2023 Hyundai Ioniq 5 prices in Michigan
The median asking price for a 2023 Hyundai Ioniq 5 in Michigan is $28,114 based on 5 active listings.
As of July 25, 2026, the median asking price for a 2023 Hyundai Ioniq 5 in Michigan is $28,114, based on 5 active dealer listings tracked by VinAssessment.
◷ Updated July 25, 2026 ▤ 5 active dealer listings, refreshed daily Methodology →
Typical: $27,500–$28,450 — the middle half of 5 asking prices
Why the wide range? Price depends mostly on configuration and mileage — see below. This spread covers the middle 96% of asking prices: we exclude the cheapest and priciest 2% (payment-priced ads, typos, salvage) so outliers don't distort it.
What moves the price on a 2023 Hyundai Ioniq 5
The $27,500–$28,450 typical range isn't randomness — two factors explain most of it:
The SE typically asks $25,055, while the Limited asks $30,944 — same year, same market.
Asking prices run about $29,890 under 15K miles and fall to $25,063 at 60K–75K miles — roughly $800 for every 10,000 miles.
Find your mileage and trim in the configurator below.
Configure the exact car
Modelled from 259 real asking prices, adjusted for mileage and location. Not a formal appraisal.
2023 Hyundai Ioniq 5: a fair price for your mileage
A 2023 Hyundai Ioniq 5 sheds roughly $800 for every 10,000 miles. Find your mileage below.
Fair price by mileage and trim
| Mileage | All listings | SEL | Limited | SE |
|---|---|---|---|---|
| Under 15K miles | $29,890 | $28,984 | $32,338 | $26,998 |
| 15K–30K miles | $28,916 | $28,470 | $31,998 | $25,375 |
| 30K–45K miles | $27,300 | $26,854 | $30,057 | $24,193 |
| 45K–60K miles | $25,806 | $24,705 | $28,487 | $23,742 |
| 60K–75K miles | $25,063 | $24,990 | — | $22,108 |
Medians of live asking prices per band and version; “—” means fewer than 3 matching listings. National data.
Fair price by mileage — all versions combined
| Mileage ⓘ | Based on ⓘ | Fair price ⓘ | Typical range ⓘ |
|---|---|---|---|
| Under 15K miles | 55 listings | $29,890 | $27K–$31K |
| 15K–30K miles | 210 listings | $28,916 | $27K–$31K |
| 30K–45K miles | 143 listings | $27,300 | $25K–$29K |
| 45K–60K miles | 32 listings | $25,806 | $24K–$28K |
| 60K–75K miles | 12 listings | $25,063 | $22K–$29K |
Same trim and condition assumed — mileage is the biggest lever after configuration. National data; Michigan prices track it closely.
2023 Hyundai Ioniq 5: price by trim
| Trim | Based on ⓘ | Median price ⓘ | Typical range ⓘ | Where it sits ⓘ |
|---|---|---|---|---|
| SEL | 259 listings | $27,953 | $26K–$29K | |
| Limited | 138 listings | $30,944 | $29K–$33K | |
| SE | 60 listings | $25,055 | $24K–$27K |
National data; Michigan prices track it closely.
Price history
Median asking price by month — national · shaded band is the typical range (25th–75th percentile)
The median listing price for a 2023 Hyundai Ioniq 5 is $28,274 (July 2026) — up 1.9% from $27,736 in August 2025.
Monthly price table
| Month | Median price | Typical range | Vehicles listed |
|---|---|---|---|
| July 2026 | $28,274 | $26K–$30K | 644 |
| June 2026 | $28,302 | $26K–$31K | 802 |
| May 2026 | $27,850 | $25K–$30K | 697 |
| April 2026 | $26,239 | $24K–$29K | 671 |
| March 2026 | $24,991 | $23K–$28K | 880 |
| February 2026 | $24,309 | $22K–$27K | 798 |
| January 2026 | $24,473 | $22K–$27K | 654 |
| December 2025 | $24,517 | $22K–$27K | 465 |
| November 2025 | $24,999 | $23K–$28K | 341 |
| October 2025 | $26,990 | $25K–$29K | 350 |
| September 2025 | $27,174 | $26K–$29K | 382 |
| August 2025 | $27,736 | $25K–$30K | 391 |
2023 Hyundai Ioniq 5 inventory across the U.S.
Keep exploring Ioniq 5 prices
2023 Hyundai Ioniq 5 · $28,266 typical · 5 listingsOther Hyundai Ioniq 5 years
Live 2023 Hyundai Ioniq 5 listings, priced by VIN
Every VIN links to a full market report: decode, active listings and the local price band. Shop 2022–2024 Hyundai Ioniq 5 listings on VehiSales →.
More 2023 Hyundai prices
Frequently asked questions
Why do 2023 Hyundai Ioniq 5 prices range from $27,454 to $29,705 in Michigan?
The spread comes down to configuration and mileage: higher-mileage, base-configuration examples sit near the low end, while low-mileage and premium configurations reach the top. Half of all listings fall between $27,500 and $28,450 — see the mileage and trim breakdowns above for where a specific vehicle lands.
How much should mileage change the price of a 2023 Hyundai Ioniq 5?
Expect roughly $800 less for every 10,000 miles on the odometer. A 60K-mile example should cost about $2,400 less than a 30K-mile one of the same trim — check the fair-price-by-mileage table above for your band.
Do Hyundai Ioniq 5 prices in Michigan differ from the rest of the country?
Not much — Michigan prices track the national average of $28,183 almost exactly.
How many 2023 Hyundai Ioniq 5 are for sale in Michigan right now?
5 in total. Counts refresh daily from live dealer inventory.
How we calculate these prices
We track 5 active listings for this vehicle across dealer sites nationwide, updated every day. Average and median are computed from real asking prices on live listings. We exclude the top and bottom 2% of prices to remove data errors, salvage titles, and monthly-payment figures posted as if they were sale prices. Prices reflect dealer asking prices — not final sale prices — and exclude taxes, fees, and incentives. Trim and mileage move the price more than any other factor; see the breakdowns above.
Want the original factory equipment and MSRP behind a specific car? Look up the original Monroney sticker for a 2023 Hyundai →
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