Launched in 2016, the Apple iPhone 7 was a flagship device of tenth-generation iPhones that introduced a number of groundbreaking features, such as a new home button, water resistance under IP67 rating, and better camera technology. Today, the device is somewhat old, but it still holds value in the used phone market. Dr. Mobile knows how important it is to know all the factors to get the best offer for your iPhone 7 before you trade-in or sell it for cash. In this blog, we will take a deep dive into how much your iPhone 7 is worth in 2025 and the factors that drive its resale value.
Factors Influencing the Resale Value of Your iPhone 7
The resale value of an iPhone 7 depends on several factors, such as condition, market demand, repair history, and more. Whether you plan to sell the device or use it to exchange for credit towards a new one, these elements determine how much you should expect to receive in exchange:
1. Condition of the Device
The condition of your iPhone 7 will also determine its resale value. Phones in better condition, not with visible scratches, cracks, or any other damage, sell for more.
- Mint Condition: If your iPhone 7 is in pristine condition and seems to have no signs of any damage, it will sell at a premium range.
- Good Condition: Your device will have good resale value if it shows only minor wear and tear, such as tiny scratches or a worn-out battery.
- Poor Condition: Devices that have significant damage, like a cracked screen or broken buttons, will be worth a lot less. However, they may still be sold to repair shops or people who sell refurbished smartphones.
2. Storage
iPhone 7 was released with three internal storage options, 32 GB, 128 GB and 256 GB, allowing a vast range of users to choose the storage option that best suits their needs.
- 32 GB Model: This is a base storage model that is best for lightweight or moderate use and considerately has a lower demand.
- 128GB Model: It provides more storage capacity for apps, videos, audio and more. It impacts effectively on a resale value.
- The 256GB model offers the highest storage capacity in the iPhone 7, which probably makes it a maximum resale value since it can store additional content without running low on space.
3. Carrier Lock Status
The resale value of unlocked phones, which can be used with any carrier, is normally higher than that of locked devices that can only be used with one carrier. So, if your iPhone 7 is still locked to a specific network, then its resale value will be lower, as it will only be usable with that carrier.
If your phone is unlocked, you will have more flexibility in selling it to a broader market, which could lead to a better selling price.
4. Original Accessories and packaging
You have a higher potential to increase the resale value of your iPhone 7 in its original box, with the accessories (charger, earbuds, cable) and receipts. More often than not, a buyer will pay a premium for a device that still has all the original accessories and is in optimal working condition.
What is the Present Worth of an iPhone 7?
As of 2025, the iPhone 7 is already outdated compared to the modern standard because newer models provide better performance, powerful processing speed, camera technology, and advanced features. However, an iPhone 7 can still retain some value, especially in the refurbished or used market. Let us break down the expected value of an iPhone 7 in different conditions:
iPhone 7 Resale Value Based on Condition
| Condition | 32GB Model | 128GB Model | 256GB Model |
|---|---|---|---|
| Excellent | $70 - $100 | $100 - $130 | $120 - $150 |
| Good | $40 - $70 | $70 - $100 | $100 - $130 |
| Fair/Poor | $20 - $40 | $30 - $60 | $50 - $80 |
Where Can You Sell or Trade Your iPhone 7?
If selling or trading in your iPhone 7 is under consideration, one can consider options such as the following:
Online Marketplace (eBay, Craigslist, and Facebook Marketplace):
Here, customers can directly procure the device, which may sometimes fetch a higher cost. However, selling your device online may include shipping your device and adapting to buyer's demands, which can indeed be challenging.
Trade-in Programs (for example, Apple, Amazon, Best Buy):
Many retailers and online marketplaces provide trade-in programs, wherein you can turn your iPhone 7 for store credit or for cash. This method, of course, does not guarantee you a payment close to selling the phone to an end customer, but it is quicker and more hassle-free.
Repair and Refurbished Shops:
Companies that specialize in phone repairs and refurbishments are often interested in buying used phones. You may not get as much as you would selling to an individual, but it is a fast and simple option.
Dr. Mobile:
We are a trusted repair and mobile seller partner for thousands of iPhone and Android users all across Canada. We offer market-competitive prices and give you the best value for your device. Our team makes this process very efficient and hassle-free, so you will be done really fast.
How Does the iPhone 7 Stand Against the More Recent Models?
The iPhone 7 was at its best when it was initially released. Now, in the context of comparison with the recent models like the iPhone 14, iPhone 15, and iPhone 16 series, the features of this particular model seem less up-to-date in terms of performance, camera quality, and overall features.
Key Differences Between iPhone 7 and Newer Models
Performance:
The iPhone 7 has the A10 Fusion chip, which, though it is still efficient for most activities, lags behind the more recent A13, A14, A15, and A16 Bionic chips in processing speed and efficiency.
Camera:
The iPhone 7 had a 12MP rear camera that was amazing for its time, but more recent models have significantly better camera systems with multiple lenses, improved night mode, and image processing.
Display:
The iPhone 7 features a sharp Retina display, although newer iPhones now come with OLED displays, meaning richer colors and deeper blacks that result in much better contrast overall.
Battery Life:
Battery life on the iPhone 7 is pretty decent, but with improved chips and larger capacities, newer models also come with better long-lasting batteries.
Despite these differences, the iPhone 7 can still perform many tasks well, including web browsing, calling, texting, social media, and light gaming. So, it can still be used by people who do not want the latest expensive models or those with a budget constraint.
Should You Keep or Sell Your iPhone 7?
Keeping or selling your iPhone 7 would depend on the needs you have:
You should keep it if:
- It performs well enough for you, and you don't perform complex multitasking operations on your mobile that modern smartphones support.
- You only require basic functions in your phone, which include calling, texting, and browsing the internet.
- You keep it as an alternative or even a spare in case you misplace or damage your current one.
Sell it if:
- You have upgraded to a newer phone and no longer need the iPhone 7.
- You want some extra cash or to trade it in for a discount on a new device.
- The phone is in good condition, making it worth selling or trading in for a higher value.
FAQs
1. How much can I get for my iPhone 7?
Prices for an iPhone 7 vary between $20 and $150 and depend on its condition, storage capability, color, and whether it is unlocked or locked into the carrier.
2. Is it worth selling my iPhone 7 in 2025?
Yes, if it is in good condition, it still holds some value; the iPhone 7 can be sold for cash or traded for credit, or if worse, recycled.
3. How can I unlock my iPhone 7?
Contact your carrier and ask them to unlock your device. This step is for only if the device you own meets all of the criteria they have established for unlocking the phone.
4. Can I trade in my iPhone 7 for a new model?
Yes, many trusted retailers, including Apple and Dr. Mobile, offer trade-in programs where you can exchange your iPhone 7 for credit for a newer model at the best price.
5. Will the iPhone 7 continue to receive software updates?
The iPhone 7 may not receive updates for much longer since Apple only supports software updates for older devices for around 5-6 years after its release. Still, it will continue to work fine for basic tasks even after the update cycle ends.
Conclusion
The iPhone 7 is still quite valuable in the used phone market, provided it is in good condition with more storage. Although it is no longer the newest model, its functionality and affordability are factors that keep it in demand for people who want to buy lightweight, budget-friendly smartphones for basic operations. Apple releases its new model every year, and the value of old iPhone models will drop further with time, so if you want to replace your iPhone 7 with another smartphone, it will be wiser to do that now. Visit Dr. Mobile, and we will thoroughly guide you through the potential options you can adopt.
If you are looking to upgrade and want to get some value out of your old iPhone, come by Dr. Mobile for a quick and fair trade-in process. We will get you the best value out of your iPhone 7 and help you find a smartphone that suits your needs.
