Piper LANCE II Market Report
Single-Engine Piston · generated 2026-08-31 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
201in operation (FAA)
4for sale · 2.0% of fleet
$175kaverage asking
$169kmedian asking
25avg days on market
5registry transfers, 6 mo
8.7 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $165k | $175k | $195k |
| Model year | 1978 | 1978 | 1978 |
| Airframe time | 3,584 | 5,233 | 6,928 |
| Days on market | — | 25 | 46 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-07 | 2 | $184k | |
| 2026-08 | 4 | $164k |
Features of aircraft for sale
| ADS-B | 100% (4) | |
| GPS navigator | 100% (4) | |
| Autopilot | 50% (2) | |
| FIKI | 0% (0) | |
| GTN 750 / 750Xi | 0% (0) | |
| Glass flight deck | 0% (0) |
Where the fleet is based top states, FAA registry
| TX | 25 | |
| FL | 18 | |
| GA | 12 | |
| PA | 10 | |
| NC | 8 | |
| OK | 8 | |
| DE | 7 | |
| AL | 7 | |
| IN | 7 | |
| CA | 6 |
73 of 201 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-09 | 3 | |
| 2025-10 | 1 | |
| 2025-12 | 4 | |
| 2026-02 | 2 | |
| 2026-03 | 2 | |
| 2026-04 | 1 | |
| 2026-05 | 2 |
Aircraft for sale 4 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 1978 | N999M | $165,000 | $172,750 | -4% | 5,189 | 1,146 | JOSHUA FLOWERS | 11 | |
| 1978 | — | $166,900 | $168,000 | -1% | — | — | Chris Swathwood Western owne | 8 | |
| 1978 | N30005 | 32R-7885079 | $172,000 | $171,250 | +0% | 6,928 | 826 | AircraftMerchants LLC | 46 |
| 1978 | N31397 | 32R-7885093 | $195,000 | $191,500 | +2% | 3,584 | 10 | New Century Air Service | 35 |
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 1977 | 4 | 0 | 0.0% | — | — | — |
| 1978 | 149 | 4 | 2.7% | $165k | $175k | $195k |
| 1979 | 19 | 0 | 0.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|---|---|
| 1978 | 4 | $175,875 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 2,000–3,999 | 1 | $195,000 | $191,500 |
| 4,000–5,999 | 1 | $165,000 | $172,750 |
| 6,000–7,999 | 1 | $172,000 | $171,250 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-08-20 | Newly listed | 1978 N999M | $165k |
| 2026-08-09 | Newly listed | 1978 N318PK | $125k |
| 2026-08-09 | Off market | 1978 N318PK | $125k |
| 2026-07-27 | Newly listed | 1978 N31397 | $195k |
| 2026-07-16 | Newly listed | 1978 N30005 | $172k |
Sold aircraft.com sold records · last asking at sale
3sold records
$110kavg last asking
$110k – $110krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 3 | $110k |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-08-16 | 1978 | N39478 | 4,230 | $110k |
| 2026-08-10 | 1979 | N541MV | 5,281 | $110k |
| 2026-08-10 | 1978 | N999M | 5,189 | $110k |
Operating costs full cost analysis →
$35,785annual budget · 103 hrs
$184variable cost / hour
$1.18cost per nm
18.0gph 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.
