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 5,107 sqft

Median lot size is 1.49 acres

Median year built is 1908

• Average number of guest rooms is 8.07
• Average number of guest bathrooms is 7.36
• 73% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,706,166
• Median price is $795,000
• Average price per square foot is $278

The 5 most expensive states (on average)

1. NC - 52 listings. Avg of $9.9M (from $0K to $459.9M)
2. DE - 2 listings. Avg of $2.8M (from $2.6M to $3.0M)
3. DC - 1 listing at $2.5M
4. OR - 18 listings. Avg of $2.4M (from $579K to $12.3M)
5. ID - 5 listings. Avg of $2.0M (from $1.2M to $3.0M)

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $215K (from $0K to $395K)
2. ND - 1 listing at $325K
3. KS - 6 listings. Avg of $449K (from $274K to $729K)
4. IN - 7 listings. Avg of $480K (from $280K to $799K)
5. MN - 11 listings. Avg of $617K (from $0K to $1.3M)

The 5 most expensive listings

1. Country Club Bed & Breakfast - $459.9M
2. Available on a Strictly Confidential Basis - $12.3M
3. Rams Head Inn - $9.8M
4. The Governor's House Inn, circa 1760 - $8.3M
5. Hotter Ranch - $5.9M

The 5 least expensive listings

1. Hostal El Momento - $24K
2. cumon inn farm Auger Inn - $104K
3. 1880 Josephine Hotel Bldg - $150K
4. Little Red Hen Diner B&B - $169K
5. Woodland creek cabins - $172K

DATA COVERAGE

877 properties for sale, covering:

• 52 states
• 708 cities
• 719 owners/agents

States with the most inn listings: