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 5,155 sqft

Median lot size is 1.41 acres

Median year built is 1907

• Average number of guest rooms is 8.11
• Average number of guest bathrooms is 7.40
• 73% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,734,870
• Median price is $786,800
• Average price per square foot is $279

The 5 most expensive states (on average)

1. NC - 43 listings. Avg of $11.8M (from $300K to $459.9M)
2. DE - 1 listing at $2.6M
3. DC - 1 listing at $2.5M
4. OR - 19 listings. Avg of $2.2M (from $379K to $12.3M)
5. ID - 5 listings. Avg of $2.0M (from $1.2M to $3.0M)

The 5 least expensive states (on average)

1. NE - 2 listings. Avg of $198K (from $0K to $395K)
2. KS - 7 listings. Avg of $461K (from $130K to $1.2M)
3. IL - 14 listings. Avg of $574K (from $175K to $949K)
4. MN - 10 listings. Avg of $609K (from $0K to $1.3M)
5. MO - 20 listings. Avg of $616K (from $0K to $1.6M)

The 5 most expensive listings

1. Country Club Bed & Breakfast - $459.9M
2. Available on a Strictly Confidential Basis - $12.3M
3. Rams Head Inn - $9.8M
4. The Governor's House Inn, circa 1760 - $8.3M
5. Hotter Ranch - $5.9M

The 5 least expensive listings

1. Hostal El Momento - $24K
2. Historic Delano Inn Bed and Breakfast - $25K
3. cumon inn farm Auger Inn - $104K
4. Old Depot Hotel - $130K
5. 1880 Josephine Hotel Bldg - $150K

DATA COVERAGE

836 properties for sale, covering:

• 51 states
• 675 cities
• 682 owners/agents

States with the most inn listings: