As of Sep 24, 2023
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 5,000 sqft
Median lot size is 1.00 acres
Median year built is 1911
- Average number of guest rooms is 7.95
- Average number of guest bathrooms is 7.11
- 65% have a private bathroom for each guestroom
- 93% have owner's quarters
PRICING
Inn for sale price distribution:
- Average price is $1,673,452
- Median price is $1,100,000
- Average price per square foot is $267
The 5 most expensive states (on average)
- OR - 8 listings. Avg of $4.2M (from $945K to $12.5M)
- RI - 1 listing at $3.5M
- NC - 11 listings. Avg of $3.4M (from $0K to $16.0M)
- MT - 1 listing at $3.0M
- GA - 11 listings. Avg of $2.4M (from $450K to $6.0M)
The 5 least expensive states (on average)
- IN - 1 listing at $289K
- NE - 2 listings. Avg of $360K (from $325K to $395K)
- KS - 9 listings. Avg of $447K (from $80K to $900K)
- WY - 1 listing at $545K
- PR - 1 listing at $550K
DATA COVERAGE
331 properties for sale, covering:
- 46 states/territories
- 300 cities
- 279 owners/agents
States with the most inn listings: