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 5,500 sqft

Median lot size is 1.34 acres

Median year built is 1907

• Average number of guest rooms is 8.21
• Average number of guest bathrooms is 7.61
• 72% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,159,892
• Median price is $850,000
• Average price per square foot is $177

The 5 most expensive states (on average)

1. OR - 12 listings. Avg of $2.6M (from $499K to $12.3M)
2. DC - 1 listing at $2.2M
3. UT - 5 listings. Avg of $2.0M (from $750K to $2.9M)
4. WA - 11 listings. Avg of $1.9M (from $500K to $5.3M)
5. CO - 19 listings. Avg of $1.7M (from $595K to $5.9M)

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $231K (from $149K to $395K)
2. LA - 4 listings. Avg of $343K (from $215K to $575K)
3. KS - 9 listings. Avg of $396K (from $130K to $729K)
4. AL - 4 listings. Avg of $399K (from $350K to $499K)
5. MN - 7 listings. Avg of $475K (from $0K to $1.2M)

The 5 most expensive listings

1. Oregon Coast Luxury Destination Resort - $12.3M
2. Rams Head Inn - $9.0M
3. Confidential OR Coast Portfolio - ACCEPTED OFFER - $7.2M
4. Hotter Ranch - $5.9M
5. Alta Crystal Resort - IN CONTRACT - $5.3M

The 5 least expensive listings

1. Hostal El Momento - $24K
2. ArubaBnB - $69K
3. 82 Hostel Bogota - $70K
4. Old Depot Hotel - $130K
5. Undisclosed - $149K

DATA COVERAGE

576 properties for sale, covering:

• 48 states/territories
• 486 cities
• 491 owners/agents

States with the most inn listings: