Inn Market Snapshot


As of Jan 26, 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 5,500 sqft
Chart - distribution of lot size
Median lot size is 1.48 acres
Chart - distribution of lot size
Median year built is 1907
Chart - distribution of when properties were built
  • Average number of guest rooms is 8.81
  • Average number of guest bathrooms is 7.76
  • 66% 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 $1,382,471
  • Median price is $995,000
  • Average price per square foot is $205
The 5 most expensive states (on average)
  1. RI - 1 listing at $7.5M
  2. WY - 1 listing at $4.3M
  3. OR - 10 listings. Avg of $2.6M (from $875K to $7.3M)
  4. MT - 1 listing at $2.5M
  5. HI - 3 listings. Avg of $2.5M (from $1.8M to $3.9M)
The 5 least expensive states (on average)
  1. NE - 3 listings. Avg of $282K (from $150K to $395K)
  2. KS - 5 listings. Avg of $565K (from $125K to $1.2M)
  3. LA - 1 listing at $599K
  4. AL - 2 listings. Avg of $612K (from $399K to $825K)
  5. NB - 2 listings. Avg of $615K (from $329K to $900K)
The 5 most expensive listings
  1. Luxury Blowing Rock NC Resort & Spa - $14.0M
  2. The Atlantic Inn - $7.5M
  3. Investment Hotel for Sale - $7.4M
  4. Confidential Oregon Opportunity - C21005 - $7.3M
  5. Hotter Ranch - $5.9M
The 5 least expensive listings
  1. SOLD!- Thurston House Bed & Breakfast - $65K
  2. 82 Hostel Bogota - $70K
  3. ArubaBnB - $79K
  4. Parsons House with the Red Floor - $125K
  5. Old Depot Hotel - $130K
DATA COVERAGE
421 properties for sale, covering:
  • 49 states/territories
  • 371 cities
  • 354 owners/agents
States with the most inn listings:
Chart - the states with the most inn listings