2024 Jeep Grand Cherokee Pricing Analysis: Cincinnati, OH Market Report

Pricing by Nearby Locations

Market Area: Cincinnati, OH

Key Insights

• Highest Price in Huntington, WV: The market in Huntington commands the highest average price at $37,735, likely influenced by lower inventory levels.
• Lowest Prices in Anderson, IN: With an average price of $35,641, Anderson may present better value due to either competitive listings or increased supply.
• Stable Inventory Across Cities: Cities like Indianapolis, IN (817 listings) and Dayton, OH (747 listings) reflect healthy inventory levels, generally sustaining average prices close to $35,000.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Dominance of Limited 4WD: The Limited 4WD trim (643 listings) is the most prevalent, reflecting strong consumer interest and likely higher demand for mid-range luxury features.
• Premium Pricing on Overland and Summit Trims: The Overland 4WD and Summit 4WD trims see significant price points at $60,995 and $62,560 MSRP respectively, indicating a strong market for premium features in Cincinnati.
• Entry-Level Choice in Laredo 4WD: Priced at $40,035 MSRP, the Laredo 4WD remains a valuable option balancing price and features while maintaining significant inventory.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• New Model Premium: The 2025 Jeep Grand Cherokee retains a premium price of $41,382, about 11.0% above MSRP, signaling strong demand for the latest model.
• Depreciation Increases with Age: The 2018 model has depreciated to $16,722, representing a drop of approximately 46.1% against its original MSRP, illustrating the steep depreciation curve typical of SUVs in this segment.
• Best Value in Recent Models: Model years 2021–2022 showcase modest depreciation, with the 2022 model priced at $26,012, marking a depreciation of just 29.1%.

Model Year Pricing

These recommendations are based on CarGurus' proprietary market data from June 11, 2026, CarGurus experts' opinions, and generative AI.