Used Bike Market Report: June 2026

June is a quiet month in the used-bike calendar. The spring flurry of new riders bidding up everything in their size has eased, the autumn cyclocross transition is still months away, and most of what changes hands does so on local Marketplace threads rather than national auctions. Which makes June a good month to look at the underlying market rather than the seasonal noise.

This is the first of what will become a monthly snapshot of the used road and gravel bike market. Every number below is computed from the live valuation data Paceline refreshes each morning, frozen as of 27 June 2026. The point is not to predict what your bike will be worth next week. It is to name the shape of the market this month so a buyer or seller can act with a little less guessing.

The bikes the market is actually trading

A used market is not what is in the catalog. It is what is moving today. The ten model lines below carried the deepest active inventory this month in the US: enough listings that a buyer in any frame size could reasonably expect to find one within a few weeks, and enough comparables that the valuation below each is built on real distribution rather than three listings and a hope.

• ▸Trek Madone: 91 active listings
• ▸Cannondale Synapse: 55
• ▸Cannondale SuperSix EVO: 54
• ▸Trek Émonda: 49
• ▸BMC Teammachine: 49
• ▸Scott Addict: 41
• ▸Specialized Tarmac: 41
• ▸Specialized S-Works Tarmac: 38
• ▸Trek Domane: 33
• ▸Bianchi Infinito: 30

The pattern that surprised us most: Trek alone takes four of the ten slots, Specialized takes two, Cannondale takes two. Three brands carry roughly 60% of the active long-tail in this segment. That has consequences if you are selling something else. A Cervélo or a Pinarello in the same price band will move, but slower, and the price-discovery window is wider.

Bikes priced closest to half off MSRP

For a buyer with cash and patience, the best value in any used market is the bike that has finished depreciating but still has structural life ahead. The five below are model- year combinations where the live used median sits between 67% and 78% below the original retail price, with enough listings to back the number.

• ▸Trek Émonda 2023: $2,899 used median vs $13,000 new (78% below MSRP, 8 listings). The 2023 generation predates a small frame refresh, which usually thins the buyer pool and softens asks.
• ▸Specialized S-Works Tarmac 2016: $2,050 / $8,000 (74% off, 5 listings). A decade-old top-tier frame still ride-worthy; the discount is mostly age and generation, not condition.
• ▸Specialized Roubaix 2018: $995 / $3,500 (72% off, 5 listings). The endurance category depreciates faster than aero or all-rounder for reasons no one fully agrees on.
• ▸Specialized Crux 2022: $2,464 / $8,500 (71% off, 9 listings). The gravel category overshot demand in 2021-22 and prices have been correcting for two years.
• ▸Trek Madone 2022: $4,660 / $14,500 (68% off, 8 listings). The last generation before the latest Madone redesign; same chassis, different paint, two thirds the price.

The thread running through these: each is a generation behind the brand’s current flagship. That is the discount you are buying. If the geometry, groupset, and brake system still match what you want to ride, the gap between this list and a 2024-model equivalent at full retail is real.

Bikes holding value

At the other end of the same market, a few models retain close to their original retail price even on the used shelf. These are the bikes where waiting for a deal is almost never the right move: the floor is much closer to the ceiling than the catalog price suggests.

• ▸Cannondale SuperSix EVO 2024: median $5,500 against $5,500 MSRP (100% retained, 7 listings)
• ▸Canyon Ultimate 2022: $2,999 / $2,999 (100%, 5 listings)
• ▸Specialized Tarmac 2024: $5,490 / $5,500 (100%, 6 listings)
• ▸Trek Madone 2022: $4,660 / $4,699 (99%, 8 listings). Note this is a different MSRP tier than the Madone 2022 in the discount list above; Trek shipped the same chassis in several builds.
• ▸Trek Émonda 2018: $2,024 / $2,200 (92%, 6 listings)

Two patterns visible here. First, recent-model-year carbon frames in popular sizes can hold MSRP almost perfectly on the used shelf, because the new-bike supply chain still hasn’t fully recovered from 2021-2022 stockouts and a used 2024 in stock today is competing with a 2026 that has a six-month wait. Second, the older Trek Émonda holds value far better than the older Madone, which suggests the climber chassis ages more gracefully than the aero one.

Where buyers and sellers disagree most

Sometimes the most useful number on a model page is not the median but the gap between the 25th and 75th percentile. A wide spread means the people listing the bike and the people buying it have different views about what it is worth. The five below carried the widest spreads this month, all with enough listings for the number to mean something.

• ▸Cannondale Synapse 2023: $1,250 at the 25th, $3,500 at the 75th. 107% spread, 21 listings. The wide range probably reflects build-tier confusion: the Synapse 2 sells near the bottom and the Synapse Hi-Mod 1 near the top with no visible distinction in casual listings.
• ▸Trek Domane 2020: $1,500-$3,776 (78%, 10 listings). Generation transition: 2020 was the last year of the AL+SL mix before the carbon-only refresh.
• ▸Trek Checkpoint 2023: $2,180-$5,180 (77%, 10 listings). Gravel buyers are still figuring out what a 2023 Checkpoint should cost on the used market.
• ▸Trek Madone 2025: $3,047-$6,200 (61%, 13 listings). The freshest-model Madone hasn’t found a stable used price yet; sellers are still anchoring on MSRP, buyers on history.

Wide spreads are an opportunity if you are negotiating. If the bike you want is on either tail of a wide distribution and the page can’t tell you why, the seller probably can’t either, and there is room to talk.

Bargain of the month

2023 Trek Émonda. $2,899 median, 78% below the original $13,000 MSRP, with 8 live listings in the catalog. The 2023 chassis is two years old, the next-generation Émonda is now shipping, and the carbon climbing-bike segment is the deepest it has been in five years. Buyers willing to ride a one-generation-back flagship are being rewarded harder this month than they have been since 2023.

Overpriced of the month

2025 Trek Madone. Median $5,348 against an MSRP of $3,500on the build tier. Caveat first: this happens because the live used market only has a handful of 2025 Madones in heavily- upgraded builds, so the median is being pulled by spec rather than by the chassis. The number is real; the interpretation is “the Madones that are listing are not comparable to the catalog MSRP.” If you are selling a base 2025 Madone, the wider $3,047-$6,200 percentile band is the honest reference, not the median.

Looking ahead

Three things to watch through July:

• ▸The Émonda gap closes. The discount on 2022-2023 generations is unusually deep this month. As the new generation accumulates listings, the older ones tend to firm up, not soften further. If you have been watching one, the next four weeks may be the floor.
• ▸Gravel correction continues. Crux, Diverge, Checkpoint all sit roughly 30% below comparable road bikes from the same brands. The 2021-2022 gravel overstock is still working through the secondary market; the slope is gentler now than it was six months ago but not flat.
• ▸Buyer/seller spreads close on the cyclocross transition. August historically tightens the spread on Crux, Checkpoint, and Pinarello Crossista listings as cyclocross-season buyers enter the market with firm bids. If you are selling, the next eight weeks are the highest-leverage window.