NYC Taxi Medallion Prices: Monthly Sales Data 2017–2026

In short: In 2026 (January–September), a NYC taxi medallion sold in an ordinary sale for a median of $105,000. That is the middle per-medallion price of 119 unrestricted asset sales in TLC's monthly transfer sheets that were not marked as foreclosures. Sales marked "Foreclosure" are a separate world: their median is $200,000, and that exact figure repeats again and again. In late 2014, independent medallions sold for $800,000 or more.

TLC Help computed every number on this page from TLC's own workbook (the September 2026 file, which holds every monthly sheet back to October 2011). We split each sale's price by the number of medallions in it, and we keep foreclosures apart from other sales. Below: the method, the charts, a month-by-month table, and what the data can't tell you.

The numbers at a glance

Per-medallion price by year: regular sales vs foreclosures

Read the chart in two parts:

• Regular sales fell from $171,000 (2018) to $85,000 in 2021, jumped back to $140,000 in 2022, then slid to $95,000 in 2024. In 2025 and 2026 the median is $105,000. Month to month in 2026 it stayed between $102,500 and $112,000.
• Foreclosure sales look very different since 2024. In 2024, 228 of 363 foreclosure-noted sales were at exactly $200,000 per medallion; in 2025, 283 of 529; in 2026 so far, 176 of 294. TLC doesn't explain foreclosure prices, so don't read them as what a buyer on the open market pays.

Why raw list prices mislead

If you open a TLC sheet and read the "Prices" column, you will be fooled in four ways:

1. One price can cover several medallions. In September 2026, nine foreclosure sales are listed at $350,000 each, but every one of them was 2 medallions, so each medallion went for $175,000. Since 2017 the sheets have a "Number of Medallions" column; we divide by it.
2. Foreclosures dominate. In 2025, 529 of 763 priced unrestricted sales (69%) were marked "Foreclosure".
3. Many rows are not sales. Estates, family transfers, "Individual to LLC", partnership splits and name changes often show $0 or a token price. We leave them out (242 rows in the workbook since 2017 have a $0 price).
4. Stock transfers are separate. Selling shares of a company that owns a medallion appears in a "Stock Transfers" section. We count only asset sales.

TLC's own rules define "Fair Market Value" for transfers as "the average value of arm's-length transactions for similar Medallions during the prior calendar month" (rule 58-03). Our median is close in spirit but it is our calculation, not TLC's figure.

How often foreclosures happen

For TLC's own yearly totals of transfers and foreclosures (811 transactions and 368 foreclosures in 2024), see medallion transfers and foreclosures. Those counts differ a little from ours because TLC counts all transfer types.

Month by month (unrestricted asset sales)

Accessible and alternative-fuel medallions sell rarely, so their medians jump around. In 2026 (January–September) the sheets list only 7 priced wheelchair-accessible sales (median $100,000) and 1 alternative-fuel sale. In 2025 there were 35 accessible and 41 alternative-fuel sales, most marked foreclosure. Too few to chart honestly.

Before 2017: the old peak

Sheets before 2017 used a different layout (independent vs corporate, no medallion count), so we don't mix them into the charts. A few reference points from the same workbook, independent unrestricted medallions with no note:

• October 2011 – January 2012: mostly $670,000–$710,000
• November–December 2014: $800,000–$850,000
• 2016: $325,000–$600,000

TLC's 2017 testimony to City Council used a $500,000 sale as its example when discussing the medallion transfer tax (testimony, Feb 27, 2017). For the full story of the crash and the relief that followed, read the history of the NYC taxi medallion.

Today's fleet the prices sit on

The sale classes in the price sheets are not the same as the "named driver / owner must drive" labels above. Taxi medallion types explained sorts this out.

What the data can't tell you

• Why a price was paid. A sheet row has a class, a price, a note and a medallion count. It doesn't show debts taken over, the car, loan terms, or whether buyer and seller were related.
• What your medallion is worth. TLC requires buyers to sign a non-reliance affidavit saying they don't rely on TLC about medallion value (Medallion Transfers page).
• Why foreclosure prices cluster at $200,000. We don't know, and we don't guess.
• Late corrections. TLC can revise sheets. Our numbers are from the workbook posted with the September 2026 report.

For a short answer you can quote, see how much is a NYC taxi medallion worth?. If you are thinking of buying, read buying a NYC taxi medallion first, and see the medallions hub for everything else.