May 2026 firearms market update: Submission trends, valuation activity and secondary market insights

May 2026 Report Summary

Key Takeaways From the May 2026 Firearms Market

May activity showed a steady secondary market led by modern handguns, broad national participation and continued premium pricing for collector and enthusiast firearms.

Handguns drove most activity

Handguns accounted for 64.5% of submissions and 63.5% of completed purchases, making them the clear volume driver in May.

Glock 19 remained highly liquid

The Glock 19 was both the most submitted and most purchased firearm observed during the month.

Premium firearms continued to lift values

Collector revolvers, enthusiast rifles and machine guns represented smaller volume but materially higher average values.

Florida led by volume

Florida produced the highest submission volume, while states including Michigan, North Carolina and South Carolina showed elevated average values.

Purchase activity remained stable

Year-to-date data showed completed purchases stayed relatively consistent despite month-to-month movement in submission volume.

April remained the strongest YTD value month

April produced the highest total offer value, highest average offer value and strongest completed purchase volume so far in 2026.

Reporting note

The data below reflects firearm submissions, valuation activity and completed purchases processed through the We Buy Guns platform during May 2026.

May 2026 market activity

Nationwide Firearm Submission and Purchase Activity

May 2026 maintained a steady baseline of nationwide secondary firearms market activity, driven by modern carry pistols, sporting rifles, collectible firearms, and estate-related submissions.

While practical consumer firearms made up the majority of transaction volume, high-value collector and NFA items wielded a disproportionate influence on overall market value.

Offers Made
1,378
Firearms Purchased
498
Total Offer Value
$852,020
Amount Paid to Sellers
$282,950
Avg. Offer Value
$618.30
Avg. Purchase Value
$568.17

Seller Conversion Index

Of the 1,378 secondary market valuations provided in May, 36.1% translated into completed transactions. This indicates a highly stable baseline conversion rate for the quarter, signaling that sellers are finding alignment with transparent digital appraisals rather than holding out for volatile peer-to-peer marketplace pricing.

Mid-Range Firearms Drove Most Activity

Average values point to a market led by commonly owned handguns, practical rifles and sporting firearms.

Activity Was Nationally Distributed

Submissions reflected broad national participation, including individual firearms, estate-related activity and multi-firearm collections.

Offers Outpaced Completed Purchases

As expected in a secondary market, many sellers received offers while a smaller share moved forward with completed transactions.

Firearm category breakdown

What Types of Firearms Dominated the Market?

May activity was heavily concentrated in common consumer-owned firearms, with handguns accounting for nearly two-thirds of both submissions and completed purchases. Rifles represented the second-largest category, while shotguns remained a smaller but steady portion of the market.

Machine guns represented less than 1% of submitted firearms, but their average value was dramatically higher than every other category, making them an outsized contributor to total market value.

Top Submission Category

Handguns

64.5% of submitted firearms

Top Purchase Category

Handguns

63.5% of completed purchases

Highest Avg. Offer

$10,587.50

Machine guns

Largest Non-Handgun Category

Rifles

25.4% of submissions

Category insight

Handguns drove the majority of May activity, while machine guns represented the smallest category by count and the highest category by average value.

Submission Mix by Firearm Type

Share of firearms submitted for review during May 2026.

Purchase Mix by Firearm Type

Share of completed firearm purchases during May 2026.

Category Submissions % of Offers Avg. Offer Purchases % of Purchases Avg. Purchase
Handguns 890 64.5% $467.20 316 63.5% $521.44
Rifles 351 25.4% $706.64 130 26.1% $645.00
Shotguns 127 9.2% $500.24 51 10.2% $457.35
Machine Guns 12 0.9% $10,587.50 1 0.2% $11,000.00

Market Benchmark

In May 2026, the average secondary market value for a handgun sat at $467.20 for offers and $521.44 for completed purchases, establishing handguns as the safest volume play for liquid secondary market inventory.

Manufacturer Activity

Which Firearm Brands Generated the Most Market Activity?

Manufacturer-level activity provides another lens into the firearms moving through the secondary market. While category data highlights broad firearm types, brand-level trends help identify which manufacturers generated the most seller activity during May 2026.

Mainstream handgun manufacturers dominated overall submission volume, while premium and collector-oriented brands yielded substantially higher average values.

Most Submitted Brand

S&W

111 submissions

Strongest Purchase Volume

S&W

46 completed purchases

Highest Total Offer Value

$101K

Colt submissions

Highest Avg Purchase

$2,100

Staccato

Manufacturer insight

Smith & Wesson generated the highest submission volume during May, while Colt continued to produce disproportionately high overall values relative to submission count.

Top Manufacturers by Submission Volume

Share of firearm submissions observed during May 2026.

Average Offer Value by Manufacturer

Average firearm offer value among major manufacturers.

