97540 Home Values & Market Trends

There are 96 homes currently listed for 97540. 97540 real estate market trends show that home prices range from $75,000 to $599,900, and the median sales price in the 97540 zip code is $424,798. The total number of properties sold within the past twelve months is 127. In 97540, 2 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.

97540 Real Estate Market Overview

CityMedian Est. Value
Talent

$ 424,798

$ 288/sqft

Housing Market Summary for 97540

Sep 2025September 2026Change
Median Listing Price$435K$414.9K-4.62%
Median Sold Price$434.7K$383.1K-11.86%
Homes For Sale779320.78%
Homes Sold5954-8.47%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 97540

The median list price of a home in Talent, is $424,798. A total of 96 properties are for sale, and the percentage of properties for sale in the zip code is 96.00%. The total count of 97540 properties is 154.

Foreclosure
There is 1 cities within 97540; within this cities, the median estimated home value for homes in foreclosure ranges from $359,000 in talent to the lowest value of $243,000 in talent. Foreclosure homes account for 1.00% of properties in 97540 with talent containing 2 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 97540 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 97540; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 97540 ranges from the highest value of $243,000 in talent to the lowest value of $243,000 in talent. Bank owned homes and properties account for 0.65% of properties in 97540. There is 1 cities within 97540; talent containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    talent has 1 auction properties, the highest number of properties going to auction in a single city in the state of 97540. Auction homes and other auction properties account for 0.65% of all properties in 97540. There is 1 cities within 97540; of that cities, the median estimated home value for homes going to auction ranges from $359,000 in talent to the lowest value of $359,000 in talent.
Homes for Sale
Homes and properties that are actively listed for sale account for 62.34% of residential properties in 97540 with talent containing 96 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 97540; homes for sale in that cities, have a range of median values from $725,000 in talent to the lowest value of $83,510 in talent.
    Sold Homes
    The median value for recently sold homes ranges from $887,705 in talent to the lowest price of $249,969 in talent. There is 1 cities within 97540. talent has 54 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 35.06% of properties in 97540.

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      Guide for 97540

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.