As of Jul 26, 2024
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 1.00 acres
Median year built is 1910
- Average number of guest rooms is 8.14
- Average number of guest bathrooms is 6.99
- 61% have a private bathroom for each guestroom
- 92% have owner's quarters
PRICING
Inn for sale price distribution:
- Average price is $1,691,379
- Median price is $1,100,000
- Average price per square foot is $255
The 5 most expensive states (on average)
- AK - 4 listings. Avg of $6.9M (from $425K to $21.0M)
- NJ - 1 listing at $5.0M
- DE - 1 listing at $4.0M
- RI - 1 listing at $3.5M
- NC - 9 listings. Avg of $3.0M (from $650K to $16.0M)
The 5 least expensive states (on average)
- IN - 1 listing at $289K
- NE - 2 listings. Avg of $365K (from $335K to $395K)
- KS - 7 listings. Avg of $463K (from $80K to $900K)
- VT - 2 listings. Avg of $474K (from $399K to $549K)
- WY - 1 listing at $545K
DATA COVERAGE
354 properties for sale, covering:
- 47 states/territories
- 321 cities
- 301 owners/agents
States with the most inn listings: