Inn Market Snapshot


As of Apr 25, 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 5,289 sqft
Chart - distribution of lot size
Median lot size is 1.60 acres
Chart - distribution of lot size
Median year built is 1907
Chart - distribution of when properties were built
  • Average number of guest rooms is 7.96
  • Average number of guest bathrooms is 7.38
  • 72% 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 $1,104,064
  • Median price is $760,000
  • Average price per square foot is $172
The 5 most expensive states (on average)
  1. HI - 3 listings. Avg of $3.0M (from $1.3M to $4.6M)
  2. DC - 1 listing at $2.5M
  3. DE - 3 listings. Avg of $2.4M (from $1.8M to $3.0M)
  4. MT - 2 listings. Avg of $2.0M (from $995K to $3.0M)
  5. UT - 7 listings. Avg of $1.7M (from $975K to $2.4M)
The 5 least expensive states (on average)
  1. NE - 3 listings. Avg of $288K (from $0K to $469K)
  2. ND - 1 listing at $325K
  3. KS - 4 listings. Avg of $475K (from $370K to $729K)
  4. MN - 8 listings. Avg of $508K (from $0K to $1.3M)
  5. IN - 4 listings. Avg of $556K (from $280K to $949K)
The 5 least expensive listings
  1. Hostal El Momento - $24K
  2. Helm Street - $100K
  3. cumon inn farm - $100K
  4. cumon inn farm Auger Inn - $104K
  5. 13 Seminary St, Union Springs, NY - $135K
DATA COVERAGE
863 properties for sale, covering:
  • 52 states
  • 695 cities
  • 715 owners/agents
States with the most inn listings:
Chart - the states with the most inn listings