Talent, OR—97540
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Talent, OR
As of Oct '25, the median home price in Talent, OR is $429,000, with a year-over-year change of 0.3%. This indicates that home prices in Talent, OR are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $429,000 | 0.3% |
| Single Family | $430,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $356,000 | -2.5% |
3 Bed | $430,000 | 0.7% |
4 Bed | $552,000 | 0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Talent, OR
As of July '25, Rentcast reports the average rent in Talent, OR is $1,560, with a year-over-year rent change of -15.2%. Per bedroom, the median rent as of July '25 in Talent, OR is 1-bedrooms: $978, 2-bedrooms: $1,520, 3-bedrooms: $2,190. The most common rental property sizes in Talent, OR are 2-bedroom and 3-bedroom, accounting for 52.6% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $888 | $978 |
| 2 Bed Rent | $1,500 | $1,520 |
| 3 Bed Rent | $2,350 | $2,190 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Talent, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Talent, OR is 51. This is a increase of 54.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $543,000 | 26.0% |
Listing Count | 31 | -24.0% |
| Listings as % of Homes | 0.9% | -24.0% |
Days on Market | 51 | 54.0% |
Demographics — Talent, OR
As of the latest ACS Survey released in 2023, Talent, OR has a population of 8,480, which has increased by 1.5% over the past 5 years. Talent, OR is a moderately popular place for families, as children make up 16.7% of the population. The area has a moderately educated workforce, with 43.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,480 | 1.5% |
% Under 18 | 16.7% | -16.5% |
% Seniors | 24.1% | 7.6% |
% WFH | 12.5% | 27.6% |
% w/ College Degree | 43.1% | 22.1% |
As of the latest ACS Survey released in 2023, Talent, OR is a predominantly white area, with 76.0% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Talent, OR is hispanic, making up 13.9% of the population. Foreign-born residents account for 5.4% of the population in Talent, OR, and this percentage has decreased by 43.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.0% | -6.6% |
% Black | 0.4% | ∞% |
% Hispanic | 13.9% | 6.1% |
% Asian | 2.2% | -35.3% |
% Foreign Born | 5.4% | -43.2% |
Mortgage and Risk — Talent, OR
According to HUD data as of 2023, there were 137 mortgage originations in Talent, OR, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Talent, OR. Investor activity is high, as 17.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 137 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 17.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Talent, OR
Talent, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 53 |
Total Units Section 8 | 53 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $342 | $888 | $1,230 |
| 2 Bedroom | $70 | $1,500 | $1,570 |
| 3 Bedroom | -$150 | $2,350 | $2,200 |
| 4 Bedroom | N/A | N/A | $2,590 |
Affordability — Talent, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $429,000 |
| Median Household Income | $57,700 |