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 5,000 sqft

Median lot size is 1.72 acres

Median year built is 1913

• Average number of guest rooms is 7.99
• Average number of guest bathrooms is 6.81
• 63% have a private bathroom for each guestroom
• 93% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,511,916
• Median price is $1,100,000
• Average price per square foot is $246

The 5 most expensive states (on average)

1. AK - 4 listings. Avg of $6.6M (from $498K to $22.0M)
2. RI - 1 listing at $3.5M
3. OR - 9 listings. Avg of $3.1M (from $945K to $8.0M)
4. TN - 7 listings. Avg of $2.7M (from $630K to $6.5M)
5. CO - 7 listings. Avg of $2.4M (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. IN - 2 listings. Avg of $552K (from $419K to $685K)
4. LA - 1 listing at $599K
5. NS - 1 listing at $600K

The 5 most expensive listings

1. The Landing Hotel - $22.0M
2. Solid Financial Property in Eureka Springs, AR - $8.0M
3. Confidential Oregon Hotel - C21003 - $8.0M
4. Confidential Oregon Opportunity - C21005 - $7.3M
5. Historic Cedarwood - $6.5M

The 5 least expensive listings

1. 82 Hostel Bogota - $70K
2. ArubaBnB - Former sailboat transformed in B&B - $99K
3. THE Sanctuary - $150K
4. The White House - $180K
5. The Cabin Off The Blue Ridge Parkway - $185K

DATA COVERAGE

360 properties for sale, covering:

• 46 states/territories
• 332 cities
• 315 owners/agents

States with the most inn listings: