2024 Jeep Grand Cherokee Pricing Analysis: Austin, TX Market Report

Pricing by Nearby Locations

Market Area: Austin, TX

Key Insights

• Highest Prices in Katy: The city of Katy, TX has the highest average price at $33,783, likely reflecting a higher demand for SUVs in suburban areas.
• Lowest Prices in Victoria: Conversely, Victoria, TX offers the lowest average price at $26,982, indicating a more price-sensitive market or higher inventory turnover.
• Inventory Variation: Cities like Georgetown (519 listings) and Killeen (512 listings) show substantial inventory, which may contribute to more competitive pricing in those areas.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Limited 4WD is Most Common: The Limited 4WD trim leads the inventory with 389 listings, indicating strong demand for this well-equipped variant.
• Premium Pricing for Overland and Summit Trims: The Overland 4WD and Summit 4WD trims command higher MSRPs of $60,995 and $62,560, respectively, reflecting their luxury features and capabilities.
• Value in Base Trims: The Laredo 4WD trim, priced at $40,035, offers a competitive entry point for buyers seeking a balance of features and affordability.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• New Model Premium: The 2025 Jeep Grand Cherokee is priced at $38,975, reflecting a 2.4% premium over its MSRP, indicating strong demand for the latest model.
• Significant Depreciation for Older Models: The 2015 model shows the steepest depreciation at -59.4%, highlighting the rapid value loss typical of older vehicles.
• Best Value in Recent Models: The 2023 model is priced at $27,746, which is -29.5% below its original MSRP, making it an attractive option for buyers looking for a nearly new vehicle at a reduced price.

Model Year Pricing

These recommendations are based on CarGurus' proprietary market data from July 16, 2026, CarGurus experts' opinions, and generative AI.