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 4,900 sqft

Median lot size is 1.52 acres

Median year built is 1905

• Average number of guest rooms is 7.91
• Average number of guest bathrooms is 7.43
• 74% have a private bathroom for each guestroom
• 96% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,100,941
• Median price is $825,000
• Average price per square foot is $182

The 5 most expensive states (on average)

1. DE - 1 listing at $2.8M
2. MT - 2 listings. Avg of $2.7M (from $2.4M to $3.0M)
3. DC - 1 listing at $2.5M
4. PR - 3 listings. Avg of $2.0M (from $50K to $4.2M)
5. VI - 1 listing at $1.9M

The 5 least expensive states (on average)

1. NE - 2 listings. Avg of $113K (from $0K to $225K)
2. ND - 1 listing at $325K
3. IN - 11 listings. Avg of $497K (from $140K to $995K)
4. IA - 4 listings. Avg of $517K (from $0K to $1.3M)
5. WY - 1 listing at $529K

The 5 most expensive listings

1. Atlantic Palms Oceanfront Resort-Hotel For Sale-My - $12.8M
2. Missouri Inn and Wedding Event Center - $6.9M
3. Bed & Breakfast Inn at La Jolla - $6.0M
4. Hill Country Bed & Breakfast - $5.8M
5. Operating & Profitable Resort & Zipline 800+ Acres - $5.7M

The 5 least expensive listings

1. Hostal El Momento - $45K
2. The Palace Hostel - $50K
3. STOP!!! CAMPGROUND, JUNGLE AIRBNB - $79K
4. The Golden Slipper - $90K
5. The Golden Slipper - Boston's Original B&B Afloat - $90K

DATA COVERAGE

891 properties for sale, covering:

• 54 states
• 717 cities
• 728 owners/agents

States with the most inn listings: