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 5,000 sqft

Median lot size is 1.70 acres

Median year built is 1909

• Average number of guest rooms is 8.42
• Average number of guest bathrooms is 6.94
• 61% have a private bathroom for each guestroom
• 94% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,539,070
• Median price is $995,000
• Average price per square foot is $246

The 5 most expensive states (on average)

1. RI - 2 listings. Avg of $5.5M (from $3.5M to $7.5M)
2. AK - 5 listings. Avg of $5.3M (from $240K to $22.0M)
3. OR - 12 listings. Avg of $3.0M (from $750K to $8.0M)
4. TN - 7 listings. Avg of $2.8M (from $630K to $6.5M)
5. CO - 5 listings. Avg of $2.6M (from $599K to $5.9M)

The 5 least expensive states (on average)

1. NE - 5 listings. Avg of $322K (from $150K to $500K)
2. AL - 3 listings. Avg of $406K (from $350K to $470K)
3. LA - 1 listing at $599K
4. NB - 2 listings. Avg of $615K (from $329K to $900K)
5. KS - 2 listings. Avg of $623K (from $547K to $699K)

The 5 most expensive listings

1. The Landing Hotel - JUST LISTED! - $22.0M
2. Solid Financial Property in Eureka Springs, AR - $8.0M
3. Confidential Oregon Hotel - C21003 - $8.0M
4. The Atlantic Inn - $7.5M
5. Confidential Oregon Opportunity - C21005 - $7.3M

The 5 least expensive listings

1. 82 Hostel Bogota - $70K
2. Casa Blanca - $135K
3. THE Sanctuary - $150K
4. The White House - $180K
5. The Cabin Off The Blue Ridge Parkway - $185K

DATA COVERAGE

348 properties for sale, covering:

• 46 states/territories
• 315 cities
• 302 owners/agents

States with the most inn listings: