As of October 2026, CarSearch.Pro's True Value model estimates a typical Porsche 911 (997) Targa is actually worth $59,400 (fair range $52,200 to $66,500). Unlike the median asking price shown above, True Value is anchored to 746 recent confirmed sales, normalized for mileage, and blends auction hammer prices (grossed up for buyer's premium) with real-world asking behavior.
Sellers are currently asking a median of $62,000 — about 4% above what these cars have actually been selling for.
As of October 2026, the Porsche 911 (997) Targa market has 1,000 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $49,950, with the middle 50% of listings priced between $43,996 and $56,450. Targa prices have increased 2.3% over the past quarter, from a median sale price of $60,880 to $62,297.
The typical Targa on the market has 67,612 miles. Listings spend an average of 42 days on market before selling or being removed.
Current Targa Pricing
A fair price for a Porsche 911 (997) Targa in October 2026 is between $43,996 and $56,450 (25th to 75th percentile). Prices range from $36,991 to $59,983 across 1,000 active listings.
Price Distribution (1,000 Active Listings)
Percentile
Price
Meaning
10th
$36,991
Budget / project cars
25th
$43,996
Below average price
Median (50th)
$49,950
Typical market price
75th
$56,450
Above average / premium
90th
$59,983
Top tier / low miles / rare spec
The average asking price is $49,152, which is lower than the median, suggesting pricing is relatively symmetrical across the market.
Price by Mileage
Mileage Range
Listings
Median Price
10,000 - 25,000 mi
19
$58,999
25,000 - 50,000 mi
194
$54,895
50,000 - 100,000 mi
616
$49,991
100,000 - 150,000 mi
133
$38,900
Over 150,000 mi
8
$62,335
Targa Price Trends
Porsche 911 (997) Targa prices have increased 2.3% over the past quarter. In 2026-Q4, the median sale price was $62,297 across 120 sales, up from $60,880 in 2026-Q3.
Targa Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2026-Q2
383
$58,981
$81,169
2026-Q3
497
$60,880
$82,089
2026-Q4
120
$62,297
$73,444
Best Value Targa by Model Year
The 2005 Targa offers the best value with a median price of $48,488 across 162 listings. The most expensive model year is 2010 at a median of $59,900.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
2005
162
$48,488
$23,997
$62,791
2006
369
$48,995
$10,997
$63,580
2007
141
$49,900
$11,599
$63,500
2008
178
$49,999
$27,000
$63,186
2009
82
$53,696
$10,000
$63,500
2010
13
$59,900
$1,911
$62,990
2011
37
$49,900
$41,650
$62,998
2012
11
$54,000
$47,000
$62,999
How Mileage Affects Targa Value
Most price guides assume value falls linearly with mileage. It doesn't. CarSearch.Pro learns the actual price-vs-mileage curve for the Porsche 911 (997) Targa from confirmed sales, referenced to a typical example at about 53,000 miles:
Odometer (approx.)
Value Multiplier
Implied Value
728 mi
5.22x
$309,781
5,105 mi
1.74x
$103,093
10,868 mi
1.48x
$88,043
22,206 mi
1.40x
$83,172
40,203 mi
1.08x
$64,200
62,901 mi
0.95x
$56,401
93,546 mi
0.76x
$45,003
137,268 mi
0.61x
$36,087
232,494 mi
0.57x
$33,891
Low-mileage examples carry a real premium in this market: around 728 miles, cars trade at roughly 5.22x the reference value. At the other end, 232,494-mile examples trade at about 0.57x. Implied values here are anchored to this market's True Value.
Targa Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↑ UP
55%
volatile
60% over 75 tests
12 months
→ FLAT
50%
volatile
74% over 69 tests
24 months
↑ UP
62%
volatile
93% over 57 tests
These are probabilistic direction calls, not price targets. The "Past Accuracy" column is this model's real walk-forward record on the Porsche 911 (997) Targa — every month we re-run the forecast as if we only knew what was knowable then, and grade it against what actually happened. We publish the hit rate either way. Full methodology & track record →
Where to Buy a Targa
The highest concentration of Porsche 911 (997) Targa listings is in CA with 192 active listings, followed by TX (158), FL (102), AZ (50), NC (45).
Regional pricing varies significantly. The lowest median price is in OR at $44,499, while WA has the highest at $63,580. Buyers willing to travel or arrange transport may find savings of $19,081.
Top States by Inventory
State
Listings
Median Price
CA
192
$53,895
TX
158
$55,220
FL
102
$49,900
AZ
50
$50,000
NC
45
$53,694
IL
39
$54,988
OR
34
$44,499
NJ
33
$53,850
IN
32
$49,997
WA
32
$63,580
Targa Market Velocity
Porsche 911 (997) Targa listings spend an average of 42 days on market. This represents moderate market velocity. Well-priced listings move quickly, but overpriced examples can sit. Buyers have time to be selective; sellers should price competitively.
The median time on market is 36 days. The lower median suggests most cars sell relatively quickly, while a smaller number of overpriced listings drag up the average.
Targa Buyer's Guide Summary
Fair price range: $43,996 to $56,450. The median is $49,950. Anything below $43,996 is a strong value; above $56,450 should be premium condition, low miles, or a desirable specification.
Prices stable: Targa values have been relatively flat. There is no urgency to time the market.
Best value year: The 2005 model year has the lowest median price at $48,488, making it the most accessible entry point into Targa ownership.
Take your time, but don't delay: Average days on market is 42. You have some time to research, but the best deals still go fast.
Data sourced from 9 marketplaces including eBay Motors, Bring a Trailer, Cars & Bids,
AutoTrader, CarGurus, Cars.com, Facebook Marketplace, Classic.com, and Hagerty Marketplace.
Updated daily by CarSearch.Pro's automated pipeline.
Browse all 1,000 active Targa listings.
Read the latest Targa market analysis.