Inn Market Snapshot


As of Jun 19, 2019

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 5,149 sqft
Chart - distribution of lot size
Median lot size is 1.50 acres
Chart - distribution of lot size
Median year built is 1907
Chart - distribution of when properties were built
  • Average number of guest rooms is 7.98
  • Average number of guest bathrooms is 7.45
  • 73% have a private bathroom for each guestroom
  • 95% have owner's quarters
PRICING
Inn for sale price distribution:
Chart - distribution of inns by price
  • Average price is $1,133,348
  • Median price is $795,000
  • Average price per square foot is $180
The 5 most expensive states (on average)
  1. DE - 2 listings. Avg of $2.7M (from $2.5M to $3.0M)
  2. HI - 4 listings. Avg of $2.7M (from $1.3M to $4.6M)
  3. DC - 1 listing at $2.5M
  4. FL - 19 listings. Avg of $2.0M (from $529K to $4.8M)
  5. MT - 3 listings. Avg of $2.0M (from $995K 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 - 4 listings. Avg of $475K (from $370K to $729K)
  4. AL - 5 listings. Avg of $477K (from $150K to $975K)
  5. IN - 6 listings. Avg of $569K (from $280K to $949K)
The 5 most expensive listings
  1. Rams Head Inn - $9.8M
  2. Captain Lord Mansion - $6.9M
  3. Hotter Ranch - $5.9M
  4. Dollybrook Family Resort - $5.9M
  5. Paradise East - $5.7M
DATA COVERAGE
899 properties for sale, covering:
  • 51 states
  • 717 cities
  • 743 owners/agents
States with the most inn listings:
Chart - the states with the most inn listings