Piper ARROW III Market Report
Single-Engine Piston · generated 2026-08-31 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
721in operation (FAA)
13for sale · 1.8% of fleet
$170kaverage asking
$155kmedian asking
31avg days on market
26registry transfers, 6 mo
10.0 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $88k | $170k | $298k |
| Model year | 1977 | 1991 | 2014 |
| Airframe time | 1,502 | 5,324 | 9,311 |
| Days on market | — | 31 | 84 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-06 | 1 | $298k | |
| 2026-07 | 5 | $203k | |
| 2026-08 | 19 | $182k |
Features of aircraft for sale
| GPS navigator | 69% (9) | |
| Autopilot | 62% (8) | |
| ADS-B | 46% (6) | |
| GTN 750 / 750Xi | 15% (2) | |
| Glass flight deck | 15% (2) | |
| FIKI | 0% (0) |
Where the fleet is based top states, FAA registry
| FL | 72 | |
| CA | 69 | |
| TX | 59 | |
| CO | 27 | |
| GA | 25 | |
| IL | 24 | |
| DE | 22 | |
| NC | 21 | |
| OH | 21 | |
| MA | 19 |
280 of 721 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-09 | 6 | |
| 2025-10 | 6 | |
| 2025-11 | 3 | |
| 2025-12 | 3 | |
| 2026-01 | 7 | |
| 2026-02 | 2 | |
| 2026-03 | 6 | |
| 2026-04 | 6 | |
| 2026-05 | 1 | |
| 2026-06 | 6 | |
| 2026-07 | 6 | |
| 2026-08 | 2 |
Aircraft for sale 13 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 1977 | — | Inquire | $89,750 | — | 8,710 | 1,830 | Aircraft Sales Australia | 25 | |
| 1977 | N2672Q | 28R-7737040 | $88,000 | $107,000 | -18% | 9,311 | 1,842 | Skywagons LLC | 24 |
| 1977 | — | $88,000 | $103,250 | -15% | — | — | Mark Pilkington N | 22 | |
| 1978 | N47709 | 28R-7803002 | $99,950 | $106,750 | -6% | — | — | American Aircraft Sales Co | 22 |
| 1978 | — | $145,000 | $102,250 | +42% | 7,950 | 1,128 | Hunter Nance | 35 | |
| 1978 | C-GRCP | $155,000 | $116,500 | +33% | 3,811 | 1,995 | Gary Busse | 25 | |
| 1978 | N3873M | 28R-7803198 | $169,900 | $111,000 | +53% | 4,451 | 1,418 | R3 Aviation Services | 33 |
| 2001 | SX-AST | 28-44056 | Inquire | — | — | 5,200 | 302 | AEROMECCANICA SA | 22 |
| 2002 | N53580 | 2844087 | Inquire | — | — | 4,671 | — | Synergy Aircraft Sales | 34 |
| 2005 | G-CSLL | $297,638 | $313,500 | -5% | 1,502 | 113 | AT Aviation | 84 | |
| 2007 | N228TX | 2844136 | $199,900 | $278,000 | -28% | 5,025 | 935 | JBA Jets | 38 |
| 2013 | — | Inquire | $291,000 | — | 3,385 | 700 | Aircraft Sales Australia | 25 | |
| 2014 | N116FR | 2844150 | $289,900 | $301,500 | -4% | 4,555 | 1,645 | Aerista | 26 |
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 1976 | 2 | 0 | 0.0% | — | — | — |
| 1977 | 319 | 3 | 0.9% | $88k | $88k | $88k |
| 1978 | 149 | 4 | 2.7% | $100k | $142k | $170k |
| 1979 | 1 | 0 | 0.0% | — | — | — |
| 1982 | 1 | 0 | 0.0% | — | — | — |
| 1988 | 3 | 0 | 0.0% | — | — | — |
| 1989 | 10 | 0 | 0.0% | — | — | — |
| 1992 | 3 | 0 | 0.0% | — | — | — |
| 1996 | 3 | 0 | 0.0% | — | — | — |
| 1997 | 2 | 0 | 0.0% | — | — | — |
| 1998 | 2 | 0 | 0.0% | — | — | — |
| 1999 | 1 | 0 | 0.0% | — | — | — |
| 2000 | 13 | 0 | 0.0% | — | — | — |
| 2001 | 10 | 1 | 10.0% | — | — | — |
| 2002 | 15 | 1 | 6.7% | — | — | — |
| 2003 | 13 | 0 | 0.0% | — | — | — |
| 2004 | 6 | 0 | 0.0% | — | — | — |
| 2005 | 3 | 1 | 33.3% | $298k | $298k | $298k |
| 2006 | 1 | 0 | 0.0% | — | — | — |
| 2007 | 5 | 1 | 20.0% | $200k | $200k | $200k |
| 2008 | 1 | 0 | 0.0% | — | — | — |
