Inn Market Snapshot


As of Jul 09, 2020

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 5,373 sqft
Chart - distribution of lot size
Median lot size is 1.43 acres
Chart - distribution of lot size
Median year built is 1909
Chart - distribution of when properties were built
  • Average number of guest rooms is 8.19
  • Average number of guest bathrooms is 7.57
  • 73% have a private bathroom for each guestroom
  • 94% have owner's quarters
PRICING
Inn for sale price distribution:
Chart - distribution of inns by price
  • Average price is $1,184,679
  • Median price is $798,000
  • Average price per square foot is $187
The 5 most expensive states (on average)
  1. DE - 1 listing at $2.6M
  2. OR - 12 listings. Avg of $2.5M (from $679K to $12.3M)
  3. MT - 2 listings. Avg of $2.4M (from $2.2M to $2.7M)
  4. DC - 1 listing at $2.2M
  5. CO - 25 listings. Avg of $1.9M (from $450K to $7.5M)
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 - 12 listings. Avg of $557K (from $150K to $949K)
  5. WY - 1 listing at $630K
The 5 most expensive listings
  1. Available on a Strictly Confidential Basis - $12.3M
  2. Rams Head Inn - $9.0M
  3. Historic Stagecoach Ranch for Sale - $7.5M
  4. The Governor's House Inn, circa 1760 - $7.5M
  5. The Angelina - $6.7M
The 5 least expensive listings
  1. Hostal El Momento - $24K
  2. Historic Delano Inn Bed and Breakfast - $25K
  3. ArubaBnB - $79K
  4. The Pirate Haus Inn - $100K
  5. cumon inn farm Auger Inn - $104K
DATA COVERAGE
743 properties for sale, covering:
  • 51 states/territories
  • 600 cities
  • 622 owners/agents
States with the most inn listings:
Chart - the states with the most inn listings