Manufacturer Submissions Avg Offer Purchases Avg Purchase
Smith & Wesson 111 $370.95 46 $375.54
Glock 103 $333.50 27 $332.41
Ruger 94 $437.77 34 $311.03
SIG Sauer 88 $508.52 36 $556.25
Colt 55 $1,851.82 7 $850.00
Springfield Armory 46 $522.83 4 $1,075.00
Remington 46 $424.46 12 $525.00
Taurus 37 $191.89 12 $222.92
Winchester 34 $485.29 9 $605.56
CZ 28 $482.14 14 $492.86

Modern Handgun Brands Led Volume While Premium Firearms Drove Higher Values

Smith & Wesson, Glock, Ruger, and SIG Sauer commanded overall submission volume in May, underscoring a highly liquid defensive handgun market. Conversely, premium brands like Colt, Staccato, Kimber, and Springfield Armory drove high average values, sustained by resilient enthusiast and collector demand.

Firearm Brand and Model Activity

What Firearms Were Most Frequently Submitted in May 2026?

Models like the Glock 19, Glock 43X, and SIG Sauer P320 registered robust purchase activity, proving the reliable liquidity of modern defensive handguns.

Most Submitted

Glock 19

11 submissions

Most Purchased

Glock 19

9 completed purchases

Highest Avg Offer

$1,533

Springfield Armory M1A

Highest Avg Purchase

$1,500

Miroku Citori 725

Most Submitted Firearms

Most Purchased Firearms

Market Observation

Compact 9mm carry pistols continued to dominate submission and purchase activity in May, while collector revolvers and enthusiast rifles carried significantly higher average values.

Liquidity Note

The Glock 19 remains the definitive baseline benchmark for secondary market liquidity, leading both submission and purchase volume metrics for the month.

Premium Market Observations

Collector and Enthusiast Firearms Continued to Outperform Mainstream Market Values

Niche collector demand remains insulated from broader market shifts; premium revolvers and enthusiast rifles regularly fetch average values several times higher than the broader consumer handgun market.

Market observation

A relatively small number of premium collector and enthusiast firearms continued to account for a disproportionate share of overall market value observed during May 2026.

Premium Rifle

Springfield Armory M1A

One of the highest average observed values among frequently submitted firearms during May.

$1,533
Avg. observed value

Collector Revolver

Colt Python

Continued to significantly outperform mainstream handgun values.

$1,150
Avg. observed value

Enthusiast Handgun

Desert Eagle

Maintained elevated average values relative to the broader handgun market.

$1,500
Avg. observed value

Premium Sporting Shotgun

Miroku Citori 725

Premium sporting shotguns continued to command strong observed purchase values.

$1,500
Avg. purchase value

Observed Value Spread

Mainstream Defensive Pistols Continued to Occupy a Consistent Mid-Range Value Band

Most commonly submitted carry pistols continued to cluster within a relatively tight valuation range during May, reinforcing the stability and liquidity of the broader defensive handgun market.

Note: These values represent the actual user firearms submitted in May. Item condition and accessories can greatly influence listed values.

Value Separation Between Mainstream and Premium Firearms Remained Significant

Common carry pistols such as the Glock 19, Glock 43X and SIG Sauer P320 continued to cluster within a relatively stable mid-range consumer value band. In contrast, collector revolvers, premium sporting shotguns and enthusiast-oriented rifles continued to trade at dramatically higher observed values.

Firearms such as the Colt Python, Springfield Armory M1A and Desert Eagle stood well above broader market averages, highlighting continued collector demand for premium and specialty firearms.

Geographic market activity

Where Firearm Market Activity Was Strongest During May 2026

Firearm submission and purchase activity during May remained broadly distributed across the United States, with strong participation observed across Southern, Midwestern and coastal markets.

While states such as Florida and Texas continued to generate the highest overall submission volume, several smaller-volume states materially outperformed broader market averages on observed firearm value.

Geographic activity

National Firearm Activity Heatmap

States are shaded by firearm activity during May 2026.

Lower Higher
image/svg+xml

Volume Leader

Florida Continued to Lead Overall Submission Volume

Florida generated the largest overall submission volume during May, reinforcing its continued importance within the broader secondary firearm market.

High-Value Market

Michigan and the Carolinas Produced Elevated Average Values

Michigan, North Carolina and South Carolina materially outperformed broader market averages on observed firearm value during May.

Regional Trends

Southern States Continued to Show Strong Market Participation

States across the Southeast and broader Southern region continued to produce substantial submission and purchase activity throughout the reporting period.

