Turboprop Quarterly Deep Dive
New supply went where the buyers are.
Over the third quarter the US turboprop fleet held steady at about 8,100 aircraft in operation (8,096 to 8,105), and listings rose from 521 to 545. The share of the fleet for sale moved from 6.4 to 6.7 percent, still below the jet market's 7.5 percent.
Average time on market eased slightly, from 296 to 291 days. Almost all of the added supply landed in one place.
New supply went where the buyers are.
Owner-flown singles (TBM, Meridian, M600, Epic) took on 28 more listings, lifting their rate from 7.2 to 8.8 percent, yet the average time on market of listed aircraft fell from 246 to 209 days, and the segment recorded the most sales in the turboprop market, about 65.
The King Air 350 family (four more) and the King Air 200 and 250 line (three more) also added listings; every other segment shed them. The Pilatus PC-12 family stayed the tightest segment in the market at 3.2 percent, and listed light King Airs, at 480 days on market (up from 419), have been for sale longer than any other segment's.
For a buyer, that means real choice in the owner-flown singles and the legacy twins, and very little in late-model PC-12s and utility singles. For a seller of a light King Air, price is the lever that matters.
JETNET recorded roughly 250 US turboprop sales over the quarter, new and pre-owned.
Days on market throughout is how long the aircraft still listed have been for sale, not how long sold aircraft took to sell.
Where the 545 listings sit
Listing rate by segment
Eight segments, 123 models, the whole US turboprop fleet.
US turboprop market by segment · JETNET STAR, 30 September 2026
| Segment | Representative models | US fleet | For sale | Rate | Asking range | Avg days on market |
|---|---|---|---|---|---|---|
| Owner-Flown Singles | Piper Meridian, Socata TBM-850, Socata TBM-960 | 1,707 | 150 | 8.8% | $895K to $4,205K | 209 |
| Cabin-Class Singles | Pilatus PC-12 NG, Pilatus PC-12/45, Pilatus PC-12 NGX | 1,344 | 43 | 3.2% | $3,004K to $7,650K | 168 |
| Utility Singles | Caravan 208B, Caravan 208B EX, Caravan 208 | 1,143 | 50 | 4.4% | $1,567K to $2,645K | 246 |
| King Air Light | King Air C90B, King Air C90, King Air E90 | 969 | 83 | 8.6% | $229K to $3,397K | 480 |
| King Air Medium | King Air B200, King Air 200, King Air A200 | 1,057 | 71 | 6.7% | $795K to $5,500K | 333 |
| King Air Large | King Air 350, King Air 350i, King Air 300 | 840 | 53 | 6.3% | $2,284K to $5,995K | 233 |
| Cabin-Class Twins | Avanti II, Avanti P180, Avanti EVO | 93 | 8 | 8.6% | $2,286K to $4,000K | 267 |
| Legacy Twins | Conquest II, Conquest I, Cheyenne II | 952 | 87 | 9.1% | $299K to $3,250K | 343 |
| US turboprop market | 8,105 | 545 | 6.7% | 291 |
Asking range is the span of model-level average asking prices within each segment, counting only models with at least one US listing. It is an asking figure in every case, never a transaction price.
How the market moved over the quarter.
Quarter-over-quarter movement · 30 June to 30 September 2026
Each segment at the start and the end of the quarter, on the same basis: US based turboprops in operation. Recorded sales are approximate and include new deliveries.
| Segment | Listed 30 Jun | Listed 30 Sep | Change | Rate | Avg days on market | Recorded sales Q3 |
|---|---|---|---|---|---|---|
| Owner-Flown Singles | 122 | 150 | +28 | 7.2% to 8.8% | 246 to 209 | 65 |
| Cabin-Class Singles | 44 | 43 | −1 | 3.3% to 3.2% | 174 to 168 | 43 |
| Utility Singles | 53 | 50 | −3 | 4.7% to 4.4% | 230 to 246 | 39 |
| King Air Light | 87 | 83 | −4 | 9.0% to 8.6% | 419 to 480 | 31 |
| King Air Medium | 68 | 71 | +3 | 6.4% to 6.7% | 330 to 333 | 21 |
| King Air Large | 49 | 53 | +4 | 5.8% to 6.3% | 247 to 233 | 24 |
| Cabin-Class Twins | 9 | 8 | −1 | 9.4% to 8.6% | 462 to 267 | 3 |
| Legacy Twins | 89 | 87 | −2 | 9.3% to 9.1% | 332 to 343 | 23 |
| US turboprop market | 521 | 545 | +24 | 6.4% to 6.7% | 296 to 291 | 249 |
Sales: change in JETNET STAR's running count of recorded US retail sales, new and pre-owned; approximate, as aircraft entering or leaving the US base move the count.
What the quarter meant in each part of the market.
Owner-Flown Singles
Owner-flown singles took on most of the quarter's new supply. Listings rose from 122 to 150, lifting the for-sale rate from 7.2 to 8.8 percent. Yet the average time on market of listed aircraft fell, to 209 days from 246 at the end of June, and the segment led the turboprop market in recorded sales, about 65 over the quarter. The additions were broad. The Piper Meridian rose from 26 listings to 34, and the recent TBMs all grew: the TBM 930 and TBM 940 from two listings to six each, the TBM 910 from two to five. The M600 SLS moved the other way, from 16 listings to 13, and its listed aircraft averaged 137 days on market against 232. The new TBM 960 recorded 13 sales with five listed. This is a liquid segment with real choice for a buyer, and with the most recorded sales of any turboprop segment, sellers who price to the market are finding buyers.
