Piper ARROW III Market Report
Single-Engine Piston · generated 2026-10-20 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
721in operation (FAA)
10for sale · 1.4% of fleet
$199kaverage asking
$185kmedian asking
51avg days on market
16registry transfers, 6 mo
10.1 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $157k | $199k | $280k |
| Model year | 1977 | 1994 | 2014 |
| Airframe time | 3,385 | 5,815 | 9,704 |
| Days on market | — | 51 | 88 |
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 | $184k | |
| 2026-09 | 14 | $177k | |
| 2026-10 | 11 | $209k |
Features of aircraft for sale
| ADS-B | 60% (6) | |
| GPS navigator | 60% (6) | |
| Autopilot | 60% (6) | |
| Glass flight deck | 20% (2) | |
| GTN 750 / 750Xi | 10% (1) | |
| 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
| 2025-10 | 3 | |
| 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 10 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 1977 | — | Inquire | — | — | 8,710 | 1,830 | Aircraft Sales Australia | 75 | |
| 1977 | VH-BIB | 28R-7737031 | $163,348 | — | — | 7,500 | 25 | Derek Recsei | 6 |
| 1977 | N3189Q | 28R-7737049 | $225,000 | — | — | 3,598 | 290 | Jim Schrote | 29 |
| 1978 | N3873M | 28R-7803198 | $169,900 | — | — | 4,451 | 1,418 | R3 Aviation Services | 83 |
| 1996 | N4131C | 2844010 | $170,000 | — | — | 9,704 | 1,082 | Flaps15 Aviation Sales | 7 |
| 2001 | SX-AST | 28-44056 | $224,710 | $191,250 | +18% | 5,200 | 445 | AEROMECCANICA SA | 72 |
| 2003 | — | $157,000 | $187,000 | -16% | 6,024 | 2,152 | Wouter Sijtsma | 6 | |
| 2007 | N228TX | 2844136 | $199,900 | $239,500 | -16% | 5,025 | 935 | JBA Jets | 88 |
| 2013 | — | Inquire | $254,750 | — | 3,385 | 700 | Aircraft Sales Australia | 75 | |
| 2014 | N116FR | 2844150 | $279,900 | — | — | 4,555 | 1,645 | Aerista | 76 |
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% | $163k | $194k | $225k |
| 1978 | 149 | 1 | 0.7% | $170k | $170k | $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 | 1 | 33.3% | $170k | $170k | $170k |
| 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% | $225k | $225k | $225k |
| 2002 | 15 | 0 | 0.0% | — | — | — |
| 2003 | 13 | 1 | 7.7% | $157k | $157k | $157k |
| 2004 | 6 | 0 | 0.0% | — | — | — |
| 2005 | 3 | 0 | 0.0% | — | — | — |
| 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% | $280k | $280k | $280k |
| 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 |
|---|---|---|
| 2001 | 1 | $191,250 |
| 2003 | 1 | $187,000 |
| 2007 | 1 | $239,500 |
| 2013 | 1 | $254,750 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 2,000–3,999 | 1 | — | $254,750 |
| 4,000–5,999 | 2 | $212,305 | $215,375 |
| 6,000–7,999 | 1 | $157,000 | $187,000 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-10-18 | Price change | 2001 SX-AST | $224k → $225k |
| 2026-10-14 | Newly listed | 2003 | $157k |
| 2026-10-14 | Newly listed | 1977 VH-BIB | $163k |
| 2026-10-13 | Newly listed | 1996 N4131C | $170k |
| 2026-10-11 | Off market | 1978 N3873M | $170k |
| 2026-10-11 | Off market | 2014 N116FR | $290k |
| 2026-10-11 | Price change | 2001 SX-AST | $225k → $224k |
| 2026-10-04 | Price change | 2001 SX-AST | $228k → $225k |
| 2026-09-27 | Newly listed | 1977 N84AR | $169k |
| 2026-09-27 | Off market | 1977 N84AR | $169k |
| 2026-09-27 | Price change | 2001 SX-AST | $230k → $228k |
| 2026-09-21 | Newly listed | 1977 N3189Q | $225k |
| 2026-09-20 | Off market | 1977 N2672Q | $88k |
| 2026-09-20 | Off market | 1977 N2672Q | $88k |
| 2026-09-20 | Price change | 2001 SX-AST | $232k → $230k |
| 2026-09-20 | Price change | 2014 N116FR | $290k → $280k |
| 2026-09-13 | Off market | 1978 N47709 | $100k |
| 2026-09-13 | Newly listed | 1976 N2158V | $150k |
| 2026-09-13 | Off market | 1976 N2158V | $150k |
| 2026-09-13 | Newly listed | 1978 N531GS | $145k |
| 2026-09-13 | Off market | 1978 N531GS | $145k |
| 2026-09-13 | Price change | 2001 SX-AST | $232k → $232k |
| 2026-08-30 | Off market | 2002 N53580 | Inquire |
| 2026-08-23 | Off market | 1978 C-GRCP | $155k |
| 2026-08-23 | Off market | 1978 | $145k |
Sold aircraft.com sold records · last asking at sale
21sold records
$178kavg last asking
$88k – $298krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 18 | $226k |
| 2026-09 | 1 | $88k |
| 2026-10 | 2 | $170k |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-10-18 | 1978 | N3873M | 4,451 | $170k |
| 2026-10-11 | 2003 | 6,024 | — | |
| 2026-09-27 | 1977 | N2672Q | 9,311 | $88k |
| 2026-08-30 | 1978 | 7,950 | — | |
| 2026-08-30 | 1978 | C-GRCP | 3,811 | $155k |
| 2026-08-23 | 2005 | G-CSLL | 1,502 | $298k |
| 2026-08-16 | 2000 | N771PT | 11,200 | — |
| 2026-08-16 | 2003 | N384ND | 8,918 | — |
| 2026-08-16 | 1978 | N36749 | 6,735 | — |
| 2026-08-16 | 1977 | G-TEBZ | 10,219 | — |
| 2026-08-16 | 1977 | N158CC | 4,538 | — |
| 2026-08-16 | 2014 | N751KS | 4,557 | — |
| 2026-08-16 | 2015 | N753KS | 3,888 | — |
| 2026-08-16 | 1977 | N414VT | 5,355 | — |
| 2026-08-16 | 1977 | N7842F | 4,487 | — |
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.
