2026 Toyota 4Runner Pricing Analysis: Detroit, MI Market Report

Pricing by Nearby Locations

Market Area: Detroit, MI

Key Insights

• Highest Prices in Cleveland: The market in Cleveland, OH ($61,990) shows the highest average price, likely due to limited inventory and higher demand for premium models.
• Consistent Pricing Across Nearby Cities: Cities like Lake Orion, Ann Arbor, Howell, Toledo, and Jackson all have the same average price of $58,995, indicating a stable market with similar demand and supply dynamics.
• Inventory Levels: The inventory is relatively balanced across these cities, with Cleveland having the most listings at 61, suggesting a competitive market for buyers.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• SR5 4WD is the Most Common Trim: With 93 listings, the SR5 4WD trim is the most prevalent, indicating strong demand for this configuration.
• Limited 4WD Commands a Premium: The Limited 4WD trim has the highest MSRP at $58,500, reflecting its luxury features and higher demand.
• Diverse Drivetrain Options: The inventory includes a mix of AWD and 4X4 drivetrains, catering to various consumer preferences for off-road capability and everyday driving.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• 2024 Model at a Premium: The 2024 Toyota 4Runner is priced at $48,936, which is approximately 20.1% above its original MSRP, indicating strong demand for newer models.
• Significant Depreciation for Older Models: The 2015 model shows the steepest depreciation, with an average price of $21,768, reflecting a 34.1% drop from its original MSRP.
• Best Value in Recent Models: The 2022 model is priced at $35,460, which is about 6.9% below MSRP, making it a compelling option for buyers seeking value without sacrificing modern features.

Model Year Pricing

These recommendations are based on CarGurus' proprietary market data from July 2, 2026, CarGurus experts' opinions, and generative AI.