As of October 2026, CarSearch.Pro's True Value model estimates a typical Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 is actually worth $27,000 (fair range $23,700 to $30,200). Unlike the median asking price shown above, True Value is anchored to 921 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 $16,500 — about 39% below what these cars have actually been selling for. Asks sitting below recent sold values can signal softening demand or motivated sellers.
Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 Market Summary
As of October 2026, the Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 market has 1,000 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $5,900, with the middle 50% of listings priced between $4,500 and $6,989. Shelby GT500/GT350 prices have decreased 14.8% over the past quarter, from a median sale price of $23,937 to $20,397.
The typical Shelby GT500/GT350 on the market has 150,000 miles. Listings spend an average of 5 days on market before selling or being removed.
Current Shelby GT500/GT350 Pricing
A fair price for a Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 in October 2026 is between $4,500 and $6,989 (25th to 75th percentile). Prices range from $3,995 to $7,495 across 1,000 active listings.
Price Distribution (1,000 Active Listings)
Percentile
Price
Meaning
10th
$3,995
Budget / project cars
25th
$4,500
Below average price
Median (50th)
$5,900
Typical market price
75th
$6,989
Above average / premium
90th
$7,495
Top tier / low miles / rare spec
The average asking price is $5,732, 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
10
$5,800
10,000 - 25,000 mi
11
$6,000
25,000 - 50,000 mi
3
$6,500
50,000 - 100,000 mi
85
$6,400
100,000 - 150,000 mi
381
$6,000
Over 150,000 mi
501
$5,495
Shelby GT500/GT350 Price Trends
Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 prices have decreased 14.8% over the past quarter. In 2026-Q4, the median sale price was $20,397 across 65 sales, down from $23,937 in 2026-Q3.
Shelby GT500/GT350 Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2026-Q2
327
$25,922
$29,975
2026-Q3
608
$23,937
$26,861
2026-Q4
65
$20,397
$22,988
Best Value Shelby GT500/GT350 by Model Year
The 2009 Shelby GT500/GT350 offers the best value with a median price of $5,450 across 52 listings. The most expensive model year is 2013 at a median of $6,550.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
2005
129
$5,495
$3,394
$7,700
2006
151
$5,500
$3,400
$7,792
2007
153
$5,600
$3,350
$7,799
2008
70
$5,999
$3,500
$7,500
2009
52
$5,450
$3,000
$7,795
2010
124
$6,250
$3,495
$7,700
2011
63
$5,800
$3,500
$7,771
2012
91
$6,499
$3,400
$7,799
2013
68
$6,550
$3,750
$7,750
2014
99
$6,500
$3,400
$7,799
How Mileage Affects Shelby GT500/GT350 Value
Most price guides assume value falls linearly with mileage. It doesn't. CarSearch.Pro learns the actual price-vs-mileage curve for the Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 from confirmed sales, referenced to a typical example at about 17,089 miles:
Odometer (approx.)
Value Multiplier
Implied Value
366 mi
1.71x
$46,051
4,700 mi
1.29x
$34,910
10,620 mi
1.17x
$31,605
21,768 mi
0.93x
$25,001
38,990 mi
0.79x
$21,361
61,920 mi
0.66x
$17,852
96,750 mi
0.42x
$11,433
138,899 mi
0.35x
$9,446
233,196 mi
0.51x
$13,766
Low-mileage examples carry a real premium in this market: around 366 miles, cars trade at roughly 1.71x the reference value. At the other end, 233,196-mile examples trade at about 0.51x. Implied values here are anchored to this market's True Value.
Shelby GT500/GT350 Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↓ DOWN
49%
volatile
66% over 140 tests
12 months
↓ DOWN
48%
volatile
54% over 134 tests
24 months
→ FLAT
50%
volatile
47% over 122 tests
These are probabilistic direction calls, not price targets. The "Past Accuracy" column is this model's real walk-forward record on the Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 — 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 Shelby GT500/GT350
The highest concentration of Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 listings is in TX with 144 active listings, followed by CA (135), FL (128), GA (57), NJ (52).
Regional pricing varies significantly. The lowest median price is in WA at $4,999, while NC has the highest at $6,999. Buyers willing to travel or arrange transport may find savings of $2,000.
Top States by Inventory
State
Listings
Median Price
TX
144
$5,500
CA
135
$5,500
FL
128
$5,995
GA
57
$5,690
NJ
52
$5,800
AZ
49
$5,500
CO
46
$5,000
WA
43
$4,999
VA
37
$6,995
IL
36
$5,495
Shelby GT500/GT350 Market Velocity
Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 listings spend an average of 5 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 5 days.
Shelby GT500/GT350 Buyer's Guide Summary
Fair price range: $4,500 to $6,989. The median is $5,900. Anything below $4,500 is a strong value; above $6,989 should be premium condition, low miles, or a desirable specification.
Trending down: Shelby GT500/GT350 prices have dropped 14.8% recently. Patient buyers may benefit from waiting, but desirable examples still sell quickly.
Best value year: The 2009 model year has the lowest median price at $5,450, making it the most accessible entry point into Shelby GT500/GT350 ownership.
Act fast: With an average of 5 days on market, good examples sell quickly. Have financing arranged and be ready to move on a listing within days.