Is the $28,900 price on this 2024 Hyundai IONIQ 5 a good deal?

OAV rates this as Fair Price because the asking price of $28,900 is within the typical market range for this vehicle.

What is the average price for a 2024 Hyundai IONIQ 5 in OR?

Based on 489 comparable listings in OR, the average asking price for a 2022-2026 Hyundai IONIQ 5 is $39,725, with prices ranging from $23,921 to $60,799.

How long does a 2024 Hyundai IONIQ 5 typically stay on dealer lots?

Comparable Hyundai IONIQ 5 listings in OR spend an average of 60 days on dealer lots.

Where is this 2024 Hyundai IONIQ 5 located?

This vehicle is listed in Salem, OR 97301. VIN: KM8KNDDF8RU249776. Mileage: 20,352 miles.

What is the fair market price range for this 2024 Hyundai IONIQ 5?

OAV's Price-to-Market analysis estimates the fair market range is $24,500 to $30,750, based on 105 comparable vehicles.

2024 Hyundai IONIQ 5 SEL for Sale in Salem, OR

No Photo Available

Vehicle Details

VINKM8KNDDF8RU249776

TrimSEL

Exterior ColorWhite

Drivetrain4WD

TransmissionAutomatic

Fuel TypeElectric

Inventory Typeused

Days on Lot24

SEL

Fair Price

$28,90020,352 mi

Salem, OR 97301

Is this 2024 Hyundai IONIQ 5 SEL a good deal?

OAV verdict: Fair Price

Why: Listed at $28,900, comparable market range $24,500–$30,750, based on 105 comparable listings. Days on lot: 24 days (market average 60 days).

Market price position

$28,900 · within market range

Regional range: $24,500 – $30,750
vs. market: $4,400 above low · $1,850 below high
Comparable vehicles: 105

Market Retail Price (MRP™)

$27,625

This vehicle $28,900 · $1,275 (5%) above 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™)

$26,392

This vehicle $28,900 · $2,508 (10%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-30) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

High Demand

Similar vehicles recently sold in an estimated 11–32 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$28,900 – $29,150

Regional Range$24,500 – $30,750

Bmw Of Salem

Salem, OR

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

View all vehicles from bmw of salem →

Request availability and out-the-door price

OAV will route your inquiry to Bmw Of Salem for current availability of this 2024 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 2024 Hyundai IONIQ 5

Listing updated: Jul 29, 2026

Listed by a franchise dealer in Salem, OR · On lot for 24 days · VIN verifiable at NHTSA

This used 2024 Hyundai IONIQ 5 SEL is listed at $28,900 by bmw of salem in Salem, OR 97301. It has 20,352 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is White. 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 105 similar vehicles in the Salem market, the estimated market range is $24,500 to $30,750. The local market range in OR is $28,900 to $29,150.

This vehicle has been on the lot for 24 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 Salem, OR 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 2024 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 Salem, OR, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KM8KNDDF8RU249776 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.

2024 Hyundai IONIQ 5 Market in OR

Comparable Vehicles

489

Average Price

$39,725

Price Range

$23,921–$60,799

Avg Days on Lot

Based on 489 comparable 2022-2026 Hyundai IONIQ 5 listings in OR, the average asking price is $39,725. This listing at $28,900 is $10,825 below average (27% below market). Comparable prices in OR range from $23,921 to $60,799. Similar vehicles spend an average of 60 days on dealer lots in this market.