Banjos Market Value
Current market data for 715 banjos listed on eBay.
What you'll usually pay
💡 Buying used saves about 64% here.
👉 In short easy summary
The best value is found in Harmony models (-59% delta) and 1980s instruments (-44% delta). High-end value is concentrated in Bacon & Day models, which command a 210% premium over the median.
💚 Best value for your money
Price by number of strings
Why? Prices vary by configuration, with 6-string models at 332.59 and 12-string models at 205.85.
Price by brand
Why? Value is driven by brand prestige, ranging from Harmony at 99 to Bacon & Day at 739.99.
Price by decade
Why? Vintage rarity impacts cost, with 1920s and 1950s models peaking at 400 compared to 1980s models at 134.99.
🛒 Some on sale right now
Common questions
What is the price difference between new and used banjos?
New banjos have a median price of 552.69, while used banjos have a median of 199.63.
Which brand is the most expensive on the market?
Bacon & Day is the most expensive with a median price of 739.99.
How does the price of 4-string banjos compare to the market median?
4-string banjos have a median price of 300, which is 26% above the market median.
How we got these numbers
Worked out from 200 live eBay listings (price range $24–$1,200, odd outliers ignored). These are asking prices, so use them as a guide. Last checked July 5, 2026.