The median asking price for a used Hyundai Ioniq 5 is $26,985 across 206 listings. A 2025 costs about $26,985; a 2023 about $27,464.
Hyundai Ioniq 5 price by model year
| Year | Typical price | Spread | Listings |
|---|---|---|---|
| 2025 | — | 6 | |
| 2024 | 1.3× | 71 | |
| 2023 | — | 20 |
A spread near 1.5× means the market agrees what a Hyundai Ioniq 5 of that year is worth. Past 3× the listings mix tidy examples with tired ones, and a careful buyer can do well — but the exact figure for one car depends on its mileage and history, which is what the valuation tool is for.
Dealer or private seller
Both figures are measured against the median for the same model year, so age is out of the comparison and what remains is the markup itself.
| Seller | Listings | vs median year | Average asked |
|---|---|---|---|
| Dealer | 187 | +0.8% | $26,923 |
How fast price falls with mileage
Taken from a single model year — 2024, the one with the most Hyundai Ioniq 5 listings — so the curve shows mileage alone rather than age creeping in alongside it. Between the 0–25k and 25–50k bands the asking price falls 9%.
| Mileage | Price drop | Listings |
|---|---|---|
| 0–25k miles | 94 | |
| 25–50k miles | 42 |
Between the lowest and highest mileage bands the asking price falls 9%. Most of that drop happens early: the first hundred thousand miles cost far more than the second.
Which options hold value
The single biggest swing on a Hyundai Ioniq 5 is drivetrain: 4WD asks +5% against the median of its own model year. Every figure here uses the same normalisation — an average premium or discount measured within each year, never across them.
| Option | Listings | vs median year | |
|---|---|---|---|
| Drivetrain | Four-wheel drive | 101 | +4.5% |
| Drivetrain | Front-wheel drive | 40 | -3.3% |
Where it's cheaper
States where the Hyundai Ioniq 5 asks least and most, measured against the national median for each model year. Dearest is MN at +10%, cheapest CA at -5% — 15 points apart, which on a $26,985 car is roughly $4,021.
| State | Listings | vs national median |
|---|---|---|
| CA | 63 | |
| OR | 30 | |
| CO | 50 | |
| WA | 19 | |
| MN | 33 |
Only states with enough listings to mean something are shown. Rust-belt winters, local demand and how many were sold there originally all pull these numbers around.
Asking prices are the market. What is that car worth?
- Exact value for one VIN, adjusted for its mileage
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How we count
The Hyundai Ioniq 5 figures here come from 206 live listings, 2022–2026 — asking prices, not sale prices. Sellers ask more than they get, so treat these as the top of the range, not the bottom.
Percentages here are never plain averages: each listing is first turned into its ratio against the median for its own model year, and those ratios are averaged instead. Without that step the numbers lie confidently — a flat average across 2022–2026 would mostly measure which years happen to be for sale this week. Slices too thin to survive the test are dropped rather than dressed up with an error bar, which for the Hyundai Ioniq 5 leaves 3 model years standing. The full method, with the traps it avoids →
Frequently asked questions
How much does a used Hyundai Ioniq 5 cost?
The median asking price is $26,985 across 206 live listings, ranging from about $27,464 for a 2023 to $26,985 for a 2025. These are asking prices — sellers generally accept less.
Where is the cheapest place to buy a Ioniq 5?
Of the states with enough listings, CA asks least at -5.4% against the national median, and MN most at +9.5%. On a $20,000 car that spread is worth a long drive.
What is this worth compared with my own car?
This page describes the market. To value a specific car by its year and mileage, use the Hyundai Ioniq 5 valuation tool.
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