Inn Market Snapshot


As of May 04, 2024

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 5,015 sqft
Chart - distribution of lot size
Median lot size is 1.00 acres
Chart - distribution of lot size
Median year built is 1910
Chart - distribution of when properties were built
  • Average number of guest rooms is 8.38
  • Average number of guest bathrooms is 7.17
  • 61% have a private bathroom for each guestroom
  • 92% have owner's quarters
PRICING
Inn for sale price distribution:
Chart - distribution of inns by price
  • Average price is $1,689,224
  • Median price is $1,100,000
  • Average price per square foot is $253
The 5 most expensive states (on average)
  1. AK - 3 listings. Avg of $7.9M (from $425K to $21.0M)
  2. NJ - 1 listing at $5.0M
  3. MT - 1 listing at $4.8M
  4. DE - 1 listing at $4.0M
  5. NC - 8 listings. Avg of $3.7M (from $880K to $16.0M)
The 5 least expensive states (on average)
  1. IN - 1 listing at $289K
  2. NE - 2 listings. Avg of $365K (from $335K to $395K)
  3. KS - 7 listings. Avg of $467K (from $80K to $900K)
  4. WY - 1 listing at $545K
  5. LA - 1 listing at $599K
The 5 most expensive listings
  1. The Landing Hotel - Price Reduced! - $21.0M
  2. The Waxhaw - $16.0M
  3. Saint Francis Resort & Marina - $15.0M
  4. Potential B&B in Central Texas - Resort Ranch - $8.2M
  5. Bella Vie Delray - $8.0M
The 5 least expensive listings
  1. The Farmer’s Home - $80K
  2. Lake Homes - $123K
  3. Park Motel - $150K
  4. Oak Valley Inn & suites - $150K
  5. 5 Crown Haven, Abaco Bahamas $altLife lease /sale - $199K
DATA COVERAGE
333 properties for sale, covering:
  • 49 states/territories
  • 304 cities
  • 284 owners/agents
States with the most inn listings:
Chart - the states with the most inn listings