H1’24 Trending Markets between $100K-500K

Using our CLASSIC.COM Market Benchmark*, we’ve analyzed over 6,000 individual markets** to pinpoint the top Growing and Slowing Markets so far in 2024 across three distinct value tiers: Over $500K, Between $100K-500K, and Under $100K. To qualify for this list, a market must have more than one sold listing between January-June 2024.

Note: CMB is an indicator of how recent market activity has impacted typical market values. It does not guarantee individual vehicle appreciation.

We evaluated 164 markets in this value tier. With an average growth of -0.3% and a standard deviation of 0.07, it’s clear that this tier remains very stable.

Market growth figures ranged from 37% to -41%. Excluding the top and bottom three markets, the range tightened to between 18% and -12%. Out of the 164 markets examined, 91 (56%) demonstrated negative growth, while the rest exhibited positive growth.

Similar to the sub 100K markets, the 100K-500K tier had only 8 markets that have seen continuous growth since January 2023, and only 14 markets showed continuous growth since June 2023. 20 markets have recovered during the first half of the year, with their benchmark values still below the mark for January 2023. These markets averaged 3.7% growth over the past 6 months.

Top 10 Growing Markets

Top 10 Slowing Markets

*The CLASSIC.COM Market Benchmark (CMB) is a benchmark value for vehicles in a given Market based on data accumulated by CLASSIC.COM and calculated by a proprietary algorithm that takes into account volume and recency of each data point. CMB can be used to assess the performance of a market over a given time period. However, it does not represent the value of a specific vehicle. 

** A Market on CLASSIC.COM is a grouping of comparable vehicles that have, at a minimum, the same Make, Model, and Model Generation. When relevant for purposes of valuation, a Market may be further segmented by Model Variant, Trim, Transmission Type, Body Style, and other factors. 

Read more in our Glossary of Terms