Talent, OR 97540 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Talent, OR—97540

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$427,000

0.5% YoY Growth

Household Income

$57,700

33.9% YoY Growth

Days on Market

17.0% Shorter YoY

Home Price Forecast

-0.6%

Median Rent

$1,500

15.2% YoY Growth

1-Bed Rent

$888

15.0% YoY Growth

2-Bed Rent

$1,500

3.8% YoY Growth

3-Bed Rent

$2,350

0.5% YoY Growth

Home Price Trends — Talent, OR

As of Dec '25, the median home price in Talent, OR is $427,000, with a year-over-year change of 0.5%. This indicates that home prices in Talent, OR are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$427,000	0.5%
Single Family	$427,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

3.1%

1 Bedroom

12.7%

2 Bedrooms

52.6%

3 Bedrooms

26.1%

4 Bedrooms

4.8%

5+ Bedrooms

0.6%

Property Listings — Talent, OR

As of Dec '25, Realtor.com reports that the median days on market for a home in Talent, OR is 64. This is a increase of 7.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$510,000	18.0%
Listing Count	21	-39.0%
Listings as % of Homes	0.9%	-39.0%
Days on Market	93	-17.0%

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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%

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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%

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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%

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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

Talent, OR—97540

Key Metrics at a Glance

Home Price Trends — Talent, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Talent, OR

% of Rental Stock

Property Listings — Talent, OR

Demographics — Talent, OR

Race and Ethnicity

Mortgage and Risk — Talent, OR

Mortgages

Rentals and Section 8 — Talent, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Talent, OR

Home Price to Income Ratio

Talent, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Phoenix, OR

Medford, OR

Medford, OR

Central Point, OR

Ashland, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.3
Median Home Price	$427,000
Median Household Income	$57,700

Talent, OR—97540

Key Metrics at a Glance

Home Price Trends — Talent, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Talent, OR

% of Rental Stock

Property Listings — Talent, OR

Demographics — Talent, OR

Race and Ethnicity

Mortgage and Risk — Talent, OR

Mortgages

Rentals and Section 8 — Talent, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Talent, OR

Home Price to Income Ratio

Talent, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Phoenix, OR

Medford, OR

Medford, OR

Central Point, OR

Ashland, OR

Frequently Asked Questions

What is the average home price in Talent, OR 97540?

How have home prices in Talent, OR 97540 changed over the past year?

What is the home price projection for Talent, OR 97540?

What are the demographics of Talent, OR 97540?

How long does it take homes to sell in Talent, OR 97540?

What is the average rent price in Talent, OR 97540?