# Deering Goodtime 5 String Openback Banjo — resale value

**Deering Goodtime 5 String Openback Banjo** is worth about **$765.81**, based on real closed eBay sales.

## Value

| Condition | Value (USD) |
| --- | --- |
| Used | $765.81 |

Values are medians of real closed eBay sales, updated 2026-07-28. They are estimates for reference, not offers or appraisals — condition, completeness and edition move them a lot, so compare against the sold listings before pricing anything.

## Check the market

- [Sold listings on eBay](https://junkpal.ai/api/go?to=https%3A%2F%2Fwww.ebay.com%2Fsch%2Fi.html%3F_nkw%3DDeering%2520Goodtime%25205%2520String%2520Openback%2520Banjo%26LH_Sold%3D1%26LH_Complete%3D1%26mkcid%3D1%26mkrid%3D711-53200-19255-0%26siteid%3D0%26campid%3D5339166094%26toolid%3D10001%26mkevt%3D1%26customid%3Dmd-sold&p=md-sold) — the closed sales these medians are computed from
- [Live listings on eBay](https://junkpal.ai/api/go?to=https%3A%2F%2Fwww.ebay.com%2Fsch%2Fi.html%3F_nkw%3DDeering%2520Goodtime%25205%2520String%2520Openback%2520Banjo%26mkcid%3D1%26mkrid%3D711-53200-19255-0%26siteid%3D0%26campid%3D5339166094%26toolid%3D10001%26mkevt%3D1%26customid%3Dmd-live&p=md-live) — what sellers are asking right now

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## Details

| Field | Value |
| --- | --- |
| Brand | Deering |
| Model | Goodtime 5 String Openback Banjo |
| Finishes seen | Natural |
| Used range | $487.33 – $765.81 |
| Sample size | 2 listings |
| Category | Folk Instruments |

## 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.

## FAQ

**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.

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Full price guide: https://junkpal.ai/products/deering-goodtime-5-string-openback-banjo-folk-instruments-reverb
How these values are computed: https://junkpal.ai/methodology
Cite as: "JunkPal price guide value as of 2026-07-28, based on real sold listings (junkpal.ai)"