Cessna 550 CITATION II Market Report
Jet · generated 2026-08-31 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
499in operation (FAA)
4for sale · 0.8% of fleet
$948kaverage asking
$812kmedian asking
13avg days on market
29registry transfers, 6 mo
5.6 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $499k | $948k | $1,670k |
| Model year | 1979 | 1984 | 1999 |
| Airframe time | 4,750 | 8,469 | 10,231 |
| Days on market | — | 13 | 22 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-08 | 4 | $948k |
Features of aircraft for sale
| GPS navigator | 100% (4) | |
| GTN 750 / 750Xi | 75% (3) | |
| Autopilot | 50% (2) | |
| ADS-B | 25% (1) | |
| FIKI | 0% (0) | |
| Glass flight deck | 0% (0) |
Fleet & safety
10NTSB events, 10 yr
1fatal
20.1per 1,000 airframes
Where the fleet is based top states, FAA registry
| DE | 61 | |
| FL | 58 | |
| TX | 47 | |
| OR | 30 | |
| CA | 26 | |
| AL | 18 | |
| TN | 16 | |
| IN | 14 | |
| OK | 14 | |
| AR | 13 |
16 of 499 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-09 | 6 | |
| 2025-10 | 5 | |
| 2025-11 | 1 | |
| 2025-12 | 5 | |
| 2026-01 | 9 | |
| 2026-02 | 8 | |
| 2026-03 | 4 | |
| 2026-04 | 7 | |
| 2026-05 | 7 | |
| 2026-06 | 5 | |
| 2026-07 | 6 |
Aircraft for sale 4 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 1979 | N695TA | 550-0374 | $499,000 | — | — | 9,815 | 2,785 | SkyBound Partners, LLC | 8 |
| 1980 | PENDING | Not Listed | $825,000 | — | — | 9,080 | 2,466 | Cloud Mind Aviation | 22 |
| 1981 | N48KH | 550-0295 | $799,000 | — | — | 10,231 | 3,979 | Spring City Aviation, Inc. | 22 |
| 1999 | N870B | 550-0870 | $1,670,000 | — | — | 4,750 | 3,555 | Thomas Peacock | 1 |
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 1972 | 1 | 0 | 0.0% | — | — | — |
| 1978 | 12 | 0 | 0.0% | — | — | — |
| 1979 | 22 | 1 | 4.5% | $499k | $499k | $499k |
| 1980 | 35 | 1 | 2.9% | $825k | $825k | $825k |
| 1981 | 41 | 1 | 2.4% | $799k | $799k | $799k |
| 1982 | 30 | 0 | 0.0% | — | — | — |
| 1983 | 14 | 0 | 0.0% | — | — | — |
| 1984 | 3 | 0 | 0.0% | — | — | — |
| 1987 | 5 | 0 | 0.0% | — | — | — |
| 1988 | 14 | 0 | 0.0% | — | — | — |
| 1989 | 10 | 0 | 0.0% | — | — | — |
| 1990 | 15 | 0 | 0.0% | — | — | — |
| 1991 | 18 | 0 | 0.0% | — | — | — |
| 1992 | 15 | 0 | 0.0% | — | — | — |
| 1993 | 4 | 0 | 0.0% | — | — | — |
| 1994 | 1 | 0 | 0.0% | — | — | — |
| 1997 | 15 | 0 | 0.0% | — | — | — |
| 1998 | 24 | 0 | 0.0% | — | — | — |
| 1999 | 25 | 1 | 4.0% | $1,670k | $1,670k | $1,670k |
| 2000 | 31 | 0 | 0.0% | — | — | — |
| 2001 | 33 | 0 | 0.0% | — | — | — |
| 2002 | 25 | 0 | 0.0% | — | — | — |
| 2003 | 14 | 0 | 0.0% | — | — | — |
| 2004 | 11 | 0 | 0.0% | — | — | — |
| 2005 | 10 | 0 | 0.0% | — | — | — |
| 2006 | 6 | 0 | 0.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-08-30 | Newly listed | 1999 N870B | $1,670k |
| 2026-08-23 | Off market | 1980 PENDING | $825k |
| 2026-08-23 | Newly listed | 1979 N695TA | $499k |
| 2026-08-09 | Newly listed | 1980 PENDING | $825k |
| 2026-08-09 | Newly listed | 1981 N48KH | $799k |
Operating costs full cost analysis →
$1,399,965annual budget · 325 hrs
$3,148variable cost / hour
$8.77cost per nm
171.0gph fuel burn
fyiEstimate values are market estimates from comparable asking prices (which skew high versus sold prices), not certified appraisals. Fleet and ownership figures from the FAA Releasable Registry; "registry transfers" count new registration certificates issued. Sold records from aircraft.com reflect the last asking price, not the transaction price. Monthly history is reconstructed from when listings first and last appeared.
