Piper MERIDIAN M500 Market Report
Turboprop · generated 2026-10-20 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
375in operation (FAA)
4for sale · 1.1% of fleet
$2,000kaverage asking
$2,000kmedian asking
59avg days on market
16registry transfers, 6 mo
5.3 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $1,750k | $2,000k | $2,250k |
| Model year | 2008 | 2016 | 2026 |
| Airframe time | 1,658 | 2,097 | 2,536 |
| Days on market | — | 59 | 72 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-08 | 4 | $1,888k | |
| 2026-09 | 5 | $1,842k | |
| 2026-10 | 5 | $1,850k |
Features of aircraft for sale
| Autopilot | 100% (4) | |
| ADS-B | 75% (3) | |
| GPS navigator | 25% (1) | |
| FIKI | 25% (1) | |
| GTN 750 / 750Xi | 0% (0) | |
| Glass flight deck | 0% (0) |
Where the fleet is based top states, FAA registry
| TX | 43 | |
| CA | 38 | |
| FL | 29 | |
| DE | 28 | |
| CO | 16 | |
| WY | 14 | |
| AZ | 12 | |
| UT | 12 | |
| NM | 11 | |
| VA | 11 |
39 of 375 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-10 | 2 | |
| 2025-11 | 8 | |
| 2025-12 | 6 | |
| 2026-01 | 5 | |
| 2026-02 | 8 | |
| 2026-03 | 4 | |
| 2026-04 | 3 | |
| 2026-05 | 4 | |
| 2026-06 | 4 | |
| 2026-07 | 6 | |
| 2026-08 | 1 |
Aircraft for sale 4 units · asking vs fyiEstimate
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 2000 | 20 | 0 | 0.0% | — | — | — |
| 2001 | 51 | 0 | 0.0% | — | — | — |
| 2002 | 17 | 0 | 0.0% | — | — | — |
| 2003 | 16 | 0 | 0.0% | — | — | — |
| 2004 | 19 | 0 | 0.0% | — | — | — |
| 2005 | 29 | 0 | 0.0% | — | — | — |
| 2006 | 8 | 0 | 0.0% | — | — | — |
| 2007 | 30 | 0 | 0.0% | — | — | — |
| 2008 | 35 | 1 | 2.9% | — | — | — |
| 2009 | 20 | 0 | 0.0% | — | — | — |
| 2010 | 10 | 0 | 0.0% | — | — | — |
| 2011 | 19 | 0 | 0.0% | — | — | — |
| 2012 | 9 | 0 | 0.0% | — | — | — |
| 2013 | 11 | 0 | 0.0% | — | — | — |
| 2014 | 18 | 0 | 0.0% | — | — | — |
| 2015 | 7 | 1 | 14.3% | $1,750k | $1,750k | $1,750k |
| 2016 | 3 | 0 | 0.0% | — | — | — |
| 2017 | 2 | 1 | 50.0% | $2,250k | $2,250k | $2,250k |
| 2018 | 4 | 0 | 0.0% | — | — | — |
| 2019 | 3 | 0 | 0.0% | — | — | — |
| 2025 | 4 | 0 | 0.0% | — | — | — |
| 2026 | 1 | 1 | 100.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-10-18 | Off market | 2017 OY-JAC | $2,250k |
| 2026-10-11 | Off market | 2026 N176MA | Inquire |
| 2026-10-11 | Off market | 2015 N7818M | $1,750k |
| 2026-10-11 | Price change | 2015 N7818M | $1,895k → $1,750k |
| 2026-10-04 | Newly listed | 2009 N6081E | $1,550k |
| 2026-09-27 | Off market | 2012 N2418W | $1,525k |
| 2026-09-27 | Newly listed | 2015 N7818M | $1,750k |
Operating costs full cost analysis →
$93,341annual budget · 62 hrs
$509variable cost / hour
$1.96cost 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.
