As of October 2026, CarSearch.Pro's True Value model estimates a typical Honda Element is actually worth $12,300 (fair range $10,800 to $13,700). Unlike the median asking price shown above, True Value is anchored to 94 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 $7,000 — about 43% below what these cars have actually been selling for. Asks sitting below recent sold values can signal softening demand or motivated sellers.
As of October 2026, the Honda Element market has 1,000 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $5,600, with the middle 50% of listings priced between $3,999 and $7,287. Honda Element prices have decreased 27.0% over the past quarter, from a median sale price of $10,500 to $7,666.
The typical Honda Element on the market has 190,193 miles. Listings spend an average of 93 days on market before selling or being removed.
Current Honda Element Pricing
A fair price for a Honda Element in October 2026 is between $3,999 and $7,287 (25th to 75th percentile). Prices range from $3,000 to $8,300 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)
$5,600
Typical market price
75th
$7,287
Above average / premium
90th
$8,300
Top tier / low miles / rare spec
The average asking price is $5,691, 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
7
$3,200
10,000 - 25,000 mi
8
$3,685
50,000 - 100,000 mi
11
$5,500
100,000 - 150,000 mi
157
$6,949
Over 150,000 mi
779
$5,496
Honda Element Price Trends
Honda Element prices have decreased 27.0% over the past quarter. In 2026-Q4, the median sale price was $7,666 across 3 sales, down from $10,500 in 2026-Q3.
On a year-over-year basis, Honda Element prices are down 29.7% ($7,666 vs. $10,900 a year ago).
Honda Element Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2025-Q1
26
$16,000
$16,788
2025-Q2
29
$10,300
$13,065
2025-Q3
37
$9,950
$11,532
2025-Q4
34
$10,900
$11,360
2026-Q1
23
$15,900
$14,052
2026-Q2
40
$11,900
$13,058
2026-Q3
54
$10,500
$12,457
2026-Q4
3
$7,666
$9,306
Best Value Honda Element by Model Year
The 2003 Honda Element offers the best value with a median price of $5,000 across 206 listings. The most expensive model year is 2011 at a median of $6,990.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
2003
206
$5,000
$2,500
$8,999
2004
143
$5,250
$2,500
$8,999
2005
161
$5,398
$2,500
$8,995
2006
130
$5,500
$2,500
$8,999
2007
107
$5,500
$2,500
$9,000
2008
118
$5,990
$2,500
$8,997
2009
31
$6,500
$2,900
$8,995
2010
56
$6,145
$2,700
$8,999
2011
47
$6,990
$3,750
$9,000
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 99,200 miles:
Odometer (approx.)
Value Multiplier
Implied Value
972 mi
1.36x
$16,720
4,330 mi
1.18x
$14,503
13,000 mi
1.26x
$15,498
21,774 mi
1.33x
$16,337
38,078 mi
1.18x
$14,455
64,385 mi
1.06x
$12,985
96,184 mi
1.01x
$12,429
155,609 mi
0.64x
$7,912
222,037 mi
0.52x
$6,410
Low-mileage examples carry a real premium in this market: around 972 miles, cars trade at roughly 1.36x the reference value. At the other end, 222,037-mile examples trade at about 0.52x. Implied values here are anchored to this market's True Value.
Honda Element Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↓ DOWN
52%
volatile
50% over 42 tests
12 months
↑ UP
49%
volatile
47% over 36 tests
24 months
↑ UP
50%
volatile
29% over 24 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 126 active listings, followed by FL (84), GA (82), TX (73), CO (54).
Regional pricing varies significantly. The lowest median price is in NY at $4,000, while AZ has the highest at $7,497. Buyers willing to travel or arrange transport may find savings of $3,497.
Top States by Inventory
State
Listings
Median Price
CA
126
$6,999
FL
84
$4,900
GA
82
$5,995
TX
73
$4,999
CO
54
$6,999
VA
54
$5,700
MA
53
$4,900
WA
53
$6,400
IL
49
$4,750
NJ
41
$4,225
Honda Element Market Velocity
Honda Element listings spend an average of 93 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 46 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 $7,287. The median is $5,600. Anything below $3,999 is a strong value; above $7,287 should be premium condition, low miles, or a desirable specification.
Trending down: Honda Element prices have dropped 27.0% recently. Patient buyers may benefit from waiting, but desirable examples still sell quickly.
Best value year: The 2003 model year has the lowest median price at $5,000, making it the most accessible entry point into Honda Element ownership.
Negotiate: With an average of 93 days on market, sellers are often willing to negotiate. Listings over 60 days old are especially open to offers.