As of October 2026, CarSearch.Pro's True Value model estimates a typical Toyota MR2 is actually worth $14,000 (fair range $12,300 to $15,700). Unlike the median asking price shown above, True Value is anchored to 198 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 $12,000 — about 14% 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 Toyota MR2 market has 310 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $11,996, with the middle 50% of listings priced between $8,000 and $15,995. Toyota MR2 prices have increased 86.5% over the past quarter, from a median sale price of $14,300 to $26,666.
The typical Toyota MR2 on the market has 112,734 miles. Listings spend an average of 136 days on market before selling or being removed.
Current Toyota MR2 Pricing
A fair price for a Toyota MR2 in October 2026 is between $8,000 and $15,995 (25th to 75th percentile). Prices range from $5,000 to $20,000 across 310 active listings.
Price Distribution (310 Active Listings)
Percentile
Price
Meaning
10th
$5,000
Budget / project cars
25th
$8,000
Below average price
Median (50th)
$11,996
Typical market price
75th
$15,995
Above average / premium
90th
$20,000
Top tier / low miles / rare spec
The average asking price is $13,607, 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
12
$17,999
10,000 - 25,000 mi
15
$12,000
25,000 - 50,000 mi
16
$16,500
50,000 - 100,000 mi
76
$13,500
100,000 - 150,000 mi
85
$12,130
Over 150,000 mi
83
$8,000
Toyota MR2 Price Trends
Toyota MR2 prices have increased 86.5% over the past quarter. In 2026-Q4, the median sale price was $26,666 across 2 sales, up from $14,300 in 2026-Q3.
On a year-over-year basis, Toyota MR2 prices are up 86.5% ($26,666 vs. $14,300 a year ago).
Toyota MR2 Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2025-Q1
29
$15,652
$18,808
2025-Q2
41
$13,101
$15,064
2025-Q3
43
$12,200
$14,857
2025-Q4
68
$14,300
$15,395
2026-Q1
43
$16,900
$18,525
2026-Q2
45
$14,069
$14,820
2026-Q3
60
$14,300
$15,858
2026-Q4
2
$26,666
$21,822
Best Value Toyota MR2 by Model Year
The 1985 Toyota MR2 offers the best value with a median price of $6,500 across 8 listings. The most expensive model year is 1996 at a median of $34,498.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
1985
8
$6,500
$4,500
$12,500
1986
21
$10,000
$2,500
$24,125
1987
16
$15,999
$5,000
$20,000
1988
9
$10,000
$3,500
$15,799
1989
8
$10,000
$3,500
$24,995
1990
7
$15,990
$7,995
$350,000
1991
40
$11,000
$2,500
$30,000
1992
19
$13,950
$5,000
$33,000
1993
22
$14,000
$3,500
$36,000
1994
4
$15,755
$4,500
$16,000
1995
2
$4,500
$4,300
$4,500
1996
4
$34,498
$15,994
$45,000
1997
1
$18,000
$18,000
$18,000
1998
1
$3,000
$3,000
$3,000
1999
2
$16,999
$15,000
$16,999
2000
22
$12,000
$4,500
$38,000
2001
39
$9,649
$2,500
$22,000
2002
39
$12,130
$3,500
$24,799
2003
34
$11,995
$3,750
$20,448
2004
4
$14,998
$10,289
$15,000
2005
7
$8,000
$5,000
$18,000
How Mileage Affects Toyota MR2 Value
Most price guides assume value falls linearly with mileage. It doesn't. CarSearch.Pro learns the actual price-vs-mileage curve for the Toyota MR2 from confirmed sales, referenced to a typical example at about 73,000 miles:
Odometer (approx.)
Value Multiplier
Implied Value
1,128 mi
1.97x
$27,556
5,769 mi
1.28x
$17,875
10,397 mi
1.24x
$17,407
23,482 mi
1.03x
$14,424
39,919 mi
1.19x
$16,609
63,289 mi
1.06x
$14,786
96,520 mi
0.88x
$12,256
146,546 mi
0.71x
$9,909
229,805 mi
0.56x
$7,846
Low-mileage examples carry a real premium in this market: around 1,128 miles, cars trade at roughly 1.97x the reference value. At the other end, 229,805-mile examples trade at about 0.56x. Implied values here are anchored to this market's True Value.
Toyota MR2 Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↓ DOWN
53%
volatile
54% over 65 tests
12 months
↓ DOWN
53%
volatile
51% over 59 tests
24 months
↓ DOWN
53%
volatile
43% over 47 tests
These are probabilistic direction calls, not price targets. The "Past Accuracy" column is this model's real walk-forward record on the Toyota MR2 — 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 Toyota MR2
The highest concentration of Toyota MR2 listings is in CA with 44 active listings, followed by TX (37), FL (25), WA (25), NJ (13).
Regional pricing varies significantly. The lowest median price is in TN at $7,500, while NY has the highest at $15,962. Buyers willing to travel or arrange transport may find savings of $8,462.
Top States by Inventory
State
Listings
Median Price
CA
44
$8,500
TX
37
$11,000
FL
25
$13,000
WA
25
$12,500
NJ
13
$11,450
MA
13
$15,000
IL
13
$13,956
NY
12
$15,962
PA
10
$15,000
CO
9
$7,999
Toyota MR2 Market Velocity
Toyota MR2 listings spend an average of 136 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 97 days. The lower median suggests most cars sell relatively quickly, while a smaller number of overpriced listings drag up the average.
Toyota MR2 Buyer's Guide Summary
Fair price range: $8,000 to $15,995. The median is $11,996. Anything below $8,000 is a strong value; above $15,995 should be premium condition, low miles, or a desirable specification.
Trending up: Toyota MR2 prices have risen 86.5% recently. Buying sooner may save money if the trend continues.
Best value year: The 1985 model year has the lowest median price at $6,500, making it the most accessible entry point into Toyota MR2 ownership.
Negotiate: With an average of 136 days on market, sellers are often willing to negotiate. Listings over 60 days old are especially open to offers.