Cabin-Class Singles (Pilatus PC-12)
The PC-12 family stayed the tightest segment in the turboprop market at 3.2 percent, 43 listings on 1,344 aircraft, with listed aircraft averaging 168 days on market. The older PC-12/45 cleared from 18 listings to 12, the PC-12 NG added three to 21, and the current PC-12 NGX held at six on 260 aircraft, with an average asking price of $7,650K. The newest PC-12 PRO recorded 12 sales on 29 US aircraft, with one listed. For a buyer of a late-model PC-12, the market remains thin, which favours sellers.
Utility Singles
Caravans and Kodiaks eased slightly, from 53 listings to 50 (4.4 percent), but listed aircraft averaged 246 days on market against 230. The Caravan 208B EX cleared from 16 listings to 12, while the Caravan 208B rose from 16 to 18 and was the most-sold turboprop in the US over the quarter, with 18 recorded sales. The Kodiak 100 carried no listings at quarter end, and the Kodiak 100 Series III two on 60 aircraft. This remains a tight segment for operators who need the type.
King Air Large
The King Air 350 family added four listings (49 to 53, 6.3 percent), and listed aircraft averaged 233 days on market against 247. The King Air 350 rose from 25 listings to 28 and was the busiest King Air of the quarter, with 11 recorded sales. The 350i moved from four listings to five, at an average asking price of $5,995K. The current King Air 360 showed one listing on 54 aircraft.
King Air Medium
The King Air 200 and 250 line edged up from 68 listings to 71 (6.7 percent), with time on market steady at 333 days. The B200 accounted for most of the build, from 31 listings to 35 on 499 aircraft, with 10 recorded sales. The King Air 250 eased from three listings to two, at an average ask of $5,500K.
King Air Light
Listed light King Airs have been on the market longer than any other segment's, and the gap is widening. Listings eased from 87 to 83, but average time on market rose from 419 to 480 days. The original King Air C90 carries 26 listings at an average of 702 days. At the other end of the line, the C90GTx holds three listings at an average ask of $3,397K. For a buyer, aging inventory usually means room to negotiate. For a seller, price is the lever that matters.
Legacy Twins
Cheyennes, Conquests and MU-2s held a high 9.1 percent of the fleet for sale (87 listings on 952 aircraft), the highest rate in the turboprop market, with listed aircraft averaging 343 days on market. The Conquest II rose from seven listings to 11, while several Cheyenne variants cleared listings.
Cabin-Class Twins
The Piaggio Avanti line, 93 aircraft, moved from nine listings to eight. The Avanti II cleared from five to one while the older P180 rose from four to seven. Too thin to read as a trend.
“Where buyers are active, added supply is not piling up. Where aircraft are older and the buyer pool narrower, listed aircraft keep aging.”
The owner-flown singles added the most listings, recorded the most sales and saw the average time on market of listed aircraft fall. In the light King Airs, listed aircraft keep aging. The overall for-sale rate rose only from 6.4 to 6.7 percent: 35 listings were added in three segments and 11 cleared from the other five, a net 24.
Brazil and cross-border
Brazil operates more turboprops than jets, 1,634 against 1,341 at 30 September, but its turboprop market is far less liquid: 38 aircraft listed, 2.3 percent of the fleet, against 6.7 percent in the US. The Brazilian fleet grew by 28 aircraft between 31 July and 30 September, 12 of them Piper M500s; the data do not show whether those are new deliveries or imports. Brazil's most numerous turboprops, the King Air line (780 aircraft) and the utility singles (246), have very little domestic supply, with 24 and two listings respectively. A Brazilian buyer in those categories will, in practice, be sourcing from the US.
What we are watching into Q4.
The turboprop market is calm at the headline level. The signals worth watching are in two places: the owner-flown singles, where supply is growing fast, and the light King Airs, where listed aircraft keep aging.
Owner-flown single absorption
Twenty-eight added listings, yet the segment led in sales and its listed aircraft are fresher than in June. If that holds in the fourth quarter, this is healthy turnover. If listed aircraft start to age, asks on the Meridian and older TBMs will need to adjust.
Light King Air time on market
Listed aircraft average 480 days on market and rising. With 8.6 percent of the fleet for sale, this is one of the clearest buyer's markets in the turboprop sector.
PC-12 scarcity
At 3.2 percent for sale, late-model PC-12s remain a seller's market. Expect firm pricing on the NGX and PRO.
Utility singles
Caravans and Kodiaks are tight, and their listed aircraft average 246 days on market against 230. Operators replacing utility aircraft should plan around limited choice.
Brazil
Brazil's turboprop fleet keeps growing while domestic supply stays near 2 percent. Brazilian demand will continue to draw on US inventory.
Model averages are a starting point, not a valuation
What the numbers are, and what they are not
Every price in this report is an asking price. Read the ranges as the opening of a negotiation, not as market value. Days on market is how long the aircraft still listed have been for sale, not how long sold aircraft took to sell.
Fleet counts, listings, days on market and asking prices come from JETNET STAR, Aircraft Market Statistics By Model, All Turboprops, US based aircraft in operation, as of 30 June, 31 July, 31 August and 30 September 2026. Model rows reconcile exactly to JETNET's ALL TURBOPROPS line at all four dates. Asking prices use JETNET's US average asking price per model.
Brazil: JETNET Aircraft Search, turboprops based in Brazil, in operation, 31 July to 30 September. Gaps: JETNET Recent Events were not pulled; sales counts are approximate; there is no Brazil reading for 30 June. Asking figures in $K are at the nearest $1,000. Segment definitions are Integris classifications.
Hayden leads AI and aircraft research at Integris. His desk tracks the global fleet of more than 23,000 aircraft alongside confirmed transaction data and owner intelligence, grounding every read in what aircraft actually trade for, not what they're listed at.
Clarity. Perspective. Peace of Mind.