Piper PA-31 350 CHIEFTAIN Market Report
Multi-Engine Piston · generated 2026-08-31 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
400in operation (FAA)
4for sale · 1.0% of fleet
$398kaverage asking
$200kmedian asking
14avg days on market
30registry transfers, 6 mo
7.6 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $200k | $398k | $795k |
| Model year | 1973 | 1979 | 1985 |
| Airframe time | 5,620 | 10,332 | 14,527 |
| Days on market | — | 14 | 22 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-08 | 3 | $498k |
Features of aircraft for sale
| ADS-B | 75% (3) | |
| Autopilot | 75% (3) | |
| GPS navigator | 50% (2) | |
| GTN 750 / 750Xi | 25% (1) | |
| FIKI | 0% (0) | |
| Glass flight deck | 0% (0) |
Fleet & safety
33NTSB events, 10 yr
10fatal
43.9per 1,000 airframes
Where the fleet is based top states, FAA registry
| FL | 79 | |
| AK | 70 | |
| DE | 25 | |
| MS | 19 | |
| TX | 15 | |
| NY | 13 | |
| CA | 11 | |
| GA | 10 | |
| MA | 9 | |
| OH | 9 |
35 of 400 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-09 | 4 | |
| 2025-10 | 2 | |
| 2025-11 | 3 | |
| 2025-12 | 3 | |
| 2026-01 | 4 | |
| 2026-02 | 2 | |
| 2026-03 | 8 | |
| 2026-04 | 10 | |
| 2026-05 | 2 | |
| 2026-06 | 5 | |
| 2026-07 | 6 |
Aircraft for sale 4 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 1973 | N888YA | 31-7305076 | $200,000 | — | — | 14,527 | 1,151 | Robert Nelson | 22 |
| 1978 | N35RD | 31-7852039 | Inquire | — | — | 5,620 | — | Island Bound Aircraft | 8 |
| 1982 | N4106F | 31-8252034 | $795,000 | — | — | 10,850 | 10 | Derek Fallon | 8 |
| 1985 | — | 31-8353005 | $199,500 | — | — | — | — | Turbo North Aviation, Ltd. | 19 |
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 1973 | 14 | 1 | 7.1% | $200k | $200k | $200k |
| 1974 | 15 | 0 | 0.0% | — | — | — |
| 1975 | 17 | 0 | 0.0% | — | — | — |
| 1976 | 18 | 0 | 0.0% | — | — | — |
| 1977 | 28 | 0 | 0.0% | — | — | — |
| 1978 | 26 | 1 | 3.8% | — | — | — |
| 1979 | 44 | 0 | 0.0% | — | — | — |
| 1980 | 52 | 0 | 0.0% | — | — | — |
| 1981 | 53 | 0 | 0.0% | — | — | — |
| 1982 | 16 | 1 | 6.2% | $795k | $795k | $795k |
| 1983 | 12 | 0 | 0.0% | — | — | — |
| 1984 | 11 | 0 | 0.0% | — | — | — |
| 1985 | — | 1 | — | $200k | $200k | $200k |
| 1996 | 1 | 0 | 0.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-08-23 | Newly listed | 1982 N4106F | $795k |
| 2026-08-23 | Newly listed | 1978 N35RD | Inquire |
| 2026-08-09 | Newly listed | 1973 N888YA | $200k |
Operating costs full cost analysis →
$57,629annual budget · 76 hrs
$436variable cost / hour
$2.07cost per nm
43.6gph 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.