Highest Submission Volume

1
FL
162 submissions
$468
avg value
2
IN
106 submissions
$517
avg value
3
TX
99 submissions
$541
avg value
4
PA
82 submissions
$432
avg value
5
VA
60 submissions
$505
avg value

Highest Observed Average Values

1
MI
44 submissions
$1,781
avg value
2
SC
22 submissions
$1,319
avg value
3
NC
47 submissions
$1,240
avg value
4
TN
56 submissions
$770
avg value
5
IL
58 submissions
$555
avg value
Year-to-Date Market Trends

How Firearm Market Activity Shifted Throughout Early 2026

Firearm submission activity fluctuated throughout the first five months of 2026, though completed purchase activity remained comparatively stable across the reporting period.

While January and April represented the strongest overall reporting months by submission volume and total market value respectively, overall transaction activity remained elevated throughout the broader reporting period.

Primary Trend Visualization

Submission and Purchase Activity by Month

Offers Made
Purchases

Total Market Value

Total Offer Value by Month

Highest Submission Month

January

Strongest overall submission volume during the reporting period.

1,740
submissions

Strongest Value Month

April

Highest overall offer value and strongest purchase activity.

$1.01M
total offers

Purchase Activity Remained Relatively Stable Throughout Early 2026

While submission volume fluctuated meaningfully month to month, completed purchase activity remained within a comparatively stable range throughout the reporting period.

Market Stability

Submission Activity Remained Elevated Across All Five Months

Even the lightest reporting month exceeded 1,100 firearm submissions, reinforcing the continued scale and consistency of secondary market participation.

Value Observations

April Produced the Strongest Overall Market Value Environment

April generated the highest total offer value, highest average offer value and strongest completed purchase volume during the reporting period.

Market Liquidity

Transaction Activity Continued Despite Fluctuating Submission Volume

Completed purchase volume remained comparatively resilient despite shifts in overall submission activity, suggesting continued liquidity across the broader secondary firearms market.

Market observations

Secondary Firearms Market: Forward-Looking Macro Outlook

While month-to-month fluctuations in submission volume and average values are expected, several broader themes continued to emerge across the secondary firearms market during the first half of 2026.

Much of the market remained driven by practical consumer firearms, though premium inventory, collector-oriented firearms and estate-related submissions continued to exert an outsized influence on overall market value.

Market Structure

The 'Liquidity Floor' of Modern Defensive Handguns

Glock, SIG Sauer, Smith & Wesson and Ruger continued to dominate overall submission activity throughout the reporting period, with modern carry pistols remaining the single largest category of firearms entering the secondary market.

The consistency of these patterns across multiple months suggests continued liquidity and stable nationwide demand for practical defensive handguns and mainstream consumer firearms.

Most Active Brands
Smith & Wesson 111 submissions
Glock 103 submissions
Ruger 94 submissions
SIG Sauer 88 submissions
Most Active Firearm
Glock 19
Most submitted firearm during May 2026

Premium Inventory

Value Inelasticity in the Premium and NFA Segments

Although premium collector firearms represented a comparatively small percentage of overall submissions, they continued to materially influence broader market value metrics during the reporting period.

Geographic Participation

Market Activity Continued to Remain Broadly Distributed Nationwide

Submission activity remained geographically diverse throughout the reporting period, with strong participation observed across Southern, Midwestern and coastal markets. Florida and Texas continued to generate the largest overall volume.

Transaction Stability

Purchase Activity Remained Relatively Consistent Despite Submission Fluctuations

While overall submission volume fluctuated month to month, completed purchase activity remained comparatively stable across the reporting period. This consistency suggests continued underlying liquidity across much of the secondary firearms market despite shifts in broader seller activity.

Estate Activity

Multi-Firearm Estate Liquidations Distorting Regional Valuations

While volume leaders like Florida and Texas reflect steady retail-level consumer behavior, massive spikes in average submission values in states like Michigan ($1,781) and North Carolina ($1,240) indicate a rise in multi-firearm estate liquidations. These vintage collections and inherited portfolios introduce rare, high-value inventory that significantly shifts regional market metrics.

What We’re Watching

Several Patterns Emerging in 2026 May Become More Pronounced Later in the Year

Continued concentration around modern carry pistols suggests that practical defensive firearms remain the primary driver of overall secondary market activity.

At the same time, premium collector-oriented inventory continues to exert disproportionate influence on overall market value despite representing a comparatively small percentage of total submissions.

Geographic participation also remains notably broad, reinforcing the increasingly national nature of the online secondary firearms market rather than isolated regional pockets of activity.

As additional reporting periods are added throughout 2026, longer-term patterns involving seasonality, premium inventory movement and transaction consistency may become increasingly visible.

Secondary Market Resources & Research

If you are tracking current market activity to determine the optimal time to liquidate an item, a private collection, or an estate portfolio, explore our dedicated specialized guides:

Inherited and Estate Portfolios
Access legal frameworks and logistical support via our Estate Resource Center.

View the Estate Resource Center

Selling a Gun Collection
An overview of what to expect and how to catalog a large collection in preperation for sale.

View Gun Collection Guide