As of September 2026, CarSearch.Pro's True Value model estimates a typical Porsche 911 (997) Targa is actually worth $61,300 (fair range $54,000 to $68,700). Unlike the median asking price shown above, True Value is anchored to 807 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 $70,000 — about 14% above what these cars have actually been selling for. That gap favors patient buyers: negotiate from the sold data, not the ask.
As of September 2026, the Porsche 911 (997) Targa market has 1,000 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $54,995, with the middle 50% of listings priced between $46,221 and $62,500. Targa prices have increased 7.4% over the past quarter, from a median sale price of $60,504 to $64,997.
The typical Targa on the market has 63,821 miles. Listings spend an average of 39 days on market before selling or being removed.
Current Targa Pricing
A fair price for a Porsche 911 (997) Targa in September 2026 is between $46,221 and $62,500 (25th to 75th percentile). Prices range from $38,991 to $69,000 across 1,000 active listings.
Price Distribution (1,000 Active Listings)
Percentile
Price
Meaning
10th
$38,991
Budget / project cars
25th
$46,221
Below average price
Median (50th)
$54,995
Typical market price
75th
$62,500
Above average / premium
90th
$69,000
Top tier / low miles / rare spec
The average asking price is $53,941, 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
35
$64,900
25,000 - 50,000 mi
247
$59,950
50,000 - 100,000 mi
584
$53,606
100,000 - 150,000 mi
99
$39,000
Over 150,000 mi
7
$62,335
Targa Price Trends
Porsche 911 (997) Targa prices have increased 7.4% over the past quarter. In 2026-Q3, the median sale price was $64,997 across 400 sales, up from $60,504 in 2026-Q2.
Targa Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2026-Q1
72
$58,997
$80,386
2026-Q2
528
$60,504
$89,712
2026-Q3
400
$64,997
$89,083
Best Value Targa by Model Year
The 2005 Targa offers the best value with a median price of $49,080 across 146 listings. The most expensive model year is 2012 at a median of $67,995.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
2005
146
$49,080
$8,433
$68,900
2006
311
$51,990
$28,926
$70,312
2007
144
$55,900
$3,456
$69,995
2008
176
$55,900
$29,995
$70,889
2009
119
$62,349
$17,150
$70,593
2010
32
$64,999
$44,999
$68,995
2011
56
$59,998
$41,999
$70,150
2012
15
$67,995
$58,999
$70,208
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 51,067 miles:
Odometer (approx.)
Value Multiplier
Implied Value
760 mi
5.05x
$309,610
5,159 mi
1.48x
$91,012
10,873 mi
1.53x
$93,877
22,031 mi
1.41x
$86,244
39,860 mi
1.08x
$66,259
62,845 mi
0.93x
$57,212
93,325 mi
0.74x
$45,357
136,380 mi
0.59x
$36,378
232,494 mi
0.55x
$33,899
Low-mileage examples carry a real premium in this market: around 760 miles, cars trade at roughly 5.05x the reference value. At the other end, 232,494-mile examples trade at about 0.55x. Implied values here are anchored to this market's True Value.
Targa Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↑ UP
53%
volatile
58% over 74 tests
12 months
↑ UP
55%
volatile
62% over 68 tests
24 months
↑ UP
58%
volatile
80% over 56 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 191 active listings, followed by TX (119), FL (104), IL (54), WA (53).
Regional pricing varies significantly. The lowest median price is in VA at $47,500, while OR has the highest at $70,150. Buyers willing to travel or arrange transport may find savings of $22,650.
Top States by Inventory
State
Listings
Median Price
CA
191
$57,995
TX
119
$57,995
FL
104
$55,299
IL
54
$57,995
WA
53
$62,700
KS
46
$64,598
NC
45
$59,999
AZ
43
$54,995
NJ
35
$58,995
OR
30
$70,150
Targa Market Velocity
Porsche 911 (997) Targa listings spend an average of 39 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 33 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: $46,221 to $62,500. The median is $54,995. Anything below $46,221 is a strong value; above $62,500 should be premium condition, low miles, or a desirable specification.
Trending up: Targa prices have risen 7.4% recently. Buying sooner may save money if the trend continues.
Best value year: The 2005 model year has the lowest median price at $49,080, making it the most accessible entry point into Targa ownership.
Take your time, but don't delay: Average days on market is 39. You have some time to research, but the best deals still go fast.
Data sourced from 12 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.