Inn Market Snapshot


As of Aug 13, 2022

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
Chart - distribution of lot size
Median lot size is 1.70 acres
Chart - distribution of lot size
Median year built is 1909
Chart - distribution of when properties were built
  • Average number of guest rooms is 8.42
  • 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:
Chart - distribution of inns by price
  • 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 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:
Chart - the states with the most inn listings