Ford F-150 (14th Gen, 2021-2024) Market Analysis — June 2026
Executive Summary
The Ford F-150 (2021) market is currently stable, with a year-over-year price change of -3.2%. The data indicates a slight depreciation in value, suggesting that buyers may find better deals in the current market. An actionable insight is to focus on models with lower mileage, as they command higher prices and may offer better long-term value.
Market Snapshot
- Current inventory: 1,950 active listings
- Median asking price: $37,500 (historical median: $82,022)
- Price trend: Stable (-3.2% YoY)
- Market velocity: 37 days average time on market
PRICE TRENDS & APPRECIATION
Analyzing the quarterly trends, the market shows stability with fluctuations in median prices. For instance, in 2025-Q1, the median price was $76,777, while it dropped to $71,800 in 2026-Q1. The most recent quarter (2026-Q2) shows a median price of $73,500, indicating a slight recovery from the previous quarter. Overall, the average price has seen a decline from $82,022 to $37,500, reflecting a significant depreciation in the market.
Auction Market Dynamics
The sell-through rate stands at 67.8%, indicating a relatively healthy market, although it suggests that a significant number of vehicles are not selling. The median price for sold vehicles is $86,022, while the median high bid is $78,761, revealing a reserve gap that indicates sellers may have unrealistic expectations. The ratio of sold to unsold vehicles suggests that while buyers are willing to pay a premium, sellers may need to adjust their expectations to facilitate sales.
Configuration Value Guide
The body style breakdown shows that Crew Cab configurations command the highest average price at $33,872, followed by Pickup at $32,136. Regular Cab configurations are priced lower at an average of $27,107. The price by year indicates that the 2024 models are currently the most valuable, averaging $55,001, while the 2021 models average $32,841. This suggests that newer models are retaining their value better than older ones.
Mileage Impact
The mileage analysis reveals that vehicles with under 50,000 miles average $53,283, while those with 50,000 to 100,000 miles average $32,911, and vehicles over 100,000 miles average $26,654. This indicates that buyers are willing to pay a premium of approximately $20,000 for low-mileage vehicles, highlighting the importance of mileage in determining value.
Regional Pricing
Geographic distribution shows that the West region has the highest average price at $42,218, while the South has a lower average of $37,379. This suggests potential arbitrage opportunities for buyers in the South looking to purchase vehicles from the West, where prices are significantly higher.
Market Health Indicators
The market velocity indicates that vehicles are selling relatively quickly, with an average of 37 days on the market. However, the presence of 461 listings with price reductions suggests that there is some soft demand in the market. The introduction of 322 new listings this week indicates a steady supply of vehicles, which may further influence pricing dynamics.
Investment Outlook
Given the current trend direction of stability and the slight depreciation observed, the Ford F-150 (2021) does not appear to be an appreciating asset class at this time. A hold recommendation is advised, particularly for models with lower mileage, as they may offer better long-term value.
Buying Recommendations
Buyers should focus on Crew Cab and Pickup configurations, which command higher prices and may offer better resale value. Targeting vehicles with under 50,000 miles is advisable, as they average $53,283, significantly higher than those with more mileage. Additionally, buyers should be cautious of listings with high asking prices relative to the sold prices, as this indicates a potential reserve gap in auctions. A realistic bidding strategy should consider the median sold price of $86,022 compared to high bids of $78,761.
This analysis is generated from CarSearch.Pro's market database (802 historical sales, 1,950 active listings across 14 marketplaces) and refreshed automatically. It is market commentary, not financial advice.