You can’t always find limited-edition releases of your favorite sneakers because most of them are sold through online raffle systems. This means if you fail to log onto the site in time, you aren’t picked in the raffle, or if these systems run into problems with the influx of other people trying to get these items, you’ll likely miss out. But you can probably find the sneakers you’re looking for on resale apps.
Sneaker and streetwear resale apps offer these coveted clothing items, but usually at an inflated price. According to a report by culture website Hypebeast, a shirt from streetwear brand Supreme might sell for $48 retail and resell on an app for $158. Similarly, some sneakers, like those made in collaboration between Jordan Brand and rapper Travis Scott, might sell for $175 retail and resell on an app for close to $2,000.
Even if you’re not interested in wearing these items, you might still be interested in using resale apps. Cowen Equity Research calls sneakers an emerging alternative asset class, and it believes the sneaker resale market value could reach $30 billion by 2030 – five times its 2019 valuation of $6 billion. Some financial advice sites, like MoneyMade, say sneakers also have a higher and faster return on investment than stocks.
For this list, we checked that each app has an authentication process in place to verify an item is authentic and not a fake or representation. We also checked that each app offered items from popular sneaker brands, like Jordan, Nike, Adidas and New Balance, and that each app offered clothing from popular brands, like Supreme and Off-White.
While many of these apps have an average delivery time of two weeks or less, delivery times are reliant on multiple factors, like sellers, whether an item was recently released and the mail service. Because of that, delivery times didn’t play into whether an app made this list.
Whether you want to collect new styles or diversify your investment portfolio, here are some of our favorite sneaker and streetwear resale apps.
All of these apps are free to download and use so you don’t have to use one exclusively. It could even be beneficial to use multiple apps in conjunction, that way you can find the items you want, compare prices and get the best deals.
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