Cessna CITATION 500 SP Market Report
Jet · generated 2026-08-31 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
253in operation (FAA)
4for sale · 1.6% of fleet
$697kaverage asking
$695kmedian asking
22avg days on market
21registry transfers, 6 mo
5.5 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $550k | $697k | $850k |
| Model year | 1972 | 1977 | 1981 |
| Airframe time | 4,998 | 7,896 | 10,379 |
| Days on market | — | 22 | 23 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-08 | 5 | $668k |
Features of aircraft for sale
| ADS-B | 50% (2) | |
| GPS navigator | 50% (2) | |
| Autopilot | 50% (2) | |
| GTN 750 / 750Xi | 50% (2) | |
| Glass flight deck | 25% (1) | |
| FIKI | 0% (0) |
Where the fleet is based top states, FAA registry
| FL | 48 | |
| TX | 26 | |
| DE | 24 | |
| CA | 11 | |
| OH | 8 | |
| TN | 8 | |
| AZ | 7 | |
| LA | 7 | |
| MT | 7 | |
| OR | 7 |
26 of 253 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-09 | 6 | |
| 2025-10 | 5 | |
| 2025-11 | 2 | |
| 2025-12 | 3 | |
| 2026-02 | 1 | |
| 2026-03 | 4 | |
| 2026-04 | 5 | |
| 2026-05 | 6 | |
| 2026-06 | 2 | |
| 2026-07 | 4 |
Aircraft for sale 4 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 1972 | C-GPLN | 500-0016 | $850,000 | $672,250 | +26% | 6,078 | 139 | Scott MacDonald Aircraft Sal | 23 |
| 1976 | N3095M | 500-0250 | $550,000 | $612,750 | -10% | 10,379 | 3,187 | Scott MacDonald Aircraft Sal | 23 |
| 1980 | N551MS | 501-0147 | $639,500 | $766,250 | -16% | 4,998 | 1,680 | Jets West | 22 |
| 1981 | N1EJ | 5010191 | $750,000 | $680,000 | +10% | 10,129 | 151 | Benjamin Nemser | 22 |
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 1971 | 1 | 0 | 0.0% | — | — | — |
| 1972 | 7 | 1 | 14.3% | $850k | $850k | $850k |
| 1973 | 12 | 0 | 0.0% | — | — | — |
| 1974 | 12 | 0 | 0.0% | — | — | — |
| 1975 | 7 | 0 | 0.0% | — | — | — |
| 1976 | 5 | 1 | 20.0% | $550k | $550k | $550k |
| 1977 | 31 | 0 | 0.0% | — | — | — |
| 1978 | 20 | 0 | 0.0% | — | — | — |
| 1979 | 31 | 0 | 0.0% | — | — | — |
| 1980 | 21 | 1 | 4.8% | $640k | $640k | $640k |
| 1981 | 30 | 1 | 3.3% | $750k | $750k | $750k |
| 1982 | 10 | 0 | 0.0% | — | — | — |
| 1983 | 4 | 0 | 0.0% | — | — | — |
| 1984 | 5 | 0 | 0.0% | — | — | — |
| 1985 | 2 | 0 | 0.0% | — | — | — |
| 1999 | 2 | 0 | 0.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|---|---|
| 1972 | 1 | $672,250 |
| 1976 | 1 | $612,750 |
| 1980 | 1 | $766,250 |
| 1981 | 1 | $680,000 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 4,000–5,999 | 1 | $639,500 | $766,250 |
| 6,000–7,999 | 1 | $850,000 | $672,250 |
| 10,000–11,999 | 2 | $650,000 | $646,375 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-08-30 | Price change | 1980 N551MS | $400k → $640k |
| 2026-08-09 | Newly listed | 1981 N1EJ | $750k |
| 2026-08-09 | Newly listed | 1980 N551MS | $640k |
| 2026-08-09 | Newly listed | 1976 N3095M | $550k |
| 2026-08-08 | Newly listed | 1976 N3095M | $550k |
| 2026-08-08 | Newly listed | 1972 C-GPLN | $850k |
Sold aircraft.com sold records · last asking at sale
1sold records
$1,150kavg last asking
$1,150k – $1,150krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 1 | $1,150k |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-08-16 | 1974 | N550RS | 12,667 | $1,150k |
Operating costs full cost analysis →
$728,077annual budget · 310 hrs
$1,438variable cost / hour
$4.05cost per nm
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.
