Housing · Talent

Talent, OR housing market

The typical Talent home is worth about $436,000, up 2.4% in a year, 12% below the Oregon typical home. Homes typically sell in 45 days, close to asking.

Home values, sales, trends and how Talent compares with the towns next door — updated as new data is published.

The market right now

Talent at a glance

Typical home value
$436K
▲ 2.4% in a year · Zillow
Median sale price
$372K
May 2026 · Redfin
Days on market
45
Oregon: 28 days
Sale-to-list
99.1%
Homes sell near asking
Homes sold
7
in May · 17 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 2.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

TalentOregon
$250K$300K$350K$400K$450K$500K$550K 20182020202220242026 Talent $436K Oregon $496K
Show as a table
JanuaryTalentOregon
2017$291,000$313,000
2018$314,000$337,000
2019$330,000$354,000
2020$346,000$369,000
2021$371,000$411,000
2022$422,000$480,000
2023$423,000$490,000
2024$425,000$495,000
2025$429,000$504,000
2026$432,000$500,000
August 2026$436,000$496,000
New construction

11 new homes permitted in 2025

Builders were permitted 11 new homes in Talent in 2025: 9 single-family houses and 2 in buildings with two or more homes, worth about $2.2 million to build. That's 1.8 per 1,000 residents, slower than across Oregon (3.8). Over the past 10 years, Talent has permitted 471 homes in all.

New homes, 2025
11
▼ 35% vs 2024
2026 so far
6
Jan–Aug
Per 1,000 residents
1.8
Oregon: 3.8
Single-family
82%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
050100150 2000: 0 homes 2000 2001: 0 homes 2002: 42 homes 2003: 112 homes (84 single-family, 28 in buildings with 2+ homes) 2004: 125 homes (117 single-family, 8 in buildings with 2+ homes) 2005: 68 homes (66 single-family, 2 in buildings with 2+ homes) 2005 2006: 43 homes 2007: 43 homes 2008: 17 homes 2009: 12 homes (10 single-family, 2 in buildings with 2+ homes) 2010: 13 homes 2010 2011: 11 homes 2012: 25 homes 2013: 42 homes (40 single-family, 2 in buildings with 2+ homes) 2014: 13 homes 2015: 18 homes 2015 2016: 18 homes 2017: 10 homes 2018: 28 homes (22 single-family, 6 in buildings with 2+ homes) 2019: 63 homes (23 single-family, 40 in buildings with 2+ homes) 2020: 75 homes (27 single-family, 48 in buildings with 2+ homes) 2020 2021: 95 homes (30 single-family, 65 in buildings with 2+ homes) 2022: 113 homes (34 single-family, 79 in buildings with 2+ homes) 2023: 41 homes (33 single-family, 8 in buildings with 2+ homes) 2024: 17 homes (9 single-family, 8 in buildings with 2+ homes) 2025: 11 homes (9 single-family, 2 in buildings with 2+ homes) 2025 2026 so far: 6 homes (4 single-family, 2 in buildings with 2+ homes)

Homes vs. people, 2010–2020

Residents+216
New homes+241

Between the 2010 and 2020 censuses, Talent gained 216 residents while 241 new homes were permitted: about 0.9 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Oregon: 2.6 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)642$1.2 million
20251192$2.2 million
20241798$3.2 million
202341338$9.6 million
20221133479$21.3 million
2021953065$15.2 million
2020752748$12.3 million
2019632340$9.7 million
201828226$4.8 million
201710100$2 million
201618180$3.5 million
201518180$3.7 million
201413130$2.2 million
201342402$7.5 million
201225250$4.4 million
201111110$2 million
201013130$2.2 million
200912102$1.9 million
200817170$3.2 million
200743430$7 million
200643430$6.7 million
200568662$10.1 million
20041251178$16.2 million
20031128428$9.7 million
200242420$4.6 million
2001000—
2000000—

How Talent ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

7 years of income

The typical Talent home costs about 7 years of the town's median household income, more than across Oregon (6 years).

How Talent ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
48.1%
Oregon: 63.3%
Median tax bill
$3,365
Oregon: $3,876
Median rent
$1,579
Oregon: $1,525
Typical home built
1995
Oregon: 1981

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,670

HUD's Fair Market Rent for a two-bedroom in Talent is $1,670 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Talent pay a median of $1,579. A two-bedroom takes about 32% of the town's median household income, above the 30% guideline for affordable housing.

1 bedroom
$1,340
a month, with utilities
2 bedrooms
$1,670
a month, with utilities
3 bedrooms
$2,320
a month, with utilities
Share of income
32%
2 bedrooms ÷ median income

Studio $1,150 · 4 bedrooms $2,740

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97540; Medford, OR MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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