Deering Goodtime 5 String Openback Banjo — Instrument Resale Value
Folk InstrumentsWhat a used Deering Goodtime 5 String Openback Banjo sells for on Reverb (median of 2 recent listings).
Deering Goodtime 5 String Openback Banjo value — Used $765.81. Prices updated July 2026.
Live on eBay right now
Price data verified against · 1
Item details
- Brand
- Deering
- Make
- Deering
- Model
- Goodtime 5 String Openback Banjo
- Finishes seen
- Natural
- Used range
- $487.33 – $765.81
- Sample size
- 2 listings
Deering Goodtime 5 String Openback Banjo resale value
The used Deering Goodtime 5 String Openback Banjo has a median Reverb asking price of $765.81, ranging from $487.33 to $765.81 across 2 current listings.
What drives the price
For a used instrument, tonewoods, setup/playability, and originality move the price most. Vintage and limited runs command a premium; player-grade and modified examples sell for less.
Price guide
What this actually trades for — sold values by condition vs. what sellers are asking today
| Condition | Value | Based on |
|---|---|---|
| Used | $765.81 | eBay sold comps |
| Live asking — low / typical / high | $477 / $599 / $3,499 | 20 live eBay listings ↗ |
Market check: As of July 29, 2026, 20 live eBay listings ask $477.00–$3,499.00 (median $599.00). Asking prices sit about 22% below the typical sold value of $765.81 — a window worth checking for buyers.
Frequently asked questions
- What is the typical resale price range for this banjo?
- Based on current listings, the Deering Goodtime 5 String Openback Banjo ranges between $347 and $771.42.
- Is the 2024 model common in the resale market?
- While we only have 3 samples, the 2024 model is available in a Natural finish.
- What kind of banjo is the Deering Goodtime?
- It is a 5 String Openback Banjo made by Deering.
