Apple Watch Ultra value: what each generation is worth

As of November 14, 2026, Techtree pays $426 for an Apple Watch Ultra 4 in Good condition, $323 for an Ultra 3, $226 for an Ultra 2 and $161 for the original Ultra. Scratched ones sell too: Fair condition pays two-thirds to four-fifths of the Good price.

What is each Apple Watch Ultra worth today?

These are our own offers, updated daily (how we set prices), for a complete, working watch with its band and charger. Every Ultra is 49mm titanium with cellular, so there is one price per condition.

Model	Good	Fair	Minor damage
Ultra 42026	$426	$354	$116
Ultra 32025	$323	$267	$73
Ultra 22023	$226	$165	$48
Ultra (1st gen)2022	$161	$104	$26

Flawless pays a little more and Broken less; each model's page lists both. Good means light scratches that don't catch a fingernail. Fair means deeper scratches or dents. Minor damage is one problem, such as a cracked screen on a watch that still works. A sealed, never-activated Ultra pays more again; selling an unopened Apple Watch covers that, and how we grade lists every check.

Which Apple Watch Ultra do I have?

All four look alike, and a black one can be any of the last three, so check the model number. On the paired iPhone, open the Watch app, then My Watch, General, About, and tap Model until it shows a number starting with A.

Outside the US the numbers differ; Apple's guide lists them all. Not an Ultra? Series 5 to Series 12 does the same for the other Apple Watches.

How much value does an Ultra lose each year?

Part of the loss comes straight away: any trade-in offer sits well below the store price, even for a nearly new Ultra 4. The rest comes with age. Priced on the same day, the year-old Ultra 3 is worth $103 less than the Ultra 4, the three-year-old Ultra 2 $97 less again, and the original $65 less than that. This is the share of the $799 launch price each one keeps:

Did Ultra prices drop when the Ultra 4 came out?

No. Our Good offer for the older Ultras rose over the summer: about 38% for the original Ultra, 33% for the Ultra 2 and 18% for the Ultra 3, from the June to the September average. These are our own offers, repriced daily. After Apple announced the Ultra 4 on September 9, our daily offers stayed within a few dollars, apart from a one-day spike for the Ultra 2 (see the launch chart in our Apple Watch depreciation report). Each model page has the day-by-day chart for every condition.

Should I upgrade to the Ultra 4?

From an Ultra 3, probably not. The Ultra 4 adds Apple's new Health Sensing System (heart rate every five seconds and a daily readiness score) and 8 more hours of battery for $476 after you sell the Ultra 3.

From an Ultra 2 or the first Ultra, the jump is bigger: a larger screen, 5G, satellite messaging and 14 more hours of battery, according to Apple's specifications. After selling yours, the Ultra 4 costs $573 from an Ultra 2 or $638 from the original. The original Ultra also stays on watchOS 26; watchOS 27 needs an Ultra 2 or later, per Apple's watchOS page.

How do I sell my Apple Watch Ultra?

Sell it as it is. Don't polish out scratches or repair a cracked screen first; pick the condition that matches.

1. Unpair it in the Watch app on your iPhone. That erases it and turns off Activation Lock (Apple's steps). No iPhone? How to reset an Apple Watch covers that.
2. Check at icloud.com/find that the watch is gone from your devices.
3. Pack the band and charger. If either is missing, say so in the quote.
4. Get your quote. It is locked for 21 days and comes with a free prepaid label.

A new generation arrives every September and moves yours one step down the table. If yours is sitting unused, I would sell it before then.