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 5,000 sqft

Median lot size is 1.00 acres

Median year built is 1911

• Average number of guest rooms is 7.95
• Average number of guest bathrooms is 7.11
• 65% have a private bathroom for each guestroom
• 93% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,673,452
• Median price is $1,100,000
• Average price per square foot is $267

The 5 most expensive states (on average)

1. OR - 8 listings. Avg of $4.2M (from $945K to $12.5M)
2. RI - 1 listing at $3.5M
3. NC - 11 listings. Avg of $3.4M (from $0K to $16.0M)
4. MT - 1 listing at $3.0M
5. GA - 11 listings. Avg of $2.4M (from $450K to $6.0M)

The 5 least expensive states (on average)

1. IN - 1 listing at $289K
2. NE - 2 listings. Avg of $360K (from $325K to $395K)
3. KS - 9 listings. Avg of $447K (from $80K to $900K)
4. WY - 1 listing at $545K
5. PR - 1 listing at $550K

The 5 most expensive listings

1. Confidential PNW Hotel - C23012 - $22.5M
2. The Waxhaw - $16.0M
3. Confidential Oregon Hotel - C21003 - IN CONTRACT! - $12.5M
4. Waterfront Luxury Home and Marina In Belhaven, NC - $8.3M
5. Potential B&B in Central Texas - Resort Ranch - $8.2M

The 5 least expensive listings

1. The Farmer’s Home - $80K
2. ArubaBnB - Former sailboat transformed in B&B - $99K
3. Park Motel - $150K
4. Oak Valley Inn & suites - $150K
5. 5 Crown Haven, Abaco Bahamas $altLife lease /sale - $199K

DATA COVERAGE

331 properties for sale, covering:

• 46 states/territories
• 300 cities
• 279 owners/agents

States with the most inn listings: