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 5,421 sqft

Median lot size is 1.40 acres

Median year built is 1906

• Average number of guest rooms is 8.26
• Average number of guest bathrooms is 7.65
• 71% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,216,264
• Median price is $875,000
• Average price per square foot is $187

The 5 most expensive states (on average)

1. DE - 1 listing at $2.6M
2. CO - 27 listings. Avg of $2.5M (from $595K to $15.0M)
3. MT - 2 listings. Avg of $2.4M (from $2.2M to $2.7M)
4. OR - 16 listings. Avg of $2.3M (from $285K to $12.3M)
5. DC - 1 listing at $2.2M

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $182K (from $0K to $395K)
2. LA - 4 listings. Avg of $343K (from $215K to $575K)
3. KS - 8 listings. Avg of $420K (from $130K to $729K)
4. MN - 9 listings. Avg of $454K (from $0K to $1.2M)
5. IL - 9 listings. Avg of $549K (from $150K to $1.2M)

The 5 most expensive listings

1. Valley Haven Lodge - $15.0M
2. Available on a Strictly Confidential Basis - $12.3M
3. Rams Head Inn - $9.0M
4. Historic Stagecoach Ranch for Sale - $7.5M
5. Confidential OR Coast Portfolio - $7.2M

The 5 least expensive listings

1. Hostal El Momento - $24K
2. ArubaBnB - $59K
3. Harrisville, MI Bed & Breakfast Inn - $129K
4. Old Depot Hotel - $130K
5. 1880 Italianate Warren IL - $150K

DATA COVERAGE

665 properties for sale, covering:

• 50 states/territories
• 551 cities
• 560 owners/agents

States with the most inn listings: