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 5,443 sqft

Median lot size is 1.49 acres

Median year built is 1907

• Average number of guest rooms is 8.22
• Average number of guest bathrooms is 7.55
• 72% have a private bathroom for each guestroom
• 95% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,185,781
• Median price is $800,000
• Average price per square foot is $188

The 5 most expensive states (on average)

1. DE - 1 listing at $2.6M
2. MT - 2 listings. Avg of $2.4M (from $2.2M to $2.7M)
3. OR - 15 listings. Avg of $2.3M (from $679K to $12.3M)
4. DC - 1 listing at $2.2M
5. CO - 25 listings. Avg of $2.1M (from $560K to $7.5M)

The 5 least expensive states (on average)

1. NE - 3 listings. Avg of $182K (from $0K to $395K)
2. LA - 4 listings. Avg of $367K (from $215K to $650K)
3. KS - 9 listings. Avg of $461K (from $130K to $1.2M)
4. SD - 1 listing at $539K
5. IL - 13 listings. Avg of $579K (from $150K to $1.2M)

The 5 most expensive listings

1. Available on a Strictly Confidential Basis - $12.3M
2. Rams Head Inn - $9.0M
3. Historic Stagecoach Ranch for Sale - $7.5M
4. The Angelina - $6.7M
5. The Residence Hotel Aspen - $6.2M

The 5 least expensive listings

1. Hostal El Momento - $24K
2. ArubaBnB - $79K
3. The Pirate Haus Inn. Awesome location in busy town - $100K
4. Harrisville, MI Bed & Breakfast Inn - $129K
5. Old Depot Hotel - $130K

DATA COVERAGE

716 properties for sale, covering:

• 51 states/territories
• 572 cities
• 591 owners/agents

States with the most inn listings: