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How much is an iPhone 16 worth?

A used iPhone 16 is worth about $320–$490 working in good condition, $180–$275 cracked or damaged and $45–$55 for parts or iCloud locked.

Updated

Working

$320–$490

Good

Cracked or damaged

$180–$275

Damaged

Parts or iCloud locked

$45–$55

Parts only

iPhone 16 prices by condition

ConditionTypical price
MintWorks perfectly, no visible marks.$335–$510
GoodWorks perfectly, light wear.$320–$490
FairWorks, obvious scratches or scuffs.$265–$430
DamagedCracked, water damaged or a fault, but repairable.$180–$275
Parts onlyActivation locked, won’t power on, or not worth repairing.$45–$55

Source, checked October 2026: wholesale buyback prices plus a $20–30 resale margin, rounded to the nearest $5. Ranges span every storage size, carrier-locked and unlocked.

Grades are the same ones every listing here uses. How grading works

iPhone 16 prices by storage and carrier lock

Find your exact phone. Storage is in Settings → General → About. Unlocked means it works on any carrier; carrier locked means it only works on the carrier it was bought through, which is why it's worth less.

StorageWorkingDamagedParts
Unlocked
128GB$445–$455$225–$235$45–$55
256GB$465–$475$255–$265$45–$55
512GB$480–$490$265–$275$45–$55
Carrier locked
128GB$320–$330$180–$190$45–$55
256GB$345–$355$190–$200$45–$55
512GB$375–$385$210–$220$45–$55

Each price is for that exact storage size, lock status and condition: wholesale buyback prices plus a $20–30 resale margin, rounded to the nearest $5. A dash means not enough data.

How the iPhone 16 holds its value

  • Damage costs about 43% of its value: a cracked or faulty iPhone 16 is worth roughly $230 against $405 for a working one, comparing the middle of each range.
  • Locked or dead, it keeps about 12% of its working value ($50), because a buyer can only use it for parts.
  • Storage size and carrier lock alone move a working one by up to $170: an unlocked, high-storage phone sits at the top of the range.
  • Working, it's worth about $105 more than an iPhone 15 and about $155 less than an iPhone 17. iPhone 15 prices · iPhone 17 prices

Selling your iPhone 16?

Sell it here for $405 and you keep $392.85 after our 3% seller fee. Any condition, IMEI checked before it goes live, and the buyer's payment is held in escrow until they accept it.

Compare the iPhone 16 range

ModelWorkingDamagedParts
iPhone 16 Pro Max$530–$740$285–$425$160–$170
iPhone 16 Pro$390–$660$220–$365$110–$120
iPhone 16 Plus$335–$565$185–$300$65–$75
iPhone 16$320–$490$180–$275$45–$55

What moves the price

  • Activation lock. An iCloud- or Google-locked phone can only be sold for parts, whatever its cosmetic condition.
  • Powers on or not. A phone that boots can be tested; one that doesn't is priced as a gamble on the board.
  • Screen. To a repair buyer, an original screen, even a cracked one, is often worth more than an aftermarket replacement.
  • Storage and carrier lock. These move a phone within its grade's range rather than out of it.
  • Water damage. A triggered indicator grades a phone damaged at best, even if it works today.

Common questions

How much is a cracked iPhone 16 worth?
A cracked or otherwise damaged iPhone 16 that can still be repaired is worth about $180–$275. Where it lands in that range depends mostly on whether it powers on, whether Face ID and the cameras still work, its storage size and whether it is carrier unlocked.
How much is an iCloud locked iPhone 16 worth?
An iCloud-locked iPhone 16 can only be sold for parts, so it is worth about $45–$55, the same as one that won't power on. Buyers are paying for the screen, housing, cameras and other parts.
How much is a used iPhone 16 worth?
A fully working iPhone 16 in good condition is worth about $320–$490. Storage size, battery health and carrier lock move it within that range: a high-storage unlocked phone sits at the top.
Where can I sell an iPhone 16?
You can list an iPhone 16 on Honest Phones in any condition, including cracked, locked or parts only. The seller fee is 3%, the IMEI is checked before it goes live, and the buyer's payment is held in escrow until they accept the phone.