Chevrolet Equinox Pricing Analysis: Cleveland, OH Market Report

Pricing Analysis by Model Year

Key Insights

• Recent Models Show Declining Values: The 2024 Chevrolet Equinox reflects the most significant depreciation, with an average price $3,453 lower than the original MSRP, marking a -13.0% change.
• Newest Model Reflects Market Stability: The 2026 model is priced just slightly above MSRP at $28,896, which indicates strong demand relative to supply.
• Significant Depreciation for Older Models: The 2016 model demonstrates the steepest drop in pricing, valued at only $7,467, a decrease of -66.9% from MSRP.

Model Year Pricing

Pricing in Nearby Cities

Market Area: Greater Cleveland Region

Key Insights

• Highest Prices in Erie, PA: The average price in Erie, PA ($20,877) stands out as the highest among nearby markets, likely reflecting lower inventory levels.
• Lowest Prices in Detroit, MI: The average price in Detroit ($17,527) demonstrates the lowest pricing, which may be attributed to higher vehicle availability in that market.
• Stable Inventory in Youngstown, OH: With 434 listings and an average price of $19,664, Youngstown is indicative of a balanced market in terms of supply and pricing.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Most Common Trim is Competitive: The LT FWD trim leads in inventory with 160 listings. Priced at $28,800, it positions itself as a value option among available trims.
• Premium Options Show Limited Availability: The RS AWD trim has only 20 listings and marked at $35,600, indicating a niche market segment with a focus on higher-end features.
• Balanced Inventory Across Drivetrains: The presence of both AWD and FWD trims, such as LT AWD and LT FWD, highlights diverse buyer preferences in drivetrain configuration.

Trim-Level Details

These recommendations are based on CarGurus' proprietary market data from June 18, 2026, CarGurus experts' opinions, and generative AI.