As of July 2026, CarSearch.Pro's True Value model estimates a typical Honda Element is actually worth $12,400 (fair range $10,900 to $13,900). Unlike the median asking price shown above, True Value is anchored to 83 recent confirmed sales, normalized for mileage, and blends auction hammer prices (grossed up for buyer's premium) with real-world asking behavior.
Sellers are currently asking a median of $7,500 — about 40% below what these cars have actually been selling for. Asks sitting below recent sold values can signal softening demand or motivated sellers.
As of July 2026, the Honda Element market has 1,000 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $5,500, with the middle 50% of listings priced between $3,999 and $7,000. Honda Element prices have decreased 23.7% over the past quarter, from a median sale price of $16,500 to $12,595.
The typical Honda Element on the market has 184,000 miles. Listings spend an average of 87 days on market before selling or being removed.
Current Honda Element Pricing
A fair price for a Honda Element in July 2026 is between $3,999 and $7,000 (25th to 75th percentile). Prices range from $3,000 to $8,500 across 1,000 active listings.
Price Distribution (1,000 Active Listings)
Percentile
Price
Meaning
10th
$3,000
Budget / project cars
25th
$3,999
Below average price
Median (50th)
$5,500
Typical market price
75th
$7,000
Above average / premium
90th
$8,500
Top tier / low miles / rare spec
The average asking price is $5,669, which is higher than the median, indicating that high-priced outliers (rare specifications, very low mileage, or concours-quality examples) pull the average up.
Price by Mileage
Mileage Range
Listings
Median Price
Under 10,000 mi
4
$5,000
10,000 - 25,000 mi
7
$4,800
25,000 - 50,000 mi
3
$5,000
50,000 - 100,000 mi
20
$4,500
100,000 - 150,000 mi
189
$6,500
Over 150,000 mi
729
$5,495
Honda Element Price Trends
Honda Element prices have decreased 23.7% over the past quarter. In 2026-Q2, the median sale price was $12,595 across 12 sales, down from $16,500 in 2026-Q1.
On a year-over-year basis, Honda Element prices are up 22.3% ($12,595 vs. $10,300 a year ago).
Honda Element Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2024-Q3
17
$15,500
$17,056
2024-Q4
21
$11,500
$13,887
2025-Q1
26
$16,000
$16,788
2025-Q2
29
$10,300
$13,065
2025-Q3
37
$9,950
$11,532
2025-Q4
35
$10,900
$11,689
2026-Q1
16
$16,500
$14,373
2026-Q2
12
$12,595
$13,654
Best Value Honda Element by Model Year
The 2004 Honda Element offers the best value with a median price of $4,800 across 145 listings. The most expensive model year is 2010 at a median of $6,999.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
2003
193
$4,999
$2,500
$9,394
2004
145
$4,800
$2,500
$9,486
2005
174
$5,000
$2,500
$9,495
2006
149
$5,500
$2,500
$8,999
2007
82
$5,750
$2,600
$9,441
2008
147
$6,184
$2,500
$9,412
2009
29
$6,000
$2,500
$8,995
2010
33
$6,999
$2,995
$9,300
2011
47
$6,990
$3,000
$9,495
How Mileage Affects Honda Element Value
Most price guides assume value falls linearly with mileage. It doesn't. CarSearch.Pro learns the actual price-vs-mileage curve for the Honda Element from confirmed sales, referenced to a typical example at about 92,000 miles:
Odometer (approx.)
Value Multiplier
Implied Value
913 mi
1.61x
$19,906
4,330 mi
1.20x
$14,840
13,000 mi
1.23x
$15,304
22,106 mi
1.24x
$15,393
37,732 mi
1.20x
$14,938
63,686 mi
1.14x
$14,173
95,910 mi
0.98x
$12,107
156,845 mi
0.71x
$8,858
223,671 mi
0.56x
$6,884
Low-mileage examples carry a real premium in this market: around 913 miles, cars trade at roughly 1.61x the reference value. At the other end, 223,671-mile examples trade at about 0.56x. Implied values here are anchored to this market's True Value.
Honda Element Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↑ UP
44%
volatile
49% over 39 tests
12 months
↑ UP
43%
volatile
45% over 33 tests
24 months
↑ UP
42%
volatile
24% over 21 tests
These are probabilistic direction calls, not price targets. The "Past Accuracy" column is this model's real walk-forward record on the Honda Element — every month we re-run the forecast as if we only knew what was knowable then, and grade it against what actually happened. We publish the hit rate either way. Full methodology & track record →
Where to Buy a Honda Element
The highest concentration of Honda Element listings is in CA with 153 active listings, followed by FL (97), CO (67), WA (67), GA (63).
Regional pricing varies significantly. The lowest median price is in NY at $4,100, while CO has the highest at $6,998. Buyers willing to travel or arrange transport may find savings of $2,898.
Top States by Inventory
State
Listings
Median Price
CA
153
$6,750
FL
97
$4,900
CO
67
$6,998
WA
67
$5,500
GA
63
$5,490
TX
62
$4,800
VA
55
$5,795
IL
38
$4,376
MA
37
$5,500
OH
34
$6,200
Honda Element Market Velocity
Honda Element listings spend an average of 87 days on market. This is a slow-moving market. Listings tend to sit for extended periods, giving buyers significant negotiating power. Sellers should be realistic on pricing and patient.
The median time on market is 38 days. The lower median suggests most cars sell relatively quickly, while a smaller number of overpriced listings drag up the average.
Honda Element Buyer's Guide Summary
Fair price range: $3,999 to $7,000. The median is $5,500. Anything below $3,999 is a strong value; above $7,000 should be premium condition, low miles, or a desirable specification.
Trending down: Honda Element prices have dropped 23.7% recently. Patient buyers may benefit from waiting, but desirable examples still sell quickly.
Best value year: The 2004 model year has the lowest median price at $4,800, making it the most accessible entry point into Honda Element ownership.
Negotiate: With an average of 87 days on market, sellers are often willing to negotiate. Listings over 60 days old are especially open to offers.