What Is The Current Worth of iPhone 7 and iPhone 7 Plus?

One of the most well-known iPhones ever manufactured, the iPhone 7 debuted in 2016 and shot straight to the top of the sales charts. It is best to go into the purchase of the iPhone 7 (Plus) today with as many eyes open as possible. Apple no longer formally offers this phone for sale. Hence, in this post, we will discuss the current worth of iPhone 7 and iPhone 7 Plus.

Tim Cook unveiled the iPhone 7 and the bigger iPhone 7 Plus on September 7, 2016, during the annual Apple keynote. When capturing portrait photos, the Plus model’s twin cameras and telephoto lens make it the first iPhone to be able to blur the background (also known as the bokeh effect). The standard headphone jack had been eliminated from the iPhone 7 for the first time.

The EarPods were designed with a Lightning connector for this purpose, but Apple also included a Lightning to 3.5mm headphone jack converter for individuals who prefer to use their old headphones with the iPhone 7 Plus. This specific adapter is no longer one of the accessories that come with subsequent iPhone models.

Both versions will get another significant update to iOS 16 if Apple sticks to its update schedule. Thus, for at least another two years, system security and the most recent upgrades will be ensured, which is sufficient to ensure that the iPhone 7 will still be a very desirable device when you pick it up in 2022.

Read More: Will the iPhone 7 and iPhone 7 Plus Get iOS 16? Everything You Need to Know

What Is The Current Worth Of iPhone 7 And iPhone 7 Plus?

While the iPhone 7 has a single rear camera, the iPhone 7 Plus includes a double rear camera, creating the same blurred background effect as a DSLR. iPhone 7 and iPhone 7 Plus are powered by the A10 Fusion Chip, which is far faster than any other smartphone on the market.

The primary reason to purchase an iPhone 7 is the A10 Fusion Chip, which supports iOS 15. Some people complain that iOS 15 does not operate smoothly on the iPhone 7, but after a quick survey, we discovered that the iPhone 7 runs iOS 15 faster than even iPhone XR.

Compared to the most recent Apple Flagship devices, iPhone 7 is smaller and slimmer. You will not believe this, but some users favor Touch ID and the Home button over Face ID. The iPhone 7 proves to be the perfect companion for their requirements.

Compared to many Android devices with an age of no more than two years, iPhone 7 and iPhone 7 Plus’s performance is excellent in terms of aggregating, speed, and application installation; after that, its lagging forces you to toss that phone away in the trash.

How Much Is An iPhone 7 Worth?

You might be tempted to change to a new iPhone model now that the new one has just been announced, and you may wonder how much is the current worth of your iPhone 7. The iPhone 7 was released in September 2016, and despite its age, it has a good value. 

The finest buyback shops charge between $25.00 and $94.00 for a used iPhone 7, with the average resale or trade-in value being $40.20.

How Much Is An iPhone 7 Plus Worth?

The release date of the iPhone 7 was September 2016, and given its age, the phone still has a good value. In contrast, a used iPhone 7 Plus is worth around $40.00 and $139.00 in today’s secondary market, offering an average resale value of $100.76.

Condition Quotes 

The amount of storage space on your iPhone 7 or 7 Plus will significantly impact how much money you can get from selling it. Units with 256 GB of storage capacity will sell for much more money than those with 32 GB. Another important determining factor for selecting the greatest iPhone 7/7 Plus selling price is the device’s wear and tear.

iPhone 7$94.00$50.00$23.00$17.00
iPhone 7 Plus$139.00$80.00$45.00$23.00

iPhone 7/ 7 Plus Resale Value Comparison Chart 

DeviceGadgetGoneThe Whiz CellsAppleAmazon
iPhone 7$46.00$50.00$40.00$121.00
iPhone 7 Plus$81.00$70.00$70.00$170.00

How Does Carrier Impact iPhone Resale Value?

Purchasing an unlocked iPhone is possible, as you may have observed when making your purchase. Because they are not tied to any particular carrier, these unlocked phones are usually substantially more expensive. Customers can use their unlocked iPhones on any network according to this.

iPhone 7$121.00$150.00$89.00$45.00
iPhone 7 Plus$169.00$174.00$124.00$109.00

Frequently Asked Questions

How much is an iPhone 7 Plus currently worth?

Even though a used iPhone 7 Plus is valued anywhere from $49.50 to $76.00 on the current resale market, with an average resale value of $65.32, the iPhone 7 was released in September 2016, and despite its age, the phone still has a respectable value. However, the value of an iPhone 7/7 Plus can be determined by a number of factors.

Is the iPhone 7 Plus still worth buying in 2022?

The iPhone 7 and 7 Plus are still worth purchasing in 2022. However, it ultimately depends on your expectations. In terms of features and capabilities, they are a far cry from the most recent iPhones, but they cost a fraction of the price.

What is the price of an iPhone 7 Plus in 2022?

What is the price of an iPhone 7 Plus? iPhone 7 Plus prices begin at $94 and average $153 in November 2022. The price of the iPhone 7 Plus will continue to decrease over time.

Bottom Line 

A used iPhone 7 and newer, more expensive iPhones indeed do not differ all that much from one another. The iPhone 7 is still more than adequate for most people’s needs. So go ahead and don’t resist purchasing or selling a used iPhone 7 or iPhone 7 Plus. We hope you found this guide about the worth of iPhone 7 and iPhone 7 Plus helpful. Keep visiting Tradelia for more such guides and the latest updates about Apple!

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