As of September 2026, CarSearch.Pro's True Value model estimates a typical Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 is actually worth $28,200 (fair range $24,800 to $31,600). Unlike the median asking price shown above, True Value is anchored to 946 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 $17,000 — about 40% 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 September 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 $5,500, with the middle 50% of listings priced between $4,000 and $6,500. Shelby GT500/GT350 prices have decreased 17.9% over the past quarter, from a median sale price of $27,995 to $22,995.
The typical Shelby GT500/GT350 on the market has 152,000 miles. Listings spend an average of 6 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 September 2026 is between $4,000 and $6,500 (25th to 75th percentile). Prices range from $3,200 to $7,000 across 1,000 active listings.
Price Distribution (1,000 Active Listings)
Percentile
Price
Meaning
10th
$3,200
Budget / project cars
25th
$4,000
Below average price
Median (50th)
$5,500
Typical market price
75th
$6,500
Above average / premium
90th
$7,000
Top tier / low miles / rare spec
The average asking price is $5,311, 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
6
$5,000
10,000 - 25,000 mi
16
$5,500
25,000 - 50,000 mi
5
$4,900
50,000 - 100,000 mi
59
$6,000
100,000 - 150,000 mi
377
$5,900
Over 150,000 mi
526
$5,000
Shelby GT500/GT350 Price Trends
Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 prices have decreased 17.9% over the past quarter. In 2026-Q3, the median sale price was $22,995 across 466 sales, down from $27,995 in 2026-Q2.
Shelby GT500/GT350 Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2026-Q1
38
$26,975
$31,512
2026-Q2
496
$27,995
$31,453
2026-Q3
466
$22,995
$26,559
Best Value Shelby GT500/GT350 by Model Year
The 2005 Shelby GT500/GT350 offers the best value with a median price of $4,500 across 161 listings. The most expensive model year is 2014 at a median of $6,400.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
2005
161
$4,500
$2,500
$7,500
2006
159
$5,000
$2,500
$7,500
2007
150
$5,000
$2,500
$7,500
2008
76
$5,640
$2,500
$7,500
2009
50
$5,495
$2,600
$7,494
2010
109
$5,999
$2,500
$7,499
2011
46
$5,988
$2,500
$7,397
2012
92
$5,776
$2,500
$7,500
2013
56
$6,000
$2,500
$7,500
2014
100
$6,400
$2,600
$7,500
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 17,000 miles:
Odometer (approx.)
Value Multiplier
Implied Value
391 mi
1.62x
$45,595
4,709 mi
1.28x
$36,135
10,595 mi
1.18x
$33,396
21,829 mi
0.92x
$25,865
38,989 mi
0.78x
$22,131
61,717 mi
0.65x
$18,303
96,611 mi
0.42x
$11,929
137,968 mi
0.35x
$9,814
234,271 mi
0.48x
$13,445
Low-mileage examples carry a real premium in this market: around 391 miles, cars trade at roughly 1.62x the reference value. At the other end, 234,271-mile examples trade at about 0.48x. Implied values here are anchored to this market's True Value.
Shelby GT500/GT350 Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↑ UP
51%
volatile
66% over 139 tests
12 months
↑ UP
52%
volatile
53% over 133 tests
24 months
↑ UP
53%
volatile
41% over 121 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 197 active listings, followed by CA (149), FL (113), GA (88), AZ (52).
Regional pricing varies significantly. The lowest median price is in NY at $4,000, while NC has the highest at $6,999. Buyers willing to travel or arrange transport may find savings of $2,999.
Top States by Inventory
State
Listings
Median Price
TX
197
$5,100
CA
149
$5,000
FL
113
$5,800
GA
88
$5,000
AZ
52
$5,000
WA
51
$5,300
NJ
51
$5,490
IL
40
$5,380
MI
33
$5,200
MA
33
$5,700
Shelby GT500/GT350 Market Velocity
Ford Mustang (S197, 2005-2014) Shelby GT500/GT350 listings spend an average of 6 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 6 days.
Shelby GT500/GT350 Buyer's Guide Summary
Fair price range: $4,000 to $6,500. The median is $5,500. Anything below $4,000 is a strong value; above $6,500 should be premium condition, low miles, or a desirable specification.
Trending down: Shelby GT500/GT350 prices have dropped 17.9% recently. Patient buyers may benefit from waiting, but desirable examples still sell quickly.
Best value year: The 2005 model year has the lowest median price at $4,500, making it the most accessible entry point into Shelby GT500/GT350 ownership.
Act fast: With an average of 6 days on market, good examples sell quickly. Have financing arranged and be ready to move on a listing within days.