Is the $27,500 price on this 2023 Hyundai IONIQ 5 a good deal?

OAV rates this as Fair Price because the asking price of $27,500 is within the typical market range for this vehicle.

What is the average price for a 2023 Hyundai IONIQ 5 in MN?

Based on 86 comparable listings in MN, the average asking price for a 2021-2025 Hyundai IONIQ 5 is $30,514, with prices ranging from $23,995 to $50,949.

How long does a 2023 Hyundai IONIQ 5 typically stay on dealer lots?

Comparable Hyundai IONIQ 5 listings in MN spend an average of 42 days on dealer lots.

Where is this 2023 Hyundai IONIQ 5 located?

This vehicle is listed in Minneapolis, MN 55437. VIN: KM8KNDAFXPU188593. Mileage: 33,063 miles.

What is the fair market price range for this 2023 Hyundai IONIQ 5?

OAV's Price-to-Market analysis estimates the fair market range is $24,649 to $30,945, based on 38 comparable vehicles.

2023 Hyundai IONIQ 5 SEL for Sale in Minneapolis, MN

No Photo Available

Vehicle Details

VINKM8KNDAFXPU188593

TrimSEL

Exterior ColorGray

Drivetrain4WD

TransmissionAutomatic

Fuel TypeElectric

Inventory Typeused

Days on Lot14

SEL

Fair Price

$27,50033,063 mi

Minneapolis, MN 55437

Is this 2023 Hyundai IONIQ 5 SEL a good deal?

OAV verdict: Fair Price

Why: Listed at $27,500, comparable market range $24,649–$30,945, based on 38 comparable listings. Days on lot: 14 days (market average 42 days).

Market price position

$27,500 · within market range

Regional range: $24,649 – $30,945
vs. market: $2,851 above low · $3,445 below high
Comparable vehicles: 38

Market Retail Price (MRP™)

$27,797

This vehicle $27,500 · $297 (1%) below MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$26,213

This vehicle $27,500 · $1,287 (5%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-29) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

High Demand

Similar vehicles recently sold in an estimated 11–33 days.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Local Range$26,148 – $28,000

Regional Range$24,649 – $30,945

Luther Bloomington Hyundai

Minneapolis, MN

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from luther bloomington hyundai →

Request availability and out-the-door price

OAV will route your inquiry to Luther Bloomington Hyundai for current availability of this 2023 Hyundai IONIQ 5 SEL and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2023 Hyundai IONIQ 5

Listing updated: Jul 28, 2026

Listed by a franchise dealer in Minneapolis, MN · On lot for 14 days · VIN verifiable at NHTSA

This used 2023 Hyundai IONIQ 5 SEL is listed at $27,500 by luther bloomington hyundai in Minneapolis, MN 55437. It has 33,063 miles on the odometer. The exterior color is Gray. It features a 4WD drivetrain and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 38 similar vehicles in the Minneapolis market, the estimated market range is $24,649 to $30,945. The local market range in MN is $26,148 to $28,000.

This vehicle has been on the lot for 14 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Minneapolis, MN electric market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2023 Hyundai IONIQ 5 against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Minneapolis, MN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KM8KNDAFXPU188593 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Hyundai IONIQ 5 Market in MN

Comparable Vehicles

Average Price

$30,514

Price Range

$23,995–$50,949

Avg Days on Lot

Based on 86 comparable 2021-2025 Hyundai IONIQ 5 listings in MN, the average asking price is $30,514. This listing at $27,500 is $3,014 below average (10% below market). Comparable prices in MN range from $23,995 to $50,949. Similar vehicles spend an average of 42 days on dealer lots in this market.