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 1907

• Average number of guest rooms is 8.29
• Average number of guest bathrooms is 7.42
• 64% have a private bathroom for each guestroom
• 93% have owner's quarters

PRICING

Inn for sale price distribution:

• Average price is $1,637,826
• Median price is $997,450
• Average price per square foot is $264

The 5 most expensive states (on average)

1. NJ - 1 listing at $5.0M
2. RI - 1 listing at $3.5M
3. FL - 17 listings. Avg of $2.6M (from $244K to $8.3M)
4. NC - 12 listings. Avg of $2.5M (from $500K to $16.0M)
5. OR - 10 listings. Avg of $2.5M (from $725K to $7.5M)

The 5 least expensive states (on average)

1. NE - 2 listings. Avg of $365K (from $335K to $395K)
2. KS - 7 listings. Avg of $463K (from $80K to $900K)
3. PR - 2 listings. Avg of $500K (from $370K to $630K)
4. IN - 2 listings. Avg of $540K (from $289K to $790K)
5. WY - 1 listing at $545K

The 5 most expensive listings

1. The Waxhaw - $16.0M
2. Saint Francis Resort & Marina - $15.0M
3. PARK NESIA ROYAL REGAL HOTEL (3 STARS) - $10.2M
4. Bliss by the Sea Bed & Breakfast - $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. Lake Homes for - $123K
3. Park Motel - $150K
4. Oak Valley Inn & suites - $150K
5. Country Home overlooking Alma Pond in Alma NY - $190K

DATA COVERAGE

369 properties for sale, covering:

• 46 states/territories
• 336 cities
• 318 owners/agents

States with the most inn listings: