The start of a new year is an opportunity to assess equipment needs and explore the current used tractor market.

With 2024 models entering resale listings, buyers can find modern, lightly used tractors at a variety of price points across multiple states. The average price of a 2024 model year tractor currently sits at $ 276,109, with listings ranging from $ 27,500 for a compact John Deere 1025R to $ 375,240 for a high-end Case IH row-crop tractor.

Compact & Utility Tractors: For buyers in need of compact or utility tractors, Minnesota, North Carolina, and Colorado have the largest selections, with multiple John Deere, Case-IH, and Kubota models available. John Deere 1023E and 1025R models continue to be in high supply, particularly those with under 500 hours. Prices range from $ 8,000 to $ 25,000, making it a good time to secure a low-hour unit before spring demand picks up.

Row Crop Tractors: Case-IH Magnum series and John Deere 6R / 7R models dominate the mid-size tractor market, with Minnesota, Kansas, and Colorado showing the highest inventory. Prices range from $ 8,900 for older models to $ 375,240 for top-tier 2024 units. Many 2010s-era models are also available at a discount, offering cost-effective options for those willing to buy used.

High-Horsepower Tractors: For buyers considering 4WD and tracked tractors, Minnesota and North Carolina currently have the largest selection of John Deere 9R Series and Case-IH Quadtrac models. 2021 – 2023 models remain priced between $ 400,000 and $ 650,000, while older 2016 – 2019 units offer potential savings.

As always, regional availability and condition will impact pricing, but the current supply suggests a strong buying window before pre-planting season demand spikes.

For more models listed for sale, check out our Hot Line Farm and Antique online magazine at www. hotlineguides. com

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