7.5M

The 5 least expensive listings

1. Hostal El Momento - $24K
2. Historic Delano Inn Bed and Breakfast - $25K
3. ArubaBnB - $79K
4. cumon inn farm Auger Inn - $104K
5. Old Depot Hotel - $130K

DATA COVERAGE

737 properties for sale, covering:

• 51 states/territories
• 598 cities
• 615 owners/agents

States with the most inn listings: