September IPv4 Market Update: Large and Small Block Pricing Converge

The IPv4 market continued to show strength in September, extending the momentum seen over the past several months. Larger address blocks continued to strengthen, with per-address pricing appearing to move closer to levels seen for smaller blocks.

That narrowing gap is an important development. Buyers and sellers evaluating their options should compare recent transactions across block sizes to understand how relative value is changing.

September’s broader message remains consistent with the trend that emerged over the summer: the market remains firm, and larger blocks continue to play a central role in its strength.

Key Takeaways

• IPv4 market strength continued in September, building on the momentum of recent months.
• Per-address pricing for larger blocks appears to be approaching smaller-block pricing, narrowing the gap between segments.
• Buyers seeking larger allocations may find that block size offers less of a pricing advantage than previously expected.
• Pricing still varies by block size and individual asset characteristics, making recent comparable transactions important for both buyers and sellers.

What This Means for Buyers

For buyers, continued market strength and rising larger-block pricing may increase the cost of waiting. Organizations with known address requirements should revisit budgets and acquisition plans using current market comparisons.

The narrowing price gap also makes it useful to evaluate multiple acquisition options. A single larger block and several smaller blocks may differ in price, availability and operational fit. Clearly defined requirements can help buyers assess those tradeoffs and move when suitable inventory becomes available.

What This Means for Sellers

For sellers, September continued to support the more favorable conditions that developed over the summer. Strengthening larger-block pricing may create opportunities for owners whose expectations were shaped by earlier market conditions.

As the gap between larger and smaller blocks narrows, owners of larger allocations should reassess their portfolios against recent comparable sales. Block quality, registration history, routing considerations and transaction structure still influence value, making realistic pricing and a well-managed sales process important in a strengthening market.

Market Outlook

September added to the evidence of sustained IPv4 market strength. The apparent convergence between larger- and smaller-block pricing is a development to watch, particularly if larger allocations continue to gain ground.

Heading into October, we will be watching whether that gap narrows further, how pricing develops across smaller and mid-sized blocks, and what transaction activity and available inventory indicate about the durability of the trend. Continued strength would reinforce the need for buyers and sellers to base decisions on current market conditions.

Want to explore recent IPv4 transaction trends in more detail? View the full prior sales data to see how pricing is moving across block sizes and time periods.