As of July 2026, CarSearch.Pro's True Value model estimates a typical Lexus IS is actually worth $16,200 (fair range $14,300 to $18,200). Unlike the median asking price shown above, True Value is anchored to 58 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 $30,000 — about 85% above what these cars have actually been selling for. That gap favors patient buyers: negotiate from the sold data, not the ask.
As of July 2026, the Lexus IS market has 1,000 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $6,999, with the middle 50% of listings priced between $4,850 and $8,995. Lexus IS prices have decreased 34.7% over the past quarter, from a median sale price of $24,500 to $16,000.
The typical Lexus IS on the market has 149,121 miles. Listings spend an average of 4 days on market before selling or being removed.
Current Lexus IS Pricing
A fair price for a Lexus IS in July 2026 is between $4,850 and $8,995 (25th to 75th percentile). Prices range from $3,250 to $9,990 across 1,000 active listings.
Price Distribution (1,000 Active Listings)
Percentile
Price
Meaning
10th
$3,250
Budget / project cars
25th
$4,850
Below average price
Median (50th)
$6,999
Typical market price
75th
$8,995
Above average / premium
90th
$9,990
Top tier / low miles / rare spec
The average asking price is $6,823, which is lower than the median, suggesting pricing is relatively symmetrical across the market.
Price by Mileage
Mileage Range
Listings
Median Price
Under 10,000 mi
15
$3,750
10,000 - 25,000 mi
35
$4,000
25,000 - 50,000 mi
32
$4,000
50,000 - 100,000 mi
84
$6,800
100,000 - 150,000 mi
336
$7,999
Over 150,000 mi
494
$6,800
Lexus IS Price Trends
Lexus IS prices have decreased 34.7% over the past quarter. In 2026-Q2, the median sale price was $16,000 across 15 sales, down from $24,500 in 2026-Q1.
On a year-over-year basis, Lexus IS prices are down 48.8% ($16,000 vs. $31,250 a year ago).
Lexus IS Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2024-Q3
8
$42,500
$30,441
2024-Q4
9
$26,000
$23,394
2025-Q1
7
$27,250
$32,212
2025-Q2
14
$31,250
$31,710
2025-Q3
18
$17,900
$21,574
2025-Q4
42
$15,750
$26,849
2026-Q1
19
$24,500
$32,588
2026-Q2
15
$16,000
$26,938
Best Value Lexus IS by Model Year
The 2024 Lexus IS offers the best value with a median price of $3,000 across 9 listings. The most expensive model year is 2014 at a median of $9,489.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
2001
17
$5,000
$2,800
$10,000
2002
22
$6,500
$2,500
$9,995
2003
9
$3,500
$3,000
$9,000
2004
21
$6,995
$3,000
$10,080
2005
7
$5,700
$4,000
$10,000
2006
86
$5,300
$2,500
$10,000
2007
161
$6,495
$2,500
$10,505
2008
139
$6,500
$2,500
$10,695
2009
119
$7,800
$2,500
$10,795
2010
126
$7,499
$2,500
$10,795
2011
84
$7,700
$2,500
$10,772
2012
72
$8,430
$4,000
$10,695
2013
30
$8,500
$3,000
$10,084
2014
32
$9,489
$3,500
$10,507
2015
18
$8,950
$3,200
$10,495
2016
12
$8,962
$2,500
$10,400
2017
6
$7,950
$3,000
$9,500
2018
4
$4,995
$3,490
$5,000
2019
1
$2,500
$2,500
$2,500
2020
1
$3,000
$3,000
$3,000
2021
5
$3,000
$2,500
$3,500
2022
4
$3,000
$2,500
$3,300
2023
14
$3,500
$2,500
$4,000
2024
9
$3,000
$2,500
$6,000
2025
1
$4,993
$4,993
$4,993
How Mileage Affects Lexus IS Value
Most price guides assume value falls linearly with mileage. It doesn't. CarSearch.Pro learns the actual price-vs-mileage curve for the Lexus IS from confirmed sales, referenced to a typical example at about 89,500 miles:
Odometer (approx.)
Value Multiplier
Implied Value
469 mi
1.66x
$26,887
4,573 mi
1.79x
$28,959
9,504 mi
1.93x
$31,192
21,501 mi
1.21x
$19,547
43,629 mi
0.99x
$16,116
65,785 mi
1.13x
$18,314
96,673 mi
0.89x
$14,417
143,889 mi
0.77x
$12,478
219,524 mi
0.72x
$11,611
Low-mileage examples carry a real premium in this market: around 469 miles, cars trade at roughly 1.66x the reference value. At the other end, 219,524-mile examples trade at about 0.72x. Implied values here are anchored to this market's True Value.
Lexus IS Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↑ UP
49%
volatile
56% over 41 tests
12 months
↑ UP
49%
volatile
49% over 35 tests
24 months
↑ UP
50%
volatile
26% over 23 tests
These are probabilistic direction calls, not price targets. The "Past Accuracy" column is this model's real walk-forward record on the Lexus IS — 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 Lexus IS
The highest concentration of Lexus IS listings is in CA with 210 active listings, followed by TX (176), FL (92), WA (65), GA (60).
Regional pricing varies significantly. The lowest median price is in RI at $5,000, while VA has the highest at $8,694. Buyers willing to travel or arrange transport may find savings of $3,694.
Top States by Inventory
State
Listings
Median Price
CA
210
$6,800
TX
176
$6,295
FL
92
$6,999
WA
65
$7,000
GA
60
$7,999
AZ
44
$5,500
NJ
38
$7,900
IL
36
$7,000
VA
32
$8,694
MA
31
$7,250
Lexus IS Market Velocity
Lexus IS listings spend an average of 4 days on market. This is a fast-moving market. Buyers should expect competitive pricing and be prepared to act quickly on well-priced examples. Sellers can generally expect strong demand.
The median time on market is 4 days.
Lexus IS Buyer's Guide Summary
Fair price range: $4,850 to $8,995. The median is $6,999. Anything below $4,850 is a strong value; above $8,995 should be premium condition, low miles, or a desirable specification.
Trending down: Lexus IS prices have dropped 34.7% recently. Patient buyers may benefit from waiting, but desirable examples still sell quickly.
Best value year: The 2024 model year has the lowest median price at $3,000, making it the most accessible entry point into Lexus IS ownership.
Act fast: With an average of 4 days on market, good examples sell quickly. Have financing arranged and be ready to move on a listing within days.