Used 2024 Hyundai Ioniq 5 for Sale nearRaleigh, NC

How much does the 2024 Hyundai Ioniq 5 cost?

Prices have softened 15.46% compared to this time last year, making it a favorable time to shop this model year.

There are 2,067 listings available, which gives you a solid pool of options to compare.

Is the 2024 Hyundai Ioniq 5 a good car?

Yes — the 2024 Hyundai Ioniq 5 earns a 5/5 user rating, which points to very strong owner satisfaction. Owners consistently highlight the spacious interior and impressive cargo space, along with fast charging, smooth ride quality, and quick acceleration. That makes it a strong fit if you want an electric crossover that feels practical for daily use without giving up comfort or convenience. With 37.2% of listings marked as good or great deals, you have a meaningful chance to find a competitive offer.

Is the 2024 Hyundai Ioniq 5 reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The owner feedback also emphasizes a great warranty and a trouble-free ownership experience, which are encouraging signs if you want an EV you can count on. For used buyers, that usually means lower anxiety about day-to-day ownership, though you should still verify the vehicle’s condition and service history before you commit.

What should I look for when buying a used 2024 Hyundai Ioniq 5?

Accident-free inventory is excellent at 94.3% — clean inventory, standard diligence applies.

You should still run a vehicle history report and confirm the car’s accident and title status before moving forward. Prioritize a thorough inspection of the battery-related systems, charging equipment, tires, brakes, and suspension feel, especially if you notice any floatiness on the road. Focus on overall condition and how the car drives, since that will tell you more than the listing photos alone.

Is now a good time to buy a used 2024 Hyundai Ioniq 5?

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile opportunities.

• Deal availability: 37.2% of listings are priced as good or great deals.
• Inventory: There are 2,067 listings available.
• Price trend: Prices have softened 15.46% compared with last year.
• Clean inventory: 94.3% of listings are accident-free.

If you find a listing below $25,925, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Hyundai Ioniq 5's resale value?

The current average of $27,265 sits slightly below last year's $32,251.

That price movement suggests the market has cooled, which can help you buy at a better entry point today. For a future seller, the current softness means resale value may depend more on condition, mileage, and trim appeal than on broad market momentum. Strong demand for well-kept examples should still help support pricing, especially if the car remains clean and well documented.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2024 Hyundai Ioniq 5 or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 37.2% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 94.3% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 15.46% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2025 if:

• At $31,346, the 2025 costs more than the current year's $27,265 average.
• It adds minor updates while keeping the same core strengths.

The bottom line: If you want the better value, the 2024 is the stronger starting point because it combines a lower average price with strong owner satisfaction and healthy deal availability. If you’re willing to pay more for a newer model year, the 2025 is the better secondary path, especially if you prefer the latest updates and don’t mind the higher asking price.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.