Talent, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Talent Neighborhoods Since 2000




Talent, OR Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Talent Housing Market Information

With a population of 6,411, 2,705 total housing units (homes and apartments), and a median house value of $220,020, Talent real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Talent, accounting for 59.30% of the city's housing units. Other types of housing that are prevalent in Talent include mobile homes or trailers ( 16.71%), duplexes, homes converted to apartments or other small apartment buildings ( 15.48%), and a few row houses and other attached homes ( 5.17%).

The most prevalent building size and type in Talent are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.94% owning and 43.06% renting.

There is a lot of housing in Talent built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Talent built between 2000 and later ( 30.88%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.42%). There's also some housing in Talent built before 1939 ( 5.31%).

Talent Home Appreciation Rates

Talent's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Talent during the period has been just -1.12%, which is lower than 70% of US communities.

Appreciation rates are so strong in Talent that despite a nationwide downturn in the housing market, Talent real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Talent appreciation rates continue to be some of the highest in America, at 8.07%, which is higher than appreciation rates in 87.07% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Talent. Talent appreciation rates in the latest quarter were at 1.61%, which equates to an annual appreciation rate of 6.58%.

Relative to Oregon, our data show that Talent's latest annual appreciation rate is lower than 60% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$220,020

Talent, OR HOME PRICES

Value Range
> $1,295,000 0.0
$971,001 - $1,295,000 0.8
$647,001 - $971,000 1.1
$518,001 - $647,000 3.7
$388,001 - $518,000 7.2
$259,001 - $388,000 29.8
$130,001 - $259,000 22.8
$65,001 - $130,000 11.7
$0 - $65,000 22.9

Low for OR
High for Nation

Value Relative to Nation Value Relative to State
27.7217860072659 71.4975845410628

Number Of Homes And Apartments:
2,705

Talent Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
67.03% 3.02% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,146 / per month

Homeownership Rate

Homeownership
Owners 56.94
Renters 43.06
Vacant 4.85

Housing Market Details

 

Age of Homes

AGE OF Talent HOMES
2000 or Newer 30.9
1970 - 1999 49.4
1940 - 1969 14.4
1939 or Older 5.3

Types of Homes

TYPE OF Talent HOMES
Single-Family 59.3
Townhomes 5.2
Small Apt. Buildings 15.5
Apt. Complexes 3.3
Mobile Homes 16.7
Other 0.0

Home Size

SIZE OF Talent HOMES
No Bedroom 0.00
1 Bedroom 4.54
2 Bedrooms 35.91
3 Bedrooms 52.37
4 Bedrooms 5.70
5 or more bedrooms 1.48

Popular Neighborhoods in Talent

Zip Codes in Talent, OR