Market value for iphone 5 16gb?

What is this worth on craigslist… Someone wants 200 for it… Am i overpaying or underpaying?

I would pay no question cause her in Brazil iphone 5 costs US$ 1500 i can't belive is too much expensive

That sounds like a good price, but is it stolen, or will you be scammed.

There's no buyer protection from craigslist like Amazon or eBay, if you pay $200, get the phone, then a few weeks later the original owner reports the phone as lost-or-stolen the phone will be blacklisted thus being useless. You will then have a $200 paper weight, I would never buy off craigslist.