| 2011 | 1 | 0 | 0.0% | — | — | — |
| 2013 | — | 1 | — | — | — | — |
| 2014 | 6 | 1 | 16.7% | $290k | $290k | $290k |
| 2015 | 5 | 0 | 0.0% | — | — | — |
| 2016 | 6 | 0 | 0.0% | — | — | — |
| 2017 | 8 | 0 | 0.0% | — | — | — |
| 2018 | 7 | 0 | 0.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|---|---|
| 1977 | 3 | $100,000 |
| 1978 | 4 | $109,125 |
| 2005 | 1 | $313,500 |
| 2007 | 1 | $278,000 |
| 2013 | 1 | $291,000 |
| 2014 | 1 | $301,500 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 0–1,999 | 1 | $297,638 | $313,500 |
| 2,000–3,999 | 2 | $155,000 | $203,750 |
| 4,000–5,999 | 3 | $219,900 | $230,166 |
| 6,000–7,999 | 1 | $145,000 | $102,250 |
| 8,000–9,999 | 2 | $88,000 | $98,375 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-08-23 | Off market | 1978 C-GRCP | $155k |
| 2026-08-23 | Off market | 1978 | $145k |
| 2026-08-16 | Off market | 2005 G-CSLL | $298k |
| 2026-08-16 | Off market | 1977 N2672Q | $88k |
| 2026-08-16 | Off market | 2014 N116FR | $290k |
| 2026-08-16 | Off market | 1978 N47709 | $100k |
| 2026-08-09 | Newly listed | 2007 N228TX | $200k |
| 2026-08-09 | Off market | 2007 N228TX | $200k |
| 2026-08-09 | Newly listed | 2003 N543PU | $210k |
| 2026-08-09 | Off market | 2003 N543PU | $210k |
| 2026-08-09 | Newly listed | 2002 N338PA | $149k |
| 2026-08-09 | Off market | 2002 N338PA | $149k |
| 2026-08-09 | Newly listed | 1977 N41GF | $145k |
| 2026-08-09 | Off market | 1977 N41GF | $145k |
| 2026-08-09 | Newly listed | 1977 Not Listed | $198k |
| 2026-08-09 | Off market | 1977 Not Listed | $198k |
| 2026-08-09 | Newly listed | 2001 SX-AST | Inquire |
| 2026-08-09 | Newly listed | 1977 N2672Q | $88k |
| 2026-08-09 | Newly listed | 2014 N116FR | $290k |
| 2026-08-09 | Newly listed | 1978 N47709 | $100k |
| 2026-08-07 | Newly listed | 1977 N2672Q | $88k |
| 2026-08-06 | Newly listed | 1978 C-GRCP | $155k |
| 2026-08-06 | Newly listed | 2013 | Inquire |
| 2026-08-06 | Newly listed | 1977 | Inquire |
| 2026-08-05 | Newly listed | 2014 N116FR | $290k |
| 2026-07-29 | Newly listed | 1978 N3873M | $170k |
| 2026-07-28 | Newly listed | 2002 N53580 | Inquire |
| 2026-07-27 | Newly listed | 1978 | $145k |
| 2026-07-24 | Newly listed | 2007 N228TX | $200k |
Sold aircraft.com sold records · last asking at sale
18sold records
$93kavg last asking
$66k – $235krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 18 | $93k |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-08-30 | 1978 | 7,950 | $66k | |
| 2026-08-30 | 1978 | C-GRCP | 3,811 | $66k |
| 2026-08-23 | 2005 | G-CSLL | 1,502 | $66k |
| 2026-08-16 | 2000 | N771PT | 11,200 | $66k |
| 2026-08-16 | 2003 | N384ND | 8,918 | $66k |
| 2026-08-16 | 1978 | N36749 | 6,735 | $160k |
| 2026-08-16 | 1977 | G-TEBZ | 10,219 | $66k |
| 2026-08-16 | 1977 | N158CC | 4,538 | $66k |
| 2026-08-16 | 2014 | N751KS | 4,557 | $180k |
| 2026-08-16 | 2015 | N753KS | 3,888 | $235k |
| 2026-08-16 | 1977 | N414VT | 5,355 | $66k |
| 2026-08-16 | 1977 | N7842F | 4,487 | $66k |
| 2026-08-16 | 1977 | N38587 | 4,438 | $66k |
| 2026-08-16 | 2014 | N751KS | 4,557 | $180k |
| 2026-08-16 | 1978 | N47442 | 3,810 | $66k |
Operating costs full cost analysis →
$26,417annual budget · 116 hrs
$128variable cost / hour
$0.92cost per nm
11.6gph 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.
