Data as of March 2026. Source: Realtor.com.
The BANKS, OR real estate market (97106) currently shows 14 active listings, with 5 pending sales. Homes are averaging 76 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 76 days on market compared to 39 days last year.
The median listing price has risen 16.5% year-over-year, from $770,000 to $897,000.
Whether you are buying or selling in BANKS, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 4,770 · Density: 41.8/mi² · Median household income: $104,402
Typical home value: $488,042 · Homeownership: 87.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97106 | Banks, OR 97106 | 0.0 mi | 14 | $12,207,650 | $839,950 | $871,975 |
| 97116 | Forest Grove, OR 97116 | 5.1 mi | 101 | $60,660,297 | $499,925 | $600,597 |
| 97109 | Buxton, OR 97109 | 6.5 mi | 1 | $895,000 | $895,000 | $895,000 |
| 97144 | Timber, OR 97144 | 10.2 mi | 2 | $999,998 | $499,999 | $499,999 |
| 97113 | Cornelius, OR 97113 | 11.0 mi | 50 | $29,285,150 | $499,240 | $585,703 |
| 97119 | Gaston, OR 97119 | 13.1 mi | 9 | $10,590,147 | $856,750 | $1,176,683 |
| 97064 | Vernonia, OR 97064 | 15.8 mi | 21 | $10,472,805 | $488,750 | $498,705 |
| 97123 | Hillsboro, OR 97123 | 16.4 mi | 200 | $142,205,200 | $544,500 | $711,026 |
| 97053 | Warren, OR 97053 | 17.0 mi | 13 | $12,879,763 | $884,875 | $990,751 |
| 97229 | Portland, OR 97229 | 17.2 mi | 303 | $256,199,832 | $798,000 | $845,544 |
| 97051 | Saint Helens, OR 97051 | 19.2 mi | 59 | $33,917,743 | $459,975 | $574,877 |
| 97005 | Beaverton, OR 97005 | 19.6 mi | 35 | $14,952,525 | $447,450 | $427,215 |
| 97225 | Portland, OR 97225 | 20.5 mi | 58 | $47,025,124 | $656,475 | $810,778 |
As of March 2026, there are 14 active listings in BANKS, OR (zip code 97106), compared to 16 the prior year.
The median listing price in BANKS, OR 97106 is $897,000 as of March 2026, a 16.5% increase from $770,000 the prior year.
Homes in BANKS, OR 97106 spend an average of 76 days on the market before going under contract, compared to 39 days the prior year.
Based on current inventory and days-on-market data as of March 2026, BANKS, OR 97106 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 76 days on market compared to 39 days last year.
With SELL123.com's maximum 3% commission, sellers in BANKS, OR 97106 save an estimated $17,940 compared to a typical 5% commission on the median listing price of $897